SUBSCRIBERS

Infosys co-founder's family office buys its first Singapore hotel

Nadathur Group picks up New Cape Inn in Tiong Bahru for S$67m

Kalpana Rashiwala
Published Mon, Nov 27, 2017 · 09:50 PM
Share this article.

Singapore

NEW Cape Inn, a 76-room freehold hotel in Seng Poh Road in Tiong Bahru, is being sold for S$67 million to a unit of Nadathur Far East, a part of the Nadathur Group.

The price works out to about S$881,579 per room.

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Property

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here