The Urban Redevelopment Authority (URA) has released the detailed sales conditions for the hotel site at East Coast Road today.
The land parcel at East Coast Road is made available for application under the Reserve List of the 1st half 2012 Government Land Sales (GLS) Programme.
The land parcel is prominently located at the junction of East Coast Road and Joo Chiat Road, an area lined with conserved shophouses with many eateries and shops. The future hotel development will add to the vibrancy of this conservation area which comprises an interesting mix of old-and-new developments.
With a land area of 0.8 ha, the hotel site is expected to generate a gross floor area of about 24,716 m2. The land parcel contains the historically and architecturally significant former Joo Chiat Police Station, which is to be conserved and restored as part of the hotel development. Built in 1920s, with a high pitched roof, the symmetrical low-rise building has a prominent frontage onto East Coast Road. It is well proportioned with key facades sensitively composed. The inclusion of this stately building within the site will add a unique charm to the future hotel development.
A tender period of about 6-8 weeks will be allowed before tender closes.