Hotel site in Kallang up for tender
It has already drawn interest from a developer who is prepared to put in a bid of S$51 milllion. -ST
Thu, Aug 14, 2008
AsiaOne
THE Urban Redevelopment Authority (URA) on Thursday launched a hotel site at Kallang Road and Jellicoe Road for sale by public tender.
The land parcel, which is on the URA reserve list, has already drawn interest from a developer who is prepared to put in a bid of S$51 milllion.
The 0.42 ha site, with a maximum permissible gross floor area of about 18,986 sq m, is zoned for hotel development.
For the full story, visit straitstimes.com