The Urban Redevelopment Authority (URA) has released the detailed sales conditions for the commercial site at Beach Road today.
The land parcel at Beach Road is made available for application for sale under the Reserve List of the 2nd half 2014 Government Land Sales (GLS) Programme.
Land Parcel at Beach Road
The land parcel is located at the fringe of the Singapore city center and the intersection of two key development corridors along Beach Road and the Ophir-Rochor roads. Fronting Beach Road, Rochor Road and Nicoll Highway, the future development is envisaged to provide high quality office space with complementary uses that can meet the needs of financial and business services. This new development will also reinforce the area’s positioning as an attractive and vibrant mixed use precinct within the city centre.
Occupying a land area of 2 ha and having unobstructed frontages along the major roads, the future development on the land parcel can reach a height of 45 storeys and will have a gross floor area of about 88,000 sqm, of which about 70% will have to be set aside for office use.