URA Launches Second Transitional Office Site At Tampines Concourse/Avenue 5

Source : Urban Redevelopment Authority (URA) News Release

URA announced today the launch of sale of the second transitional office site at Tampines Concourse / Tampines Avenue 5.

URA had recently awarded the first transitional office site at Scotts Road on 27 August 2007 (http://www.ura.gov.sg/pr/text/2007/pr07-88.html). The launch of the Tampines Concourse site will continue to help meet the demand for office space in the short to medium term.

Transitional office site at Tampines Concourse / Tampines Avenue 5


















This Land Parcel, located within the Tampines Regional Centre, is being tendered out for the development of a transitional office building. It has a site area of about 1.15 ha and a maximum permissible gross floor area of 11,520 sqm. The site is sold on a short-term lease of 15 years and the office building on the site is expected to be a low-rise development of about three storeys that can be built quickly in about a year.

Located within the established Tampines Regional Centre, the Land Parcel is within walking distance of the Tampines MRT station and bus interchange. The site is easily accessible by several major expressways such as Tampines Expressway (TPE), East Coast Parkway (ECP) and Pan Island Expressway (PIE). The site also enjoys the convenience of being located in close proximity to Changi International Airport. The details of the Land Parcel are at Annex A-1 (http://www.ura.gov.sg/pr/graphics/2007/pr07-100a1.pdf) and the location plan at Annex A-2.

More details on the Land Parcel are available on URA website at http://www.ura.gov.sg/sales/TampinesAve5Sep07/TampinesAve5-intropage.html.

Other details

A tender period of about six weeks will be allowed for the site. The tender will close at 12 noon on 6 November 2007. Selection of the successful tenderer will be based on the tendered land price only.

Developer’s Packets containing details of the site, development requirements and conditions of tender are available at S$105 each (inclusive of GST). These can be purchased from the Customer Service Counter on the 1st storey of The URA Centre, 45 Maxwell Road, Singapore 069118. The Developer’s Packets can also be purchased via URA-Online at http://www.ura.gov.sg/sales/sale_of_developer’s_packet.html at a cost of S$105 each (excluding delivery charges) for local and overseas purchases.

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For media enquiries, please contact:

Ms Serene Tng
Manager, Public Relations
DID: 6329 3224
Email: serene_tng@ura.gov.sg