Garcha Satinder Singh’s S$80 million sale of Duxton Reserve to Lotus One Investment Pte. Ltd.

Rajah & Tann Singapore, member firm of Rajah & Tann Asia, acted for Garcha Satinder Singh in the S$80 million sale of the property situated at Duxton Road, Singapore and known as “Duxton Reserve” (“Property”) to Lotus One Investment Pte. Ltd, by way of sale of the entire issued and paid-up share capital of SG Hotels Pte. Ltd., the registered proprietor of the Property. The Property is a luxury heritage boutique hotel operating out of eight conservation shophouses and franchised under Marriott International’s Autograph Collection brand. Senior Partner Norman Ho and Partners Gazalle Mok and Melvin Tan from the Corporate Real Estate Practice along with Partner Loh Chun Kiat from the Mergers & Acquisitions Practice led the transaction.