Monday, September 24, 2007

URA Launches Second Transitional Office Site At Tampines

Source : Channel NewsAsia, 24 September 2007

The Urban Redevelopment Authority has launched the sale of a second transitional office site.

The second site is located at Tampines Concourse/Tampines Avenue 5, within the Tampines Regional Centre.

URA said the site will "help meet the demand for office space in the short to medium term".

The land parcel, which will be sold on a short-term lease of 15 years, has a maximum permissible gross floor area of 11,520 square metres.

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. - CNA/ac

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