Strategically located on the banks of the historical Singapore River, the Hotel is within walking distance to the city’s business and financial districts, and the entertainment and dining hotspots such as Clarke Quay, Boat Quay and Chinatown. 

Citing the hotel’s close proximity to major demand generators, Mr Batchelor said, “The ability to tap into diverse market segments ensures the hotel runs at consistently high occupancy year round.  This is a well-timed opportunity for investors seeking to benefit from the huge growth potential offered by Singapore’s hospitality sector.”

The 476-room Hotel features a unique urban resort concept with three food & beverage outlets, conference facilities, an infinity swimming pool, and a full-service Amrita Spa complete with a two-storey fitness centre.  “Having just undergone a multi-million dollar refurbishment of its guestrooms, club floor and suites, the Hotel’s new contemporary style rooms now provide for an excellent platform for future revenue growth. 

“The incoming purchaser will also have the opportunity to further enhance the asset through the redevelopment of the prime riverfront space overlooking Clarke Quay,” said Mr Oakden.  ”The Hotel’s ground floor space offers the ideal location for a new state-of-the-art indoor/outdoor food & beverage facility, tying in well with plans to revitalise the riverfront precinct and new signature events such as The Singapore River Festival.”

Singapore remains one of the Asia’s most tightly held hotel investment markets and it is rare for more than one international standard hotel offered to the market in any given year.  “High on the shopping list of international investors are countries such as Singapore which has the sustained support of their governments,” said Mr Batchelor referencing the government’s continuous efforts in enhancing the destination. 
With sound economic fundamentals and an increasingly vibrant tourism industry, the future realisation of mega developments such as the two integrated resorts, a revitalised Sentosa and Marina Bay, and supporting tourism infrastructure such as the new Sports Hub and international cruise terminal, the outlook for continued growth in Singapore’s hotel market is extremely positive.

Investor interest for the Property is expected to be strong.   “We anticipate the property will attract interest from Europe and the Middle East as well as from the more traditional investment markets across north and south Asia,” said Mr Batchelor.

For further information on the sale of Swissôtel Merchant Court, Singapore, please contact Mike Batchelor on +65 6536 0606.