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...