Hotel off Keong Saik Road sold for S$31m; buzz over high of S$4,000 psf set in Amoy Street
Kalpana Rashiwala
Singapore
THREE adjoining freehold shophouses along Teck Lim Road off Keong Saik Road are being sold for S$31 million.
The shophouses at 12, 14 and 16 Teck Lim Road span three levels and a mezzanine floor, and currently house the 42-room Chinatown Hotel. The property has not had a major refurbishment for nearly 25 years.
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