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An influx of non-local higher-education students is creating opportunities for property investors and hotel owners as a shortfall of accommodation widens, according to industry insiders.
Singapore News - The landlord of a six-storey hotel along McKenzie Road, who wanted to increase rent beyond the cap that was stated in the tenancy agreement, has lost a court fight against the hotel operator. The landlord, Mr Hoon Kee Meng, is one of the sons of the late Mr Hoon Thing... Read more at www.tnp.sg
Tenancy agreement stated renewed rent is to be capped at 10 per cent above current rent. Read more at straitstimes.com.
Dash Living has also brought opportunistic returns to investors with exits from three assets which were operated by the merged entity.
SINGAPORE, June 1, 2023 /PRNewswire/ --Dash Living, Asia Pacific's leading serviced living community, is thrilled to announce the launch of the fourth en bloc in Singapore, Dash Living Rochor, a 68-room coliving hotel in Singapore's historic district. The property is set to open its doors in June 2023, offering contemporary living in the heart of the city's cultural hub. Dash Living Rochor is strategically located at 22 Belilios Lane, a 3-minute walk away from the Little India MRT station. This prime location offers easy access to food, shopping and iconic landmarks such as the Sri...