Current property has the potential to get rooftop bar license & future projects that has been secured includes restaurants with hotel room. Shareholders are working with foreign investors on buying hotels in the future as well.
Committed partners who wants to grow the company to the next level.
Minority shareholder wants to exit the business to focus on his core business which is in expansion mode. Thus, the board has agreed to look for new partners who are committed to the ambitious expansion for this project.
Freehold, the hotel is for sale with Vacant Possession (i.e. Free of Management). However, we can assist the potential buyer in the selection of a suitable hotel operator for long-term lease agreement.
Prime location in Singapore for tourists in Bugis, Geylang, Little India.