JLL Hotels & Hospitality Group and CBRE have been appointed as exclusive joint marketing agents for the sale of QT Singapore, a luxury heritage hotel located at 35 Robinson Road. Following a comprehensive refurbishment in 2024, this 134-room property offers a unique investment opportunity in Singapore’s Central Business District (CBD), amidst increasing demand and limited supply in the hospitality sector.
The QT Singapore, housed in the former Eastern Extension Telephone Company building from the 1920s, combines architectural heritage with modern amenities. Its strategic location near four MRT stations and proximity to Marina Bay enhances its appeal to investors seeking to capitalise on the growth in both business and leisure travel. The sale is driven by renewed interest in Singapore’s hotel sector, bolstered by a decrease in benchmark interest rates and a scarcity of luxury hotels in the city.
Ling Wei Tan, Senior Vice President at JLL, highlighted the hotel’s potential, stating, “QT Singapore is ideally positioned to capture the growing demand for authentic, experiential-led stays whilst demonstrating robust investor interest for assets that blend architectural legacy and adaptive reuse within Singapore’s thriving hospitality sector.”
Andrew Hunter, Senior Director at CBRE Asia Pacific, added, “Located in the heart of the CBD, the QT Singapore represents the perfect investment opportunity due to its low future capex requirements and strategic positioning in the burgeoning lifestyle luxury submarket.”
The sale of QT Singapore presents a rare chance for investors to secure a foothold in one of Asia’s most vibrant luxury hotel markets, with future implications for growth in the hospitality sector.
