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Question

Investing in Commercial Property

Asked by Wing 15 Dec 2016

I would love to start a hostel business. Hope to know if there is any location or building to start operating such business?

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5 Answers

Previously Asked Questions

Mark Ng S W · Answer 1 · 2016-12-15T19:04:40+08:00

Mark Ng S W

Replied 15 Dec 2016

Hi Wing, do contact me at 97970200 or ngsiewwhye@gmail.com with more details so i can recommend you a suitable place

Mark, your RIGHT choice
SRH Read More

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Raymond Lim · Answer 2 · 2016-12-15T22:07:55+08:00

Raymond Lim

Replied 15 Dec 2016

Hi Wing

There is a lot of restriction for URA to grant new license for Hostel.. I think you have to takeover an exisiting one..

Let me know if you need help

Thanks.
Raymond Lim
CCN Realty Pte LTd
91388805
MBA/BSc(HONS)
Email: raymondshaq@hotmail.com
Website: ray91388805.blogspot.com Read More

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Steven Wang · Answer 3 · 2016-12-15T23:56:50+08:00

Steven Wang

Replied 15 Dec 2016

It might be easier to 'takeover' an existing one, rather than to start one.

Licensing will be an issue.

do contact me for Takeover recommendations.

Steven Wang
Edmund Tie & Co
khim,wang28@gmail.com
+65 9169 5023 (WhatsApp for quicker response) Read More

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Jim Tay · Answer 4 · 2016-12-16T00:13:01+08:00

Jim Tay

Replied 16 Dec 2016

Hi Wing,

Right on time, I am currently in the midst in assisting a client with a hostel takeover. Do get in touch and I will be pleased to guide you in the process.

Best,
Jim Tay B.B.A (Accounting, NUS)
+65 8333 7213
jimtaybc@gmail.com Read More