URA launches site in Woodlands Regional Centre for tender
90% of maximum GFA for the site must be for offices
Kalpana Rashiwala
[SINGAPORE] The first predominantly office project in the Woodlands Regional Centre is set to sprout on a 99-year leasehold site next to Causeway Point.
At least 90 per cent or 629,602 sq ft of the 699,557 sq ft maximum gross floor area (GFA) for the site must be for offices. A further minimum 5,382 sq ft must be set aside for childcare centre use. The rest of the GFA can be for additional office or other complementary commercial uses such as retail, food and beverage and/or entertainment. Residential use is not allowed.
For the office component, strata subdivision is allowed which should increase the site's attraction to potential bidders keen on selling strata office units. All the non-office uses (including the childcare centre) have to be held under a single strata lot and owned by a single entity. The tender will close on April 8.
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