Malacca Hotel and an adjoining residential property on 137 Koon Seng Road have been put up for collective sale.
The 2 properties have a total land area of 14,661 square feet and will be sold together.
Based on an indicative price of S$21 million, the price of the combined site would be equivalent to S$960 per square feet per plot ratio ($psf ppr), subject to Land Betterment Charge.
The location of the site is near popular primary schools such as Tao Nan School, CHIJ (Katong) and Haig Girls School.
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