Amara said to put Sentosa luxury resort hotel up for sale at S$200 million
The reported indicative selling price is nearly twice the asset’s valuation in 2025
Singapore's Amara Sanctuary Sentosa, a luxury resort hotel located on former British army premises, is being put up for sale at an indicative price of S$200 million. The 140-room hotel, which sits on leasehold land with a tenure expiring at the end of 2075, is being marketed through an expression of interest exercise by property brokers Jones Lang LaSalle and Knight Frank.
The indicative selling price is nearly twice the asset's valuation in 2025 when Amara Holdings was taken private. The hotel's location on Sentosa Island, Singapore's premier resort destination, attracts millions of visitors annually. However, parts of the tourism hub are facing challenges, including the Resorts World casino complex and high-end residential market.
Singapore's Sentosa island, home to luxury hotels, casinos, and beaches, is set for a major rejuvenation plan over the next two decades. Amara Holdings, the owner of Amara Sanctuary Sentosa, was taken private in 2025 by a consortium including wealthy Singapore families, the Teo and Cheng families.
Written by urgent.news from The Business Times - Singapore's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- Amara puts Sentosa luxury resort hotel up for sale at S$200 million: sources businesstimes.com.sg
