Hospital Site At Novena For Sale

Source : TODAY, Tuesday, October 30, 2007

The Urban Redevelopment Authority (URA) is putting up a hospital site at Novena Terrace in Irrawaddy Road for sale by public tender, to help meet rising demand for healthcare services.

Novena is fast establishing itself as a distinctive medical zone, with a number of leading medical institutions, including Tan Tock Seng Hospital.

The 1.7-ha site has a maximum permissible gross floor area of about 72,350 sq m.

The URA says the site provides the opportunity for a world-class hospital development.

The medical tourism industry here has been growing at 20 per cent a year.