August 18, 2018

Freehold boutique hotel at corner of Outram Road and Tiong Bahru Road sold for $46 million

SINGAPORE (EDGEPROP) – A freehold boutique hotel at the corner of  Outram and Tiong Bahru Road is being sold for $46 million. Wangz Hotel which is a prominent landmark in that area because of its distinctive barrel-shaped aluminium-clad look is being sold by Glastech Pte Ltd.Image credit: Google MapThe sale works out to about $1.12 million per room for the six-storey, 41-room, freehold boutique hotel....

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