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SINGAPORE PROPERTY

Hotel Clover in Jalan Sultan sold for S$74.8m to HK's Weave Living

Buyer will transform asset into serviced residences with a modern twist

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Kalpana Rashiwala

Kalpana Rashiwala

Published Thu, Mar 10, 2022 · 09:50 PM

    Singapore

    A ROW of 17 conservation shophouses in the Kampong Glam area currently operating as the 88-room Hotel Clover in Jalan Sultan is being sold for S$74.8 million.

    The buyer is a special purpose vehicle that is majority owned by Hong Kong-headquartered Weave Living, an integrated lifestyle rental accommodation brand set up in 2017.

    shophousesSingapore propertyCo-livingHousing

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