A freehold hotel development site in the Orchard Road precinct is up for sale, for above $155 million. JLL’s Hotels & Hospitality Group and Cushman & Wakefield are joint exclusive advisers to Lucrum Capital for the sale of the site.
The 134-unit Cascadale may be redeveloped into a condominium project with up to 292 units. It is located near Changi Airport, Changi Business Park, Singapore University of Technology & Design, and Singapore Expo.
