THE Urban Redevelopment Authority (URA) yesterday awarded the tender for a Short Street hotel site to Fragrance Group, which offered the highest bid of $15.51 million or $353 per square foot per plot ratio (psf ppr). The bid was 76 per cent higher than the trigger price of $8.8 million or $201 psf p ...
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 compa ...
A government tender for a small hotel site on Short Street closed yesterday with a whopping 14 valid bids received – which analysts said reflects market interest in development sites with good attributes. The highest bid came from Fragrance Group. It offered $15.5 million – or $353 per square foot p ...
A SMALL hotel site in Short Street has received 15 bids, with the winning tender coming in at more than double the trigger price. Budget hotel chain Fragrance Group’s bid of $15.5 million, or $353 per sq ft (psf) per plot ratio, is about 76 per cent higher than the trigger of $201 psf per plot ratio ...
Fragrance Assets, a unit of mainboard-listed Fragrance Group, has put in the top bid of S$15.5 million for a hotel site at Short Street. The Urban Redevelopment Authority said it received a total of 15 bids, ranging from S$8 to S$15.5 million. Other companies that had tendered for the site include R ...
PROPERTY developer and hotel operator Fragrance Group yesterday reported an 82.8 per cent rise in net profit to $55.6 million, thanks to payments kicking in for projects that were sold earlier. Turnover for the year ended Dec 31 was up 58.2 per cent at $215.3 million. The property sector contributed ...
Property and hotel group, Fragrance Group Limited, on Friday reported that its net profit for the fourth quarter ended December 31, 2008 rose 13.6 per cent to S$13.53 million. Turnover for the quarter rose 36.7 per cent to S$60.70 million. As a result, for the full year ended December 31, 2008, net ...
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