Park Hotel Farrer Park

RB Capital mulls sale of Farrer Park hotel

RB Capital is considering sale of its Park Hotel Farrer Park, after receiving unsolicited offers since the hotel began operations just about a month ago. Kishin RK, chief executive of RB Capital, said the 300-room hotel was recently valued at about S$390 million, or S$1.3 million per room, but added: "We are not quoting a specific price but will let the market determine the true price of this upscale...

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