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Far East seen as likely buyer of Le Meridien in Sentosa

It's said to be in advanced talks to buy the 191-room hotel for about S$163m

Kalpana Rashiwala

Kalpana Rashiwala

Published Fri, Sep 14, 2018 · 09:50 PM
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Singapore

FAR East Organization, owned by the Ng family, is likely to buy the Le Meridien Singapore, Sentosa.

The Business Times understands that the property and hospitality giant is in advanced talks to buy the 191-room hotel, which stands on a site with 57 years left on its lease, for about S$163 million.

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