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Hotel off Keong Saik Road sold for S$31m; buzz over high of S$4,000 psf set in Amoy Street

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This shophouse at the corner of South Bridge Road and Upper Cross Street changed hands at S$11.8m recently.

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The buyer is expected to undertake a major revamp of the property at Teck Lim Road which currently houses the 42-room Chinatown Hotel..

Singapore

THREE adjoining freehold shophouses along Teck Lim Road off Keong Saik Road are being sold for S$31 million.

The shophouses at 12, 14 and 16 Teck Lim Road span three levels and a mezzanine floor, and currently house the 42-room Chinatown Hotel. The property has not had a

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