News Releases

2 June 2009

URA releases first sale site at Kallang Riverside for hotel development today

The Urban Redevelopment Authority (URA) today released the detailed sales conditions for the first hotel sale site at Kallang Riverside.

The 0.74 ha Land Parcel located along Kallang River is made available on the Reserve List under the first half 2009 Government Land Sales Programme. Developers interested in purchasing the site can now apply to URA for it to be put up for tender.

Kallang Riverside – Life by the River’s Edge

Kallang Riverside is a waterfront district located just minutes from the Central Business District, the Bras Basah.Bugis arts and educational precinct and the Orchard Road premier shopping belt. The future Sports Hub, which will play host to a myriad of international sporting events throughout the year, is also located just a stone’s throw away from the Land Parcel. As part of the Greater Marina Bay district and an integral part of the city centre, Kallang Riverside is one of the key growth areas unveiled in the Master Plan 08. Please see aerial view of Kallang Riverside in Annex A-1.

The precinct will have a wide range of uses developed within a park and riverfront setting. With proposed prime condominiums and hotel developments along Kallang River, as well as a recreation, retail and entertainment cluster at the historic Kallang Airport, Kallang Riverside will be the new waterfront lifestyle precinct at the city’s edge.

First Sale Site in Kallang Riverside –Opportunity for a Distinctive Waterfront Hotel Development

This first sale site enjoys a prominent location along Kallang River and is envisaged to be a distinctive waterfront hotel development. With its direct frontage along the river, the development will be designed to be seamlessly integrated with the adjacent waterfront promenade and will bring new life and activities to the Kallang River.

With a site area of about 0.74 ha, the Land Parcel can generate a maximum permissible gross floor area of 20,917 sqm. Its proximity to the Central Business District and waterfront setting makes it ideal for a hotel development that can cater to business travellers and tourists alike. Complementary uses such as retail, food and beverage and other uses in the proposed hotel development will not only add to the diversity of amenities in the area, but will also benefit from the visitor catchment from the surrounding recreation, retail and entertainment clusters.

From the hotel, guests and visitors can gain easy access to the Central Business District via major arterial roads like Victoria Street and Nicoll Highway, and the Kallang MRT station, which is within walking distance from the proposed hotel development. The site is also in close proximity to expressways like the Kallang-Paya Lebar Expressway (KPE), Pan-Island Expressway (PIE) and East Coast Parkway (ECP), which provides good connectivity to various parts of Singapore and Changi International Airport

Details of the Land Parcel and location plan are given in Annex A-2 and A-3.

Design Advisory Panel

Given its prominent location, the design of the proposed landmark development will be reviewed by a Design Advisory Panel (DAP), chaired by URA, to ensure that the development is well-designed and of appropriate quality. The DAP will work with and guide the development team in the design of the development after the tender has been awarded.

Other Details

Details of the Land Parcel and other sites which are currently available for application on the Reserve List can be found on URA’s website: http://www.ura.gov.sg/sales/KallangRvr/MA/KRvr-intro(MA).html.

Under the Government’s Reserve List System, a site in the Reserve List will only be put up for tender if the developer’s indicated minimum bid price in his application is acceptable to the Government. When the site is put up for tender, a tender period of about 16 weeks will be allowed before tender closes.