Source : Urban Redevelopment Authority (URA) News Release, 25 October 2007
The Urban Redevelopment Authority (URA) closed the tender for the hotel site at New Market Road / Merchant Road today.
The site at New Market Road / Merchant Road was launched for public tender on 2 August 2007 (http://www.ura.gov.sg/pr/text/2007/pr07-82.html). The site was offered for sale on a 99-year lease.
Please see Annex A for the particulars of the site and the details of the bids received.
This is not an announcement of tender award. A decision on the award of the tenders will be made after the bids have been evaluated. This will be publicised at a later date.
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For media enquiries, please contact:
Ms Melissa Lee
Manager Public Relations
DID: 6321 8248
Email: melissa_lee@ura.gov.sg
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