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Fortuna Hotel up for sale with S$98.8m guide price

Seven-storey property will appeal to investors with long-term investment horizon: CBRE official

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The guide price of S$98.8 million for Fortuna Hotel works out to about S$932,000 per key, or S$2,060 per square foot on the current gross floor area.

Singapore

FORTUNA Hotel at 2 Owen Road, just across the road from Mustafa Centre, has been launched for sale by tender with a guide price of S$98.8 million, sole marketing agent CBRE said on Wednesday.

Its tender will close at 3pm on Dec 10.

Located at a junction along Owen...

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