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Asking Price Contact for pricing
Area Size N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key facts

Land Area ()
Number of units 27

Property description

Six-storey Boutique Hotel Along Hongkong Street For Sale


Jones Lang LaSalle (“JLL”), as the exclusive marketing agent, is proud to present for sale 7 Hongkong Street – a 6-storey boutique hotel excellently located in the heart of the Central Business District (CBD).


7 Hongkong Street features several excellent attributes including an efficient layout, well-appointed guest rooms and a superior location amongst others. The Hotel represents a timely opportunity for all keen-eye investors to acquire an outstanding hospitality asset with strong capital upsides.


The Property is offered for sale via an Expression of Interest exercise closing 21st December 2021, Tuesday at 3pm.

Investment highlights

KEY INVESTMENT HIGHLIGHTS


  • Prized CBD location
  • Timely opportunity amidst strong travel demand
  • Palatable quantum
  • Strong capital appreciation potential
  • with immediate area undergoing rejuvenation potential
  • 27 well-appointed guest rooms
  • Benefit of vacant possession, flexibility for rebranding
  • Ideal for value-add & asset enhancement strategies
  • Equipped with lift access
  • Excellent accessibility, within 100m to Clarke Quay MRT Station
  • No ABSD or SSD payable
Last Updated Date: 11 Nov 2021

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Last Updated Date: 11 Nov 2021

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The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

Please go to the below link for our commitment to compliance (Japanese only).

https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation

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