Urban Treasures developer - Fragrance Group limited and remarkable achievements
Urban Treasures is a glorified new residential area introduced by the prestigious Fragrance Group. This development includes a range of exquisite 1 to 4 bedroom units catering to buyers with varying needs. The exact address is at Jalan Eunos in the metropolitan area of District 14, Singapore. This property offers a great freestanding title for future condo owners, this property is set to have a prime spot expected in 2023.
Urban Treasures Condo is developed by Fragrance Group Limited - a real estate developer with a presence on three continents today, Asia, Australia and Europe. Our Group's core business includes residential, commercial, hotel and industrial development. Other activities of the Group include investment property holdings and hotel operations. The group's focus in real estate development is to provide customers with quality homes and business spaces at affordable prices.
Today's busy urban lifestyles demand simple design solutions that save precious space. Every square foot at Fragrance Group's accommodation units is meticulously designed to customer satisfaction and their accessories have been carefully selected for comfort and durability. Our projects offer the perfect combination of lifestyle essentials and convenience with their strategic locations.
Urban Treasures developer - Fragrance Group limited and remarkable achievements
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Fragrance Group - Urban Treasures' Developer and outstanding achievements in Singapore and overseas markets
As Urban Treasures Residences' Developer, Fragrance Group has successfully split a hotel branch under GPH for public listing and will own 55% of the shares after the IPO. Compared to high-end hotels, budget hotels are more resilient during cyclical downturns. As proof, GPH achieved an average occupancy rate of 90% and average revenue per room of SGD 133 at 9M11. Gross profit margin and realized net profit margin were 88.3% and 44.5% respectively during the same period. The group plans to add 200-300 rooms within 1-2 years after listing.
In a statement, the Urban Redevelopment Authority (URA) awarded the contract for the food and beverage site at Punggol Point to Fragrance Group Limited. The company submitted the highest bid in the tender for the venue. The site was bid for $11,368,800.00. Bidding for the food court was launched on December 4, 2012 and closed on February 26, 2013. The land plot is offered for sale with a lease term of 15. The group has filed for removal from the Singapore Stock Exchange, even as Singapore-based TDCX, which provides digital customer experience (CX) services, prepares to list in New York. Mainboard-listed Fragrance announced on Wednesday that it has applied for the exchange to be delisted following a privatization offer.
These achievements gradually affirm the position of Fragrance Group in the real estate market, which is a stepping stone to the success and development of Urban Treasures. Grab your chances now. Enjoy the great value of discounts and an exclusive preview of what Urban Treasures has in store for you. Sign-up below and have the opportunity to live in your dream house.
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