Prime freehold hotel in Singapore’s tourist hub FOR SALE BY EXPRESSION OF INTEREST | CLOSING 21 FEBRUARY 2019 AT 3.00PM KEY INVESTMENT HIGHLIGHTS Occupying a total site area of 22,762.4 sq ft, the 10-storey Rare freehold Flexibility to rebrand hotel, inclusive of a basement carpark and a rooftop hotel asset with possible vacant restaurant, is strategically located amongst Singapore’s prime possession tourist attractions, Sentosa Island and Mount Faber. A short 5-minute walk will take guests to the Harbourfront MRT Close proximity to Strong growth Station and VivoCity, Singapore’s largest shopping mall. CBD provides easy potential with the access for corporate future Greater clients Southern Waterfront The 319-room freehold property caters to a myriad of rejuvenation plan travellers with its standard rooms and suites with designer beds. With its strategic location and each room equipped with Gateway to Sentosa Island, Asia’s leading tourist panoramic bay windows offering views of either Sentosa or destination with close proximity to Resorts World Mount Faber, Bay Hotel attracts a steady stream of tourists Sentosa & Casino and business travellers. A 5-minute walk to Harbourfront MRT Station, a Riding on the strong tourism foundation and government connecting node to the Circle Line & North East Line support, tourist arrivals are expected to continually increase over the short to mid-term. Bay Hotel is well-positioned to capture the potential upside as Singapore’s hotel occupancy Robust tourism industry with substantial growth in visitor arrivals over consecutive years and room rates are poised for further growth. SITE DETAILS HOTEL DETAILS Location 50 Telok Blangah Road Hotel Management Owner Operator Singapore 098828 Rooms 319 rooms District 4 Room Size Standard Room (15m2) Planning Area Bukit Merah Deluxe Room (23 – 25m2) Suite(35m2) Master Plan 2014 Zoned for hotel use at GPR 3.5 Facilities • 24-hour Room Service Site Area (Approx.) 2,114.7 sqm(22,762.4 sq ft) • Non-smoking Rooms GFA 7,399.02 sqm (79,642 sq ft) • Airport Transfer • Baby-sitting Services Tenure Freehold • Business Services Accessibility Harbourfront MRT Station • Cable TV (5-minute walk) • Complimentary Wireless Broadband • Gym Year of Operation January 2012 • Hassle-free RFID Key Card System • Iron & Ironing Board • Outdoor Swimming Pool Carparking Lots 28 Retail 1 restaurant and 1 bar CONTACT DETAILS Jerome Wright Hazel Ng Terence Tang Director | CMIS Manager | CMIS Managing Director | Asia CMIS +65 9634 5043 +65 9221 3958 [email protected] [email protected] [email protected] CEA Registration No. R050592J CEA Registration No. R021907C CEA Registration No. R059914C This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2019. All rights reserved. Colliers International | Singapore CEA Licence No. L3004691J 12 Marina View, #19-02 Asia Square Tower 2, Singapore 018961 | Tel: +65 6223 2323 | Fax: +65 6222 4901 www.colliers.com/singapore.