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Fragrance plans hotels along Waterloo St, Hoe Chiang Rd

Group clinches Waterloo Apartments for S$131.1m; its Tower 15 in process of being rezoned for full hotel use

Kalpana Rashiwala

Kalpana Rashiwala

Published Wed, Nov 14, 2018 · 09:50 PM
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Singapore

FRAGRANCE Group, controlled by James Koh Wee Meng, is planning to develop hotels along Waterloo Street and in the Tanjong Pagar area.

It plans to redevelop the 999-year leasehold Waterloo Apartments, which it has just been awarded through a S$131.1 million collective sale, into a hotel. The price it is paying works out to S$2,172 per square foot per plot ratio.

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