School In East Available For Short-Term Office Use

Source : The Straits Times, Oct 19, 2007

SINGAPORE Land Authority (SLA) has put up a former school in the east for short-term office use.

The tender for the former Upper Aljunied Technical School at 102 Upper Aljunied Road opens on Friday, the SLA said in a statement.

'These properties may command more competitive bids than the central locations, because they are spacious with attractive amenities and in choice locations within matured housing estates,' SLA's Assistant Chief Executive of the Land Operations Group Simon Ong said.

Sitting on a land area of more than two football fields, or about 19,704 sq m, the site has five blocks of between one and four storeys, and has a Gross Floor Area of 7,722 sq m.

Tenancy is renewable up to 2012.

SLA said property and leasing companies have expressed interest in taking up the site.

'Rental hikes in the office market have prompted more firms to consider cheaper locations further from town. SLA will identify more of such non-CBD and suburban sites for the market,' Mr Ong said.