The Urban Redevelopment Authority (URA) has released detailed sales conditions for a reserve site at Short Street for hotel development. The site, located within the Bras Basah and Bugis district, is one of two new hotel sites scheduled for release for application under the reserve list of the Government Land Sales programme for the second half this year. Developers interested in purchasing the site can...
Government Land Sales
According to Finance Minister Tharman Shanmugaratnam, the Government Land Sales policy has been a responsible one that is also market-led. The minister made this comment in Parliament on Wednesday in response to questions raised during the Budget debate. He added that the government is doing the right things to sustain Singapore's competitiveness. The Government Land Sales programme came under the...