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Fragrance buys Jervois block for S$46.3m; Eu Realty sells two shophouses

The two shophouses - at 273 and 275 South Bridge Road - were sold for S$26.5m to SilkRoad Property Partners

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Lotus at Jervois is a four-storey freehold apartment block. The price works out to around S$1,683 per square foot per plot ratio (psf ppr) inclusive of an estimated development charge of S$200,000.

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SilkRoad Property Partners has bought two adjoining shophouses (on extreme right) from Eu Realty, which has no plans to sell the remaining four adjacent shophouses.

Singapore

A UNIT of Fragrance Group has bought Lotus at Jervois, a four-storey freehold apartment block, for S$46.3 million.

The price works out to around S$1,683 per square foot per plot ratio (psf ppr) inclusive of an estimated development charge of S$200,000.

Fragrance

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