Saturday, May 26, 2012

Novena Ville sold en bloc for $131m


Straits Times: Sat, May 26
TENANTS of a busy stretch of eateries in Novena are weighing their future after the Novena Ville site was sold to the Fragrance Group for $131.52 million.

A subsidiary of Fragrance bought the site in a collective sale on Thursday.

The firm has yet to announce its redevelopment plans.

Novena Ville comprises 33 apartments and 10 shop units, which include restaurants like the well-known Wee Nam Kee Chicken Rice shop and The Vines Seafood and Steak Restaurant...
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