In a city in a constant state of metamorphosis, Singapore’s five-star Goodwood Park Hotel is an anomaly, standing majestically on 15 acres of prime land just off bustling Orchard Road, the island nation’s epicenter for upmarket shopping.
The Goodwood and its surrounding estate, which includes the four-star York Hotel, would command a stonking price on the market. Ku Swee-yong, CEO at property broker Century 21 Singapore, estimates its worth at more than $2 billion, though any potential buyer would have to retain the hotel’s grand tower facade, which was designated a national monument in 1989.