SUBSCRIBERS

Singapore boutique hotels tap on buoyant market to offload

A few properties have been put on the market in the last six months, with owners vying for attention from funds

Published Wed, Jan 20, 2021 · 09:50 PM

    Singapore

    BOUTIQUE hotel owners are perking up at active property buying in Singapore, as the Covid-19 pandemic crushed the tourism sector but not the will of the well-heeled in scooping up assets.

    A few such boutique properties have been put on the market in the last six months, with owners vying for attention from funds and family offices circling for deals to ride their projected tourism recovery in two years or so.