Italy

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Listing Id: 34982 Last Refreshed: 11/01/2025 Total Views: 151

Freehold Prime Little India Boutique Hotel For Sale

Central AreaHotels
Asking Price: S$35,000,000(Neg.)
Business For Takeover
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Overview

  • Premise Type Commercial Street
  • Premise Size 8538 sqft / 793 sqm
  • Monthly Rental N/A
  • Rental Desposit N/A
  • Revenue N/A
  • Liability N/A
  • Gross Profit N/A
  • Net Profit N/A
  • Stock N/A
  • FFE N/A
  • Payable N/A
  • Receivable N/A
  • Owner Role Full Time
  • Staff N/A
  • Established N/A
  • Source Broker

Reason For Sale

Retiring

Description

Nestled in the heart of the Little India Conservation Area, this exquisite 3-storey boutique Hotel with basement sits on a premium freehold land parcel spanning approximately 2,556 sq ft, boasting a total floor area of around 8,538 sq ft. Comprising 31 elegantly appointed guest rooms, the hotel also features a charming ground-floor restaurant capable of accommodating up to 50 diners per seating.

Benefiting from a 'Commercial' zoning designation with permanent Hotel approval, this exceptional property offers foreigners the opportunity to purchase without incurring Additional Buyer's Stamp Duty (ABSD) or Seller's Stamp Duty (SSD).

Given its promising long-term potential, coupled with the tourism sector's robust recovery, this boutique Hotel presents a valuable investment prospect for a diverse range of buyers, including family offices, boutique real estate funds, local companies, owner-occupiers, and high-net-worth individuals.

Selling Price SGD 35 million

Interested parties pls call / whatsapp 91896791. Thanks
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