Boutique Hotel at Desker Road for sale

By Bong Xin Ying / EdgeProp Singapore | January 14, 2019 6:37 PM SGT
Join our  Telegram  channel and follow our  Facebook  for the latest update.
A 25-room freehold boutique hotel on Desker Road in the Little India vicinity is up for sale by expression of interest (EOI). The site has a guide price of about $28 million to $30 million, according to marketing agent Knight Frank.
The subject property has a land area of 6,664 sq ft (Credit: Knight Frank)
The property is currently operating under the name of Hotel Marrison @ Desker, with an average occupancy rate of over 85% in the last two years.
It sits on a land area of 6,664 sq ft, with a total gross floor area of about 12,270 sq ft. The property comprises six adjoining units of two-storey shophouses with attic, and has an eating house situated on the ground floor. It has dual frontages onto Kampong Kapor Road and Desker Road.
ADVERTISEMENT
The EOI exercise will close on Feb 26, 3pm.
Follow Us
Follow our channels to receive property news updates 24/7 round the clock.
EdgeProp Telegram
EdgeProp Facebook
Subscribe to our newsletter
Search Articles
Follow Us On
Our Sites
Edgeprop.sg (previously known as The Edge Property Singapore) – is the best property portal for home-seekers, buyers, investors and real estate agents alike in Singapore. On EdgeProp, you will be able to find all the latest news and views, informational guides, historical transactions and rental searches, and research data and analysis.
Whether you are looking to buy, sell or rent apartments, condominiums, executive condos, HDB flats, landed houses or commercial properties, we bring you Singapore’s the most comprehensive and up-to-date property news and thousands of listings to facilitate your property decisions.
Make better decisions with our easy-to-use free and paid tools. The Edge Fair Value tool lets users calculate the fair value of a property and find properties below market value in Singapore. Meanwhile, discover all things en bloc, including Singapore en bloc news, trends and our En Bloc Calculator, which helps to determine the probability of a Singapore project being put up for collective sale.
Web Version 4.6.24
Aside from that, EdgeProp also offers a market trend tracker that lets you access historical property data, sales volume and compare how similar properties are selling, a heat map that lets you find out where all Singapore’s most popular property sales locations are, a HDB lease tool that lets you calculate your HDB tenure, an affordability calculator, and a property watch list to track your preferred Singapore property by project or location, as well as new launches.
On the lookout for undervalued property or buying to rent? EdgeProp’s powerful search filters let you personalise your property-seeking experience – whether you are looking for a property near MRT stations, amenities like schools and childcare centres, or a good-value condo with a sea view – so that you find exactly what you are looking for.