Business @ AsiaOne

1st Lake District site on sale

Property experts expect muted response in light of downturn.
Jessica Cheam

Fri, Nov 28, 2008
The Straits Times

 

THE transformation of Jurong into Singapore's Lake District of the West was set in motion on Friday as the Government released sales details of its first site for tender.

Up for grabs is a 1.9 ha white site, attractively located next to Jurong East MRT Station, with 30 per cent of gross floor area (GFA) for office use.

The remainder of the maximum GFA of roughly 1.15 million sq ft can be used for commercial, hotel or residential, said the Urban Redevelopment Authority (URA) on Friday.

 

 


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