Hotel site at Rangoon Road on reserve list

The Urban Redevelopment Authority (URA) on Wednesday released the detailed sales conditions for the land parcel at Rangoon Road/Farrer Park Station Road.

The hotel site is part of the Reserve List of the Government Land Sales (GLS) Programme for the second half of 2011.

Measuring 0.3 hectare, the site can generate a gross floor area of about 13,004 sq m.

The land parcel is above the Farrer Park MRT Station and a future hotel development can have easy access to the city area, URA said in a news release. The site is also within the Little India district.

Under the government’s Reserve List system, the site will be put up for tender if the criteria for triggering the sale are met. The tender period will be around four weeks.

Source : Channel NewsAsia – 16 Nov 2011

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