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Thread: URA releases hotel site at Race Course Road / Perumal Road on the reserve list

  1. #1
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    Default URA releases hotel site at Race Course Road / Perumal Road on the reserve list

    31 May 2011

    URA releases hotel site at Race Course Road / Perumal Road on the reserve list

    The Urban Redevelopment Authority (URA) has released the detailed sales conditions for the hotel site at Race Course Road / Perumal Road today.
    The land parcel at Race Course Road / Perumal Road is made available for application under the Reserve List of the 1st half 2011 Government Land Sales (GLS) Programme.

    Land Parcel at Race Course Road / Perumal Road

    With a land area of 0.38 ha, the hotel site can generate a maximum permissible gross floor area of about 13,500 sqm.
    The hotel site, next to the prominent Sri Srinivasa Perumal Temple, is located near to the Historic District of Little India, a popular tourist attraction which is rich with heritage and home to many old religious buildings. Conveniently located within walking distance to Farrer Park MRT Station, the future hotel development will also enjoy easy access to the Central Business District at Raffles Place and Marina Bay.

    Other Details

    Details of the land parcel and its location plan are given in Annex 1 and Annex 2. More details on the land parcel are available on URA website at http://www.ura.gov.sg/sales/RaceCourse/MA/RC-intro(MA).html.
    Under the Government’s Reserve List system, the land parcel at Race Course Road / Perumal Road will be released for sale if the criteria for the triggering of the site is met1. When the site is put up for tender, a tender period of about 4 weeks will be allowed before tender closes.

  2. #2
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    Hotel next to a temple.

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