The Urban Redevelopment Authority (URA) has awarded the tender for the hotel site at Kallang Road and Jellicoe Road to Citywide Land.
The company submitted the sole bid for the site at S$51 million.
The site has an area of 4,219.2 square metres and a maximum permissible gross floor area of 18,986 square metres.
URA said the site is conveniently located at the fringe of the city and situated above Lavender MRT Station.
It was offered for a lease period of 99 years.
Source : Channel NewsAsia – 13 Oct 2008