URA Opens Site For Tender

Source : TODAY, Thursday, August 30, 2007

The Urban Redevelopment Authority (URA) is inviting applications for a reserve site at Alexandra Road that has been zoned for residential development.

The site, near the Redhill MRT station, has an area of about 0.86 ha and a gross plot ratio of 4.9. A site in the reserve list will only be put up for tender if the developer’s minimum bid price in his application is acceptable to the Government. More details can be found at: www.ura.gov.sg.

The URA also announced it had awarded the tender for a commercial site at Anson Road to Firstoffice. The latter had submitted the winning bid of $237,204,839 for the site.