Waterloo Apartments has been sold through a collective sale for S$131.1 million to a wholly owned subsidiary of Fragrance Group. It intends to redevelop the 999-year leasehold property, which has a land area of about 14,369 sq ft, into a hotel. The property is at 64 Waterloo Street in the Bras Basah/Bugis area. Outline planning permission (OPP) has been obtained for a change in the property's...