Thursday, December 13, 2007

More Properties From SLA

Source : TODAY, Thursday, December 13, 2007

Three more properties have been put up for tender by the Singapore Land Authority (SLA) for office and other uses.

One site at Queensway is the former Alexandra fire station, which includes the former Singapore Civil Defence Camp. The tender will open this month for the two-storey building, with tenancy renewable up to 2015.

Another two-storey building is the office formerly occupied by the Civil Aviation Authority of Singapore at Upper Changi Road North. The tender for the two-year tenancy will open later this month.

The former Upper Aljunied Technical School offers a land area of five blocks, bigger than two football fields. The tenancy is renewable up to 2012 and the tender closes Dec 21.

Several properties were awarded solely for office use this month. The former Police Headquarters at Pearl's Hill went to Mr Tan Yong Boon, who put in a bid of $53,501 per month.

"We plan to sublet units to start-ups and those who were forced out of offices," he said.

A former office-cum-showroom at Sims Avenue was awarded at a monthly rental of $7,700, while the former Haig Boy's School at Mountbatten Road went for $139,003 to Ritzland Investment, which says it is likely to invest more than $2 million in refurbishments.

Visit www.spio.sla.gov.sg for more information.

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