Tuesday, September 23, 2008

URA Office Site For Sale

Source : The Straits Times, Sep 23, 2008

A TRANSITIONAL office site, with direct frontage along Mountbatten Road, has been put up for sale by public tender on Tuesday.

The Urban Redevelopment Authority (URA) said the site is one of the three commercial sites to be sold through the confirmed list under the Government Land Sales Programme for the second half of this year.

The site is being tendered out for use as a transitional office building. It has a site area of about 1.17 ha and a maximum permissible gross floor area of about 11,739 sq m.

The site is sold on a short-term lease of 15 years. The office building on the site is expected to be a low-rise development of up to three storeys that can be built quickly in about a year.

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