SINGAPORE (EDGEPROP) - A 70-room boutique hotel at 51 Joo Chiat Road is up for sale at a guide price of $55 million, according to Cushman & Wakefield, which is marketing the property.

Aqueen Heritage Hotel is located in the Joo Chiat Conservation Area, occupying a land site of 7,629 sq ft. It has a total gross floor area of  22,925 sq ft, with room sizes ranging from  140 sq ft to 276 sq ft, and a shop space of 1,744 sq ft.

Under URA’s Master Plan 2019, the hotel is zoned for commercial use with a gross plot ratio of 3.0.

The property is within proximity to Paya Lebar and Eunos MRT Stations.

The expression of interest exercise will close on Feb 24 at 3pm.

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