Singapore

AFTER receiving unsolicited interest from potential buyers for 15 Hoe Chiang Road, Fragrance Group has appointed JLL to conduct an expression of interest (EOI) exercise for the freehold property.

The guide price of S$715 million could translate to anywhere from S$2,138 per square foot per plot ratio (psf ppr) to S$2,877 psf ppr, depending on the redevelopment scheme a potential developer pursues.