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Fragrant Gardens seeks S$65m reserve price

Price works out to S$1,204 psf ppr, compared to the S$1,325 for Sun Rosier, which was sold last September

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Knight Frank launched Fragrant Gardens, a freehold site off Upper Paya Lebar Road, with a reserve price of S$65 million, or about S$1,204 psf ppr. The tender closes on Sept 4.

Singapore

FRAGRANT Gardens is the latest to launch its en bloc tender, as the property market holds its breath for the first successful collective sale since cooling measures came into effect in early July.

At a S$65 million reserve price, owners of the 37-unit freehold development...

sentifi.com

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