China Square Food Centre set to be redeveloped into hotel; more homes to be built in the CBD, Kallang and River Valley
[SINGAPORE] A site along Cross Street in the Central Business District has been earmarked for redevelopment for residential use, according to the Urban Redevelopment Authority (URA).
The land parcel is being proposed for residential with commercial at first storey use, with a gross plot ratio of 6.3. The empty field located at Telok Ayer MRT station previously housed the Market Street Interim Hawker Centre.
“The proposed amendments are to facilitate a future residential development, as part of plans to introduce more accommodation options near key amenities and transport nodes in the Central Business District (CBD),” URA said on Apr 24.
TRENDING NOW
Think twice about rebuilding that old landed property into a super-big house to max out GFA
SpaceX’s US$1.75 trillion IPO: How retail investors, including those in Singapore, can buy shares
Battle for Asia’s ultra-rich: ‘Singapore can’t afford to keep losing clients to Dubai, Hong Kong’
Tech rout sweeps Asia as AI rally jitters spark sell-off