Fragrance

Fragrance: says its newly launched Novena Regency has received strong interest, with 44 of the 72 units released being taken up. There are a total of 100 units, comprising 55 residential and 45 commercial. Formerly known as Novena Ville, the freehold site will be developed into a mixed commercial-residential devt. TOP is expected by end Aug 2017. Residential units start from $2,300 psf while commercial units are priced from $7,000 psf. Novena Ville was sold en bloc at $1,730 psf ppr (incl additional 10% allowance for balcony space of residential component) back in May 2012. Fragrance trades at 1.9x P/B.