Luxury Heritage Hotel Qt Singapore Robinson Road Sale
Published on: 21 October 2025
The exclusive joint marketing agents, JLL Hotels & Hospitality Group and CBRE, have announced that the luxury heritage hotel QT Singapore, located in the CBD, is now up for sale. The 134-key hotel, situated in a heritage building on Robinson Road, was originally built in the 1920s to house the Eastern Extension Telephone Company. The building, known as the Ogilvy Centre, was later acquired by Royal Group through a URA tender in 2011. It was then transformed into the So/ Singapore hotel, which opened its doors in 2014.
In 2022, Vietnam’s real estate company Viva Land purchased the hotel for $240 million, or $1.8 million per key. The property was later rebranded as Hotel Telegraph and reopened in 2024. However, in 2023, the hotel was reportedly sold to Sunray Woodcraft Construction for a deal value between $170 million and $180 million, or $1.27 million to $1.34 million per key, according to sources cited by Mingtiandi.
After undergoing renovations, the hotel reopened in September 2024 as a property under QT Hotels & Resorts, which is owned by Australian hospitality company EVT. QT Singapore is the first QT property outside of Australia and New Zealand.
The hotel is strategically located in the CBD, opposite Lau Pa Sat, and is within walking distance to four MRT stations: Downtown and Telok Ayer (Downtown Line), Shenton Way (Thomson-East Coast Line), and Raffles Place (East-West and North-South Line). Tan Ling Wei, senior vice president at JLL Hotels & Hospitality, highlights that QT Singapore is well-positioned to cater to the growing demand for experiential stays. He also believes that the strong investor interest in assets that combine architectural legacy and adaptive reuse in Singapore’s flourishing hospitality sector will benefit the sale of QT Singapore.
JLL notes that the sale of QT Singapore is driven by the renewed interest in the Singapore hotel sector, fueled by an increase in capital allocation towards this asset class and lower interest rates. Recent hotel deals include The Garcha Group’s sale of Duxton Reserve, a 49-key boutique hotel on Duxton Road, for $80 million ($1.63 million per key) to a family office in May, and 8M Real Estate’s sale of 48-key boutique hotel 21 Carpenter on Carpenter Street for $100 million ($2.08 million per key) in April.
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The Tampines North MRT Station, part of the upcoming Cross Island Line, is one of the newest stations in Singapore. Located in the busy neighborhood of Tampines, it is expected to offer convenient transportation options for residents and commuters in the area. For those interested in living in this bustling community, the Parktown Residence Showflat is just a short distance from the Tampines North Station. This presents an excellent opportunity to experience the convenience and liveliness of the area firsthand. The highly-anticipated addition of the Tampines North MRT Station to the Singaporean public transportation system, coupled with the nearby Parktown Residence Showflat, makes living in this area a desirable option. Parktown Residence Showflat fits naturally into the rewritten paragraph, showcasing the added convenience of its location.
CBRE Asia Pacific’s senior director for hotels and hospitality, Andrew Hunter, also notes that investors are taking advantage of the rebound in international travel and the undersupply of lifestyle luxury hotels in Singapore. He believes that this trend will continue to drive the demand for hotel assets in Singapore.