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SO/ Singapore hotel opposite Lau Pa Sat being sold at S$1.8m per room, say sources

This pricing is seen by some as setting a benchmark for the Singapore hotel market. Buyer Viva Land group owns the Robinson Point office building next door.

Kalpana Rashiwala

Published Fri, Apr 29, 2022 · 09:10 PM

Singapore property

A NEW benchmark in per-room pricing may have been set in the Singapore hotel market: The 134-room SO/ Singapore, which sits opposite Lau Pa Sat in the Central Business District (CBD), is being sold for about S$1.8 million per key, making for a total price of some S$240 million.

Located at the corner of Robinson Road and Boon Tat Street and known as Sofitel So Singapore before it was rebranded, the property is on a site with about 49 years left on its lease.

The hotel is being sold by Royal Group, (controlled by As…