
URA to launch first sale site in Jurong Lake District
Located next to the Jurong East MRT station, the district’s first sale site at Jurong Gateway Road has a land area of 1.9 ha and a potential gross floor area (GFA) of about 107,000 sqm of space.
The proposed development on the land parcel will have at least 30% of the total GFA for office use. The remaining GFA can be for additional office use or other uses permitted under the White site zoning such as commercial, hotel and residential uses.
The public tender for the land parcel will be launched in two weeks with a minimum bid price of S$350 million.
The site is within the Jurong Gateway of Jurong Lake District – the 360 ha development envisioned to provide an attractive location for commercial developments outside the city centre and a world class leisure destination by the lake.