URA launches tender for Sims Avenue/Tanjong Katong Road site

The 20,694.7 sqm site will be for office, hotel and retail uses.

The land parcel at Sims Avenue/Tanjong Katong Road is located next to Paya Lebar Interchange MRT Station which serves the East-West and Circle MRT Lines.

At least 40% and 15% of the maximum permissible GFA (86,918 sqm) of the proposed development on the subject site must be set aside for office and hotel use respectively. The remaining GFA can be for additional office, hotel, retail, entertainment or food & beverage uses.

A tender period of about twelve weeks will be allowed for the land parcel at Sims Avenue/Tanjong Katong Road. The tender will close at 12 noon on 18 October 2011.

Selection of the successful tenderer will be based on the tendered land price only.