D1 Hospitality Asset | Vacant | Rebuild & Unlock Full GFA Potential
Boat Quay / Raffles Place / Marina
S$ 14,000,000
1,884
sqft
S$ 7,431.00
psf
30 m (1 min) from NE5 Clarke Quay MRT Station
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About this property
Potential up to 1.8m revenue per year after rebuild
Land approx. 1,884 sqft
Existing built-up approx. 5,074 sqft
Commercial zoning | GPR 4.2
Currently usage ~ Backpacker Hostel with potential to redevelop into Hotel
Selling vacant — buyer can immediately plan for redevelopment and GFA maximization. No need to deal with tenancy, no downtime.
Currently underbuilt relative to allowable intensity. Clear upside for those looking to rebuild, top up lease and reposition.
This is a rare hospitality play in D1 — especially at this entry quantum. Even after factoring lease top-up and redevelopment, it remains palatable vs fully rebuilt assets in the area.
#hostel #hotel #servicedapartment #co-living
Existing built-up approx. 5,074 sqft
Commercial zoning | GPR 4.2
Currently usage ~ Backpacker Hostel with potential to redevelop into Hotel
Selling vacant — buyer can immediately plan for redevelopment and GFA maximization. No need to deal with tenancy, no downtime.
Currently underbuilt relative to allowable intensity. Clear upside for those looking to rebuild, top up lease and reposition.
This is a rare hospitality play in D1 — especially at this entry quantum. Even after factoring lease top-up and redevelopment, it remains palatable vs fully rebuilt assets in the area.
#hostel #hotel #servicedapartment #co-living
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 0 / mo
S$ 0 Principal
S$ 0 Interest
Upfront costs
Total downpayment
S$ 0
Downpayment
S$ 0 Loan amount at 0% Loan-to-value
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FAQs
The sale price of this unit at D1 Hospitality Asset | Vacant | Rebuild & Unlock Full GFA Potential is S$ 14,000,000.
Current PSF at D1 Hospitality Asset | Vacant | Rebuild & Unlock Full GFA Potential is about S$ 7,431.00 psf.
The estimated loan repayment is S$ 53,470 / mo.
D1 Hospitality Asset | Vacant | Rebuild & Unlock Full GFA Potential is located at Boat Quay / Raffles Place / Marina Boat Quay / Raffles Place / Marina City & South West (D01-08).
Floor size of this unit at D1 Hospitality Asset | Vacant | Rebuild & Unlock Full GFA Potential is 1,884 sqft.
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