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Sentosa hotel on the market for S$300 million
The Le Meridien S'pore, Sentosa is owned by Treasure Resort, which is majority owned by Rodney Tan and his family
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Published Wed, Oct 12, 2016 · 09:50 PM
Singapore
THE hotel that was formerly known as Movenpick Heritage Hotel Sentosa and is being rebranded into a Le Meridien has been put on the market.
Sources say the asking price is S$300 million, although two recent valuations were done at S$270 million and S$284 million. These valuations work out to S$1.41 million and S$1.49 million per room respectively.
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