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Synopsis, Boutique hotel for sale, Singapore

  • 55,000,000 $

 

Cosy yet stylish, Subject Hotel is located in Singapore’s colourful Tourist Attraction Areas, conveniently with these nearest MRT station, Bugis, Rochor and Jalan Besar MRT Station. It is a 10-minute walk from both Bugis and Little India MRT Stations. Free WiFi is available throughout the property.

The subject hotel is within a 10-minute stroll from the convenient 24-hour Mustafa Shopping Centre. Changi International Airport is a 20-minute drive from the hotel.

Contemporary-style rooms at feature a simple blend of pure white and deep purple design elements. A flat-screen TV can be enjoyed from the comfort of the platform bed. Soft and plush bathrobes are also provided.

The 24-hour front desk offers the convenience of luggage storage and fax/photocopying facilities. Laundry and dry cleaning services are also available.

A daily Continental breakfast is served at the hotel’s lounge.The hotels enjoys healthy /good consistent occupancy up to 98% for high season.

Possible Lease back from Owner - for 2 years

SITE AREA - 376.3 Sqm or 4049 Sqft

BUILDING GFA AREA - 1697 Sqm or 18266 Sqft

TENURE - Freehold

TOTAL UNITS - 79 rooms

HOTEL LICENSE - LIVE

OCCUPANCY RATE average > 80%

EXPECTED RETURN average 5-7%

ASKING PRICE - $55 mil 

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Tags: Synopsis, Boutique hotel for sale, Singapore, Real estate, Commercial property, Hotel

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