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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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.
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