The Urban Redevelopment Authority (URA) closed the tender for the residential site at Pasir Ris Drive 3 today. The site at Pasir Ris Drive 3 was launched for sale by public tender on 16 April 2012. The site was offered for sale on a 99-year lease. The site area is of 22,317 m2 and the maximum permissible GFA is of 46,867 m2. A total of 5 bids were presented. The highest tenderer is Capital Development...
Urban Redevelopment Authority (URA)
The Urban Redevelopment Authority (URA) has released the detailed sales conditions for the hotel site at Jurong Town Hall Road today. This is the first hotel site to be made available for sale in the Jurong Lake District. The land parcel at Jurong Town Hall Road is made available for application under the Reserve List of the 1st half 2012 Government Land Sales (GLS) Programme. This first hotel site is...
Former head of civil service Peter Ho will take over as chairman of the Urban Redevelopment Authority on Sunday. He will take over from Mr Alan Chan, who will step down on Saturday when his term ends. Mr Ho is currently a senior advisor to the Centre for Strategic Futures and senior fellow at the Civil Service College. He retired from the Administrative Service in 2010 after 34 years, including 15 years...
Developers seeking to raise the plot ratios of properties will be subject to a new definition of the development baseline, used in the computation of the property development charge, from Jan 1. The amendment, announced in 2003, had been deferred to allow the industry to adjust to the change, the Urban Redevelopment Authority said yesterday. “Basically we want to have a more equitable tax system,”...