FREEHOLD HOTEL NEAR NOVENA 49-ROOMS
Novena, Balestier Road, Moulmein Road, Mandalay Road, Balestier / Toa Payoh
S$ 32,300,000
3,941
sqft
S$ 8,195.89
psf
950 m (11 mins) from NS20 Novena MRT Station
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About this property
49-Room Freehold Hotel - Recently Renovated
RARE FREEHOLD HOTEL INVESTMENT NEAR NOVENA – DISTRICT 12
An attractive opportunity to acquire a freehold hotel asset in a well-connected central Singapore location near Novena.
Property Highlights
-Freehold
-Land : approx. 3,941 sq ft
-Built-up GFA: approx. 11,609 sq ft (subject to site)
-49 guest rooms
- Recently renovated, including 10 additional rooms and an upgraded reception and lounge area
- Plot ratio: 3.0
-Asking price: S$32.3 million
Strategically located near Novena, the property offers convenient access to amenities, healthcare facilities, retail and transport connections.
With its freehold tenure, established hotel configuration and recent improvements, this asset merits consideration by hotel investors, hospitality operators and property investors seeking a central Singapore holding.
Enquire for further details and viewing arrangements.
All property details, approved uses, zoning, GFA and planning parameters are subject to verification. Any redevelopment or alternative-use potential is subject to the relevant authorities’ approval.
An attractive opportunity to acquire a freehold hotel asset in a well-connected central Singapore location near Novena.
Property Highlights
-Freehold
-Land : approx. 3,941 sq ft
-Built-up GFA: approx. 11,609 sq ft (subject to site)
-49 guest rooms
- Recently renovated, including 10 additional rooms and an upgraded reception and lounge area
- Plot ratio: 3.0
-Asking price: S$32.3 million
Strategically located near Novena, the property offers convenient access to amenities, healthcare facilities, retail and transport connections.
With its freehold tenure, established hotel configuration and recent improvements, this asset merits consideration by hotel investors, hospitality operators and property investors seeking a central Singapore holding.
Enquire for further details and viewing arrangements.
All property details, approved uses, zoning, GFA and planning parameters are subject to verification. Any redevelopment or alternative-use potential is subject to the relevant authorities’ approval.
Estimated mortgage
Mortgage breakdown
Est. monthly repayment
S$ 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 FREEHOLD HOTEL NEAR NOVENA 49-ROOMS is S$ 32,300,000.
Current PSF at FREEHOLD HOTEL NEAR NOVENA 49-ROOMS is about S$ 8,195.89 psf.
The estimated loan repayment is S$ 123,364 / mo.
FREEHOLD HOTEL NEAR NOVENA 49-ROOMS is located at Novena, Balestier Road, Moulmein Road, Mandalay Road, Balestier / Toa Payoh Balestier / Toa Payoh Balestier / Geylang (D12-14).
FREEHOLD HOTEL NEAR NOVENA 49-ROOMS is a Freehold property.
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