URA Gives Go-Ahead For Three Hotels

Source : The Business Times, July 26, 2008

A number of residential projects also get the nod

A STRING of residential, commercial and industrial projects received provisional permission from the Urban Redevelopment Authority (URA) in the second quarter of this year.

URA also gave the nod in Q2 for the development of 110,790 sq metres of business park space.

Far East Organization unit China Classic received provisional permission to build a 384-room hotel at Cross Street, while Hotel Plaza got the nod for a 345-room hotel at Upper Pickering Street.

Resorts World at Sentosa got the go-ahead to build a hotel with 1,352 rooms as well as 45,090 sq m of retail space in the central zone of its integrated resort.

Residential projects that received URA's provisional permission in April-June this year include Frasers Centrepoint's 717-unit condo at Lakeside Drive in the Boon Lay area, Chip Eng Seng's 372-unit condo at Elias Road in Pasir Ris; and UOL/Peak Century's 643-unit condo at Simei Street 4. All these projects have 99-year leasehold tenure.

EC Prime Pte Ltd - controlled by Melvin Poh, Tan Koo Chuan and Saw Pik Kee - received approval to develop 228 apartments at Alexandra Road.

URA also gave the nod in Q2 for the development of 110,790 sq m of business park space in three new projects - to Soilbuild Group Holdings to develop a facility named Solaris at Ayer Rajah Avenue/Fusion Walk (42,780 sq m); to Lawrence Leow's Crescendas Bionix Pte Ltd to develop 41,200 sq m at Biopolis Phase 3; and to Ascendas for a project at Changi Business Park Crescent (26,810 sq m). Business park space can meet the office needs of some firms, for example, backroom operations, URA noted.

Provisional permission for multiple-user factories were also granted for projects at Commonwealth Drive and Jalan Tepong. Trio Link Development clinched approval for a 21,570 sq m industrial development at Playfair Road.

UOB Kay Hian Trading obtained URA's go-ahead for its transitional office development at Anthony/ Scotts roads (13,020 sq m).

URA also gave provisional permission to Ritzland Investment for 12,050 sq m of offices at Mountbatten Road.