The Business Times
business-time-50

Hotel off Keong Saik Road sold for S$31m; buzz over high of S$4,000 psf set in Amoy Street

google-preferred-sourceAdd BT as a preferred source
Kalpana Rashiwala

Kalpana Rashiwala

Published Tue, Jul 11, 2017 · 09:50 PM

    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.

    TRENDING NOW

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    Ryoji Shoda says that his luxury plans will not necessarily come with a price hike.

    Onitsuka Tiger pivots from Asics stripes to tap luxury market

    Singapore also intends to deepen cross-border data flow mechanisms, says Minister for Digital Development and Information Josephine Teo.

    Singapore to advance AI agenda as Asean chair, focus on cross-border data flows, smaller firms

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More