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Claremont Hotel back on market with lower asking price

The seller is eyeing offers in excess of S$70 million, down from S$90 million in July 2016

The 90-room budget hotel occupies a land area of 4,838 sq ft and an estimated gross floor area of 30,591 sq ft. Room sizes range from 16 to 36 sq m, averaging 19 sq m.

CLAREMONT Hotel, a freehold eight-storey development along Serangoon Road, is back on the market for a second time with the seller eyeing offers in excess of S$70 million.

The 90-room budget hotel, near the junction of Owen Road, was previously put up for sale back in July 2016 for S$90...

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