Tuesday, August 19, 2008

URA Launches Tender For Office Site At Mohamed Sultan Rd

Source : The Business Times, August 19, 2008

Urban Redevelopment Authority on Tuesday launched the tender for a transitional office site in the pubbing hub of Mohamed Sultan Road.

The 15-year leasehold site has a site area of about 0.62 hectare and a maximum permissible gross floor area of about 9,200 square metres.

The potential office development on the plot is expected to be low rise, with about four storeys, that can be built quickly in about a year, URA said.

The site, with direct frontage along Mohamed Sultan Road, is located within the city centre and a short drive away from the business and financial hub at Raffles Place and Marina Bay. It is well connected to the rest of the island via major arterial roads like Clemenceau Avenue and the Central Expressway and the nearby Clarke Quay MRT station.

URA is offering the site through the confirmed list of the Government Land Sales Programme for second-half 2008.

The tender for the site will close on October 14, 2008.

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