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Listing Id: 35769 Last Refreshed: 03/03/2025 Total Views: 266

(Sg) Hotel Property For Sale - Exclusive Freehold Brand New 15 Rooms Boutique Hotel In Geylang

Geylang
739-1 GEYLANG ROAD
S$14,000,000(Neg.) S$3500 psf
4000 sqft / 372 sqm

Overview

  • Property Type Hotel/Hostel
  • Tenure Type Freehold
  • Build Year 2025
  • Condition Fully Fitted
  • Floor Size 4000 sqft / 372 sqm (S$3500 psf)
  • Land Size 1274 sqft / 118 sqm (S$10989.01 psf)
  • Floor Level Grand
  • Renovation Cost N/A
  • Tenanted No
  • Listed By Agent

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Restrooms

Description

Hotel Property for Sale - Exclusive Freehold Brand New 15 Rooms Boutique Hotel in Geylang
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[Asking Selling Price of S$14 million, view to offer]
[Currently under construction, estimated TOP April/May 2025. Mock up room available for viewing!]
[Foreigners Welcome: As a commercial property, foreigners are eligible to purchase without incurring the Additional Buyer Stamp Duty (ABSD)]
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Property Highlights:
1) Freehold Property: Secure ownership with no leasehold limitations, offering long-term value and security.
2) 15 loft rooms
3) Total Land Area: 1,273 sq. ft, Total Floor Area: 4,000 sq. ft. (inclusive of furniture lofts)
4) Rare permanent "Hotel" Zoning and URA Usage
5) 2 Storeys + New 4 Storeys Rear Extension: Potential for further growth and upgrades with the upcoming decommissioning of Paya Lebar Airbase.
6) Unique Japandi Themed Loft Rooms: 15 stylish, Japandi-inspired loft rooms designed to provide guests with a blend of modern comfort and serene, minimalist elegance.
7) Prime Location: Situated in Geylang, a vibrant area with high foot traffic, offering easy access to key landmarks and transport networks.
8) Ready for Immediate Operation: The sale price includes all construction, renovations, compliance costs, allowing for quick turnover and seamless business commencement.
9) Sale & Leaseback Option: For investors seeking immediate returns, the current owner, an experienced hotel operator, is open to a sale and leaseback arrangement.
Eva Lau l R062169F l ERA Realty Network Pte Ltd
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