Land Sales

Developers can start bidding for hotel site at Short Street

Developers interested in bidding for a 12,900 square foot or 0.12-hectare hotel site at Short Street can start putting in their tender. The Urban Redevelopment Authority (URA) launched an eight-week long public tender for the land parcel on Wednesday. This is after the urban planner received an application from a developer to bid for the government land site, which is located within the Bras Basah-Bugis...

URA to launch tender for Short Street hotel site

The Urban Redevelopment Authority (URA) is putting up a 0.12 hectare hotel site at Short Street for tender. This, after it received an application from a developer to bid for the land parcel, which is located within the Bras Basah-Bugis district. URA says the site can generate a maximum gross floor area of 4,077 square metres and is ideal for boutique hotel development. It adds that the bid received...

20 bids for former Mee Toh School site

The tender for the former Mee Toh School on No.375 Race Course Road has attracted an overwhelming 20 bids. The Singapore Land Authority (SLA) put the land up for tender under the "Ideas Tender Scheme" last month. Under the scheme, bidders are allowed to submit alternative bids for innovative uses for the property. The 20 bids were by 14 bidders and Cambridge Institute Pte Ltd had the highest bid of...

Private-run market, food centre at Sengkang

A PILOT project could see more privately-built and run markets and food centres in the heartlands, with Sengkang residents being the first to benefit. The latter can look forward to a new market and food centre come 2010. The Housing and Development Board (HDB) has launched a tender for a market and food centre development at Sengkang Square/Sengkang East Road. :This will be a standalone,...

Curtain to rise on Capitol, after all

FOR the past 10 years, this once-lovely icon has languished in disuse. Seven years and $1.51 million spent on feasibility studies, maintenance and reinstatement works led only to the eventual conclusion that the historic Capitol Theatre was "not viable" as a performing arts centre. So, it comes as some surprise that - in releasing a 1.46-hectare land parcel at the junction of Stamford Road and North...

URA puts up Stamford Road/North Bridge Road site for sale

Singapore's Urban Redevelopment Authority (URA) has put a 1.46-hectare site at Stamford Road/North Bridge Road for sale. It is available on the Reserve list of the Government Land Sales Programme for the second half of 2008. The land parcel occupies a prime location in the heart of the city, and is strategically situated along the commercial and mixed-use corridor at North Bridge Road. Retail, cultural...

Govt slams brakes on industrial land supply

THE Government has moved to apply the brakes on the industrial land sales programme. Following the move to curb supply of land for private homes and commercial space, the Ministry of Trade and Industry (MTI) said it would move the remaining site - at Tampines Industrial Ave 4 - on the confirmed list for this year to the reserve list, and suspend its confirmed list of sites for sale in the first half of...

A prudent breather to ward off glut

IT IS a “prudent” move to let the market catch its breath and adjust, say analysts. And in any case, the sites that will remain available for sale after the Government moved yesterday to further curb the supply of land for private homes and commercial space would probably get few takes. The Ministry of National Development (MND) announced it will not release any private residential sites outside...

No new sites added to land sales programme for first half of 2009

The Singapore government will not be adding any new sites to its land sale programme for the first half of next year. The National Development Ministry (MND) says this is because the global economic outlook remains weak in 2009. This is expected to have an impact on Singapore's economy and property market. MND released its list of land parcels available for sale in the first half of next year on...

SLA says demand for land to build schools remains healthy

The demand for land to build schools has remained healthy, with seven bids received for a piece of land at Upper Bukit Timah. The Singapore Land Authority (SLA) said that of the seven bids for the former Seh Chuan High School, four were fairly strong bids above the guide rent of S$73,100 per month. The highest bid was from Dimensions Commercial School Pte Ltd, and some of the other bidders were existing...

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