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Tan Quee Lan Street site expected to grab developers' attention

Analysts expect 10 to 12 bids for the site located right in the heart of Bugis, an area in the midst of rejuvenation and next to Bugis MRT station

Singapore

THE Urban Redevelopment Authority (URA) has launched the tender of a site on Tan Quee Lan Street under the Confirmed List of the first half 2019 Government Land Sales (GLS) programme which is expected to attract keen interest from developers owing to its location.

The 99-year leasehold site sits on an area of 11,530.9 square metres and has a maximum gross floor area (GFA) of 48,430 sq m. It can potentially yield up to 580 residential units while a maximum of 2,000 sq m of the total GFA can...

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