Singapore PR Piegaia Gabriele in top bid of $79,251 per month NINE parties have submitted bids in a state tender to lease the former Alkaff Mansion, with the majority proposing food & beverage use for the landmark property. They have offered to pay monthly rentals ranging from $3,009 to $79,251 for the property at Telok Blangah Hill. The top bidder is LES Pte Ltd. A search with the Accounting and...
Salz Kenji Tanaka
A NEWLY set up food and beverage company fronted by Italian Gabriele Piegaia has topped the bids for the keenly contested former Alkaff Mansion site. The two-month-old company, LES, topped the tender with a monthly rent offer of $79,251, which is about three times the Singapore Land Authority's (SLA) monthly guide rent of $28,100. Fragrance Group came in second with a monthly offer of $41,300 while...