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Viva Land-linked units put Singapore assets up for sale for about S$700m

Indicative pricing for Robinson Point said to be S$470m; for Hotel Telegraph, the indicative price is S$240m

Kalpana Rashiwala

Kalpana Rashiwala

Published Fri, Jan 20, 2023 · 05:50 AM
    • The former SO/ Singapore hotel, now known as Hotel Telegraph, and Robinson Point in the background (right).
    • VivaCapital sold this trio of shophouses along Tras Street earlier this month. BT understands the sale price is about S$29 million, lower than the S$33.8 million VivaCapital paid for them last year.
    • The former SO/ Singapore hotel, now known as Hotel Telegraph, and Robinson Point in the background (right). PHOTO: BT FILE
    • VivaCapital sold this trio of shophouses along Tras Street earlier this month. BT understands the sale price is about S$29 million, lower than the S$33.8 million VivaCapital paid for them last year. PHOTO: GOOGLE MAPS

    THE Robinson Point office building and the hotel next door (formerly known as SO/ Singapore) have been put on the market.

    Entities in the Viva Land Group - now known as VivaCapital - which own the assets have appointed CBRE and JLL as marketing agents to source for buyers through an expression of interest (EOI) exercise.

    A spokesperson for VivaCapital confirmed this when contacted by The Business Times (BT).

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