{
  "id": 6393793,
  "title": "Amara said to put Sentosa luxury resort hotel up for sale at $200 million",
  "url": "https://urgent.news/2026/09/09/amara-said-to-put-sentosa-luxury-resort-hotel-up-for-sale-at-200",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-09T06:54:21.000Z",
  "source": {
    "name": "Straits Times Business",
    "slug": "straits-times-business",
    "url": "https://www.straitstimes.com/business/amara-said-to-put-sentosa-luxury-resort-hotel-up-for-sale-at-200-million"
  },
  "original_language": "en",
  "account": "Amara Sanctuary Sentosa, a luxury resort hotel situated on former British army premises in Singapore, has been put up for sale at an indicative price of $200 million, according to sources familiar with the matter. The 140-room hotel, which has a leasehold land tenure expiring in 2075, is being marketed through an Expression of Interest exercise by property brokers Jones Lang LaSalle Inc and Knight Frank. The sale comes ahead of a significant revamp of the island it is located on, as announced by the city-state in July. Amara Holdings, the owner of the hotel, was taken private in 2025 by a consortium including two influential Singaporean families - the Teo clan and the Cheng clan, who control Wing Tai Holdings. The hotel is situated on Singapore's premier resort island, Sentosa, which is a popular destination for millions of visitors annually, known for its beaches, luxury hotels, and casinos. However, parts of the tourism hub, including the Resorts World casino complex and high-end residential market, are currently facing challenges.",
  "summary": "The indicative selling price of $200 million is nearly double its 2025 valuation.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}