URA calls up for a hotel site at Gopeng
The URA or urban redevelopment authority had just assumed an application form from one of the best developers of the state at Gopeng Street for a hotel construction for the purpose of promotion of sale through public tender.
Reserve List system was used on 2008, 21st February to go for making land parcel available.
URA has alleged that bidding has gone in the land parcel for a price of more or less than $94.05 million.
The land parcel is situated in the area of Tanjong pagar, which is a centre of several edifices serving the tourists and community in the best way.
The hotel site is located in an area of 2311 square meters, and can function on a maximum allowed floor area of around 19416 meter squares. The building height can go up to 30 storeys with a lease period of 99 years.
URA has announced to launch the tender for the site within two weeks and later announce the correct date. The maximum tender period for land parcel is around eight weeks or nearly two months.
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