February 27, 2020

By Valerie Kor / EdgeProp Singapore | February 27, 2020 4:10 PM SGT The four-storey Porcelain Hotel is up for sale under an Expression of Interest exercise that closes on 27 March. (Photo: The Porcelain Hotel) SINGAPORE (EDGEPROP) - The Porcelain Hotel in Chinatown is up for sale at a guide price of $115 million, or $2,950 psf on the gross floor area. The 138-key, 99-year boutique hotel occupies a...

By Valerie Kor / EdgeProp Singapore | February 27, 2020 9:35 AM SGT CDL executive chairman Kwek Leng Beng (right) and group CEO Sherman Kwek at the group’s 2019 results briefing on Feb 26 at M Hotel Singapore (Photo: City Developments Limited) SINGAPORE (EDGEPROP) - City Developments (CDL) rounded off 4Q2019 with a strong performance of a 12.5% increase in profit to $87.7 million. Overall, the...