Singapore Property News

East Coast Hotel Site Sales

URA releases sales conditions for East Coast Road hotel site

SINGAPORE – The Urban Redevelopment Authority (URA) released today the detailed sales conditions for an East Coast Road hotel site. The land parcel is located at the junction of East Coast Road and Joo Chiat Road. The area is lined with conserved shophouses operating eateries and shops. The hotel site has land area of 0.8 ha and is expected to generate a gross floor area of about 24,716 sq m.

It also contains the former Joo Chiat Police Station, which will be conserved and restored as part of the hotel development. Under the Government’s Reserve List system, the land parcel at East Coast Road will be released for sale if the criteria for the triggering of the site is met. When the site is put up for tender, a tender period of about six to eight weeks will be allowed before tender closes. The land parcel at East Coast Road is made available for application under the Reserve List of the 1st half 2012 Government Land Sales (GLS) Programme.

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