ST : More hotel plots up for sale next year December 9, 2007
Posted by catherinefong63 in StraitsTimes.trackback
Dec 7, 2007
RESPONSE TO TOURIST BOOM
More hotel plots up for sale next year
TEN hotel sites will be made available next year to meet demand from the
fast-growing tourism sector.
Three are new sites in the Government’s land sales programme for next year,
while the others are carried over from last year’s programme, said the
Ministry of National Development yesterday.
One of the new sites is between Balestier Road and Ah Hood Road, near the
Sun Yat Sen Nanyang Memorial Hall. It had been put up for sale before but
there were no takers, so the Government enlarged the parcel to include a
park and an adjacent land plot.
The other two new sites are downtown. One is at the corner of Gopeng and
Peck Seah Streets, and can host 330 hotel rooms. The other is at the corner
of Clemenceau Avenue and Havelock Road, and can accommodate 260 rooms.
The Balestier Road site, which can hold 675 rooms, is on the confirmed list
and will be released in March. The only other hotel site on the confirmed
list is at the junction of Race Course and Bukit Timah Roads. It will be
launched for sale in February.
All the other hotel sites on sale, including the Gopeng Street and
Clemenceau Avenue plots, are on the reserve list. This means they will not
be launched for tender until a developer puts in an acceptable bid.
The other reserve list plots are at Victoria Street, New Bridge Road,
Kallang Road, Jalan Bukit Merah, Jalan Besar and Bernam Street.
Comments»
No comments yet — be the first.