The Malaysian developer of the high-rise Shangri-La Melbourne has put the under-construction 500-room hotel on the market with an asking price of around $500 million.
The per-room price of $1 million, if achieved, would set a record for the city at a time when the performance of major CBD hotels, while improving, is still a long way short of pre-pandemic highs.the twin-tower development it is building at 308 Exhibition StreetAgent Gus Moors from Colliers said the 60-level hotel was due for completion in early 2024 and that he expected a mix of international and domestic interest in the asset.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Higher interest rates ‘priced in’ by the market: Treasurer’s warning to mortgage holdersAs his fourth federal budget nears, Treasurer Josh Frydenberg has warned Australians to brace for higher interest rates while claiming the Coalition is best placed to cope with this and other cost-of-living pressures. jamesmassola Frydenberg will go down as the worse Treasurer Australia has known votejoshout jamesmassola Worst treasure we've ever had. The debt his rorting scammy govt has racked up deserves some serious investigation once they have been voted out of existence. CallTheElectionDickhead jamesmassola Interest rises & inflation & debts for decades to pay off under JoshFrydenberg enough of this incompetent treasurer!
Source: smh - 🏆 6. / 80 Read more »
Rising grain market prices pose 'moral conflict' for Australian farmersGlobal wheat prices peaked at record levels last week, with the Russian invasion of Ukraine impacting grain exports from the Black Sea for the foreseeable future. But what does this mean for Australian farmers? No such thing as moral Australia, few moral Australians too I'm a nude model, rate my photos)😘😘😘 Farmers deserve a reasonable return and income for their hard work and investment. Does not happen as often as it should.
Source: abcnews - 🏆 5. / 83 Read more »
Film and TV properties star on Melbourne property market - realestate.com.auSilver-screen homes graced by the likes of Guy Pearce and Baz Lurhmann are up for grabs across Melbourne, from Yarraville to Mickleham.
Source: theheraldsun - 🏆 17. / 59 Read more »