30 Jul '18, 9am

Fragrant Gardens Launched for Sale by Tender

SINGAPORE – – Knight Frank Singapore, the exclusive marketing agent representing the interests of the owners of Fragrant Gardens via their collective sale committee, is pleased to announce the launch of the sale of Fragrant Gardens, a freehold, low-rise residential redevelopment site off Upper Paya Lebar Road, by tender. Fragrant Gardens. Picture: Knight Frank Singapore Fragrant Gardens is a private residential estate comprising two adjoining residential blocks of 37 apartment units, ranging from 79 sq m to 199 sq m, and has a site area of 3,583.8 sq m (approx. 38,576 sq ft). Under the 2014 Master Plan, the site is zoned “Residential” with a Gross Plot Ratio (GPR) of 1.4. This allows redevelopment potential to reach up to a maximum permissible Gross Floor Area (GFA) of approximately 54,005 sq ft, translating to a potential yield of 71 new residential units, based on the av...

Full article: https://www.iproperty.com.sg/news/fragrant-gardens-launch...

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