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    Back to results
    1. Search Results(059526)
    2. Porcelain Hotel, 48 Mosque Street, Singapore, 059526

    Porcelain Hotel, 48 Mosque Street,
    Singapore, 059526

    for Sale

    39,000sqft

    For sale

    $115,000,000
    0 bedrooms

    PROPERTY ID

    SG-SMPL-3263
    Property for Sale

    138-key boutique hotel located in the heart of Chinatown, Singapore

    Highlights

    • Rare opportunity for an investor to acquire a row of 12 contiguous conservation shophouses in Chinatown - one of the top tourist destination in Singapore
    • Rare permanent "Hotel" approval
    • 5-mins walk to Chinatown MRT station, 10-mins walk to CBD
    • Rare operating asset with proven cashflows
    • Flexibility of sale with vacant possession or sale and leaseback with gross yield of 3.65% for 4 years
    • Flexibility for ground floor to be converted to higher value uses such as F&B or retail 1
    • Potential to convert upper floors to office, serviced apartments and co-living 1
    • Singapore remains as an attractive and highly sought-after destination amongst investors due to its strong fundamentals and stable market conditions. New hotel room supply in Singapore is expected to be limited in next 2 years
    • Full commercial zoning. Foreigners / Companies eligible to purchase
    • No Additional Buyer’s Stamp Duty & Seller’s Stamp Duty

    Overview

    CBRE, as the exclusive marketing agent, is pleased to present for sale The Porcelain Hotel, a beautiful boutique hotel located in the heart of Singapore’s bustling Chinatown. Housed in a row of 12 adjoining conservation shophouses at 46 to 50 Mosque Street, The Porcelain Hotel enjoys over 55-metre wide road frontage. Spanning four storeys, The Porcelain Hotel offers 138 rooms with majority of the room sizes ranging from 8 to 16 sqm and a selection of larger units up to 42 sqm.
    Less

    Sizes and Measurements

    Floor Area

    39,000sqft

    Lease Information & Charges

    For sale

    $115,000,000

    Number of Units

    4
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    • CL

      Clemence Lee

      CEA Reg No.: R046342Z
    • Arrange a viewing

    Photos

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    Back to results
    1. Search Results(059526)
    2. Porcelain Hotel, 48 Mosque Street, Singapore, 059526

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