Macau’s ill-fated ultra-luxury hotel The 13 is again up for sale, after a previous attempt to sell the property failed.
Real estate group Jones Lang La Salle has again been appointed as the agent for the sale of The 13 hotel.
It’s been over a year since Jones Lang LaSalle last put the property up for sale. Located at the end of the Cotai Strip, the property was previously priced at HK$2.4 billion ($307 million).
The 13 is a 22-story hotel, with the total ground floor area of approximately 944 1993 square feet. The property features 199 guest rooms, including 196 luxury rooms. These are accompanied by three super luxurious high end villa style suites of 10,000 square feet, with each villa having its own elevator.
When last put up for sale, JLL indicated that some 20 potentially interested parties had expressed interest.
The property opened in 2018, after many delays, however Macau’s Court of First Instance officially declared the company behind it bankrupt in February of 2023.
JLL is now seeking a buyer for the property in its entirety, in a note highlighting both its ‘design and opulence’, with JLL noting that – as the manager of the hotel – it had reinstated parts of the property to its former condition.
The property sits at the end of the Cotai Strip, and the eccentric visionary behind it, Stephen Hung had hoped for it to include a casino, under a satellite casino agreement with Melco, which never came to pass.
