Results 1 to 2 of 2

Thread: Fragrance Properties to buy S$28m site

  1. #1
    Join Date
    Jul 2009
    Posts
    1,549

    Default Fragrance Properties to buy S$28m site

    Fragrance Properties to buy S$28m site
    By Jo-ann Huang | Posted: 15 November 2010 1530 hrs

    SINGAPORE: Fragrance Properties, the property development unit of Fragrance Group, is acquiring a site at Upper Paya Lebar Road for S$28 million.

    Known as MK23 Lot 03331T, the site currently houses a block of old apartments.

    The freehold site is zoned for residential development.

    It has a total land area of 3,173.6 square metres and has a maximum gross plot ratio of 1.4.

    The land can yield a maximum permissable gross floor area of 4.887.34 square metres, including an additional 10 per cent balcony space.

    Pending approval, Fragrance Properties intends to develop a residential apartment building on the site.

    It intends to finance the acquisition and development through internal funds and bank loans.

    The transaction is not expected to have any material impact on the company's earnings and net tangible assets for the current financial year.

    -CNA/wk
    BE CENTRED BY ALL AT THE FRINGE OF THE CITY @

  2. #2
    Join Date
    Apr 2009
    Posts
    869

    Default

    my bet 150 mm apts of about 350 sq ft with large balconies.

Similar Threads

  1. Fragrance, Aspial buy Upp Paya Lebar site
    By reporter2 in forum En Bloc Achieved
    Replies: 8
    -: 09-07-13, 09:05
  2. Fragrance Properties' $16m bid tops Tampines land tender
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 1
    -: 10-05-10, 18:50
  3. Replies: 14
    -: 07-01-10, 20:29
  4. Fragrance unit buys Sembawang site
    By mr funny in forum Landed Property
    Replies: 0
    -: 11-09-09, 12:16
  5. Fragrance Group buys two more properties
    By mr funny in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 25-07-09, 14:47

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •