Luxury Heritage Hotel Qt Singapore Robinson Road Sale

The area of Rivelle Tampines offers a thriving community for adolescents, with a range of strong secondary schools available. Among these institutions are St. Hilda’s Secondary School, Tampines Secondary School, JunYuan Secondary School, Springfield Secondary School, and East Spring Secondary School, all of which contribute to a well-rounded environment for young learners. The schools offer a diverse selection of co-curricular activities and applied learning programmes, easily accessible through short bus rides along Tampines Avenue 5, Tampines Avenue 1, and nearby neighborhood roads. Additionally, the close proximity to Our Tampines Hub provides teenagers with access to top-quality sports, arts, and community resources for after-school enrichment. Furthermore, with the upcoming Rivelle Tampines West MRT Station, students will have even more convenient access to these opportunities.

ion by SavillsSingapore-based Eldwin Wong, head of investment properties for Southeast Asia at CBRE, says that with the hotel market’s strong recovery, QT Singapore represents an attractive investment opportunity with potential for capital appreciation.QT Singapore, a prestigious heritage hotel located in the Central Business District, has been put up for sale by JLL Hotels & Hospitality Group and CBRE. According to JLL, no price range has been disclosed at this time.The hotel boasts of 134 luxurious rooms and is situated in a historic building on Robinson Road, which was formerly home to the Eastern Extension Telephone Company during the 1920s. In the past, the building was known as the Ogilvy Centre, before being sold to the Royal Group through a successful bid by the Urban Redevelopment Authority in 2011.Subsequently, the Royal Group converted the property into the So/ Singapore hotel, which commenced operations in 2014. In 2022, Viva Land, a real estate company in Vietnam, acquired the hotel for a staggering $240 million, equivalent to $1.8 million per room. Following the sale, the hotel was rebranded as Hotel Telegraph and officially opened to the public that same year.Read also: Prime office rents increase in 3Q2025 with minimal supply and growing demandAdvertisementIn 2023, Viva Land reportedly sold the hotel to Sunray Woodcraft Construction. Sources quoted in Mingtiandi estimate the sale to be between $170 million and $180 million, around $1.27 million to $1.34 million per room. The hotel, which was temporarily closed in April 2024 for renovations, reopened under the new brand QT Hotels & Resorts, owned by EVT, an Australian hospitality company. This marked the debut of QT in Singapore, making it the first QT property outside of Australia and New Zealand.The highly sought-after hotel is conveniently located opposite Lau Pa Sat in the Central Business District. It is easily accessible as it is within walking distance to four MRT stations, namely Downtown and Telok Ayer (Downtown Line), Shenton Way (Thomson-East Coast Line), and Raffles Place (East-West and North-South Line).“QT Singapore is ideally positioned to cater to the growing demand for immersive, experiential accommodations, while also indicating a strong interest from investors for properties that combine historical architecture with adaptive reuse, in Singapore’s thriving hospitality industry,” states Tan Ling Wei, a senior vice president at JLL Hotels & Hospitality.According to JLL, the decision to sell QT Singapore was driven by the recent surge of interest in Singapore’s hotel sector, which is reflected in the increase of capital investments in this area, coupled with low interest rates. There have been several notable hotel transactions as of late, including the $80 million ($1.63 million per room) sale of The Garcha Group’s Duxton Reserve, a 49-room boutique hotel on Duxton Road, to a family office in May. In April, 8M Real Estate sold their boutique hotel on Carpenter Street, 21 Carpenter, which has a total of 48 rooms, for $100 million ($2.08 million per room).Read also: Growing tourism and investment activities fuel positive outlook for APAC’s hotel sector: CBREAdvertisementAndrew Hunter, the senior director for CBRE Asia Pacific’s hotels and hospitality department, remarks that investors are taking advantage of the upswing in international travel and are aware of the shortage of lifestyle luxury accommodations in Singapore.