THE private homes market remains buoyant, with more than 200 units sold at a new launch and the year's third collective sale site sealed. UOL Group said it has sold more than 200 units of Waterbank at Dakota in Dakota Crescent at a preview that started on Wednesday. Prices ranged from $1,000 per sq ft (psf) to $1,300 psf. With 616 units, it is the first project here without bay windows and planter...
Fragrance Group
Fragrance Properties has bought the Culford Garden estate at Siglap for S$39 million in a collective sale. The price translates to a land rate of about S$574 per square foot per plot ratio at a Gross Plot Ratio of 1.54. The 24-unit Culford Garden has a land area of 44,094 square feet and is zoned for residential development with an allowable height of up to five stories. Each owner could get an average...
Fragrance hotel and property group says it recorded a turnover of $57.7 million in the Third Quarter of 2009, a 37.9% increase from $41.83 million recorded in the corresponding period in 2008. The property sector contributed $48.79 million or 84.6% of the consolidated revenue. This is an increase of about 51.1% from the $32.28 million contribution in the third quarter of 2008. Fragrance says major...
Singapore Exchange's Mainboard-listed Fragrance Group said one of its subsidiaries plans to buy a property at Changi Road for S$33.5 million. The freehold property has a land area of 28,500 square feet. It can yield a maximum permissible gross floor area of around 60,000 square feet. Fragrance said it plans to develop the land into a five-storey mixed development comprising commercial space and...
Mainboard-listed Fragrance Group said one of its subsidiaries has bought a property at Eastwood Road for S$15 million. The free hold site has a total land area of some 28,000 square feet. It is zoned for residential development and has a maximum plot ratio of 1.4. Fragrance said it plans to develop the land parcel into a residential apartment building. It will fund the acquisition and the development...
Fragrance Ventures, a unit of Fragrance hotel and property group, has acquired 14 two-storey shop houses located at Pasir Panjang Road for $23 million. The row of shop houses sits on a freehold land with a total area of 2,055.9 sq m. The land is zoned “Commercial & Residential” with a maximum plot ratio of 3. Fragrance Group says the acquisition will be funded by internal funds and bank...
Mainboard-listed Fragrance Group said one of its units has bought a property at Telok Kurau for S$36.5 million. The freehold land parcel has a total site area of nearly 48,000 square feet. It can yield a maximum permissible gross floor area of some 93,000 square feet. Fragrance said it plans to turn the site into a five-storey mixed development, comprising commercial shops and residential apartments. It...
Fragrance Assets, a unit of mainboard-listed Fragrance Group, has won the tender for a hotel site at Short Street. It had submitted the top bid of S$15.5 million for the site. The Urban Redevelopment Authority (URA) received a total of 15 bids, ranging from S$8 million to S$15.5 million. Other companies that had tendered for the site include Regal Land, Centurion Properties and Sim Lian Land. The...
Fragrance Assets, a unit of mainboard-listed Fragrance Group, has put in the top bid of S$15.5 million for a hotel site at Short Street. The Urban Redevelopment Authority said it received a total of 15 bids, ranging from S$8 to S$15.5 million. Other companies that had tendered for the site include Regal Land, Centurion Properties and Sim Lian Land. Property consultancy CBRE said the strong response...