Three families who are unrelated have sold adjacent bungalows collectively at a price of S$37.89 million. The bungalows are located in District 15 Lorong H Telok Kurau. The freehold bungalows are single-storey and together have 24,050 sq ft land area. Taking into account the development charges payable the developer would have to bear land rate of S$1,132 psf ppr. If the 10% balcony bonus is taken...
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...
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