The Urban Redevelopment Authority (URA) launched a land parcel in Woodlands Regional Centre for sale by public tender today. This is the first sale site in the Woodlands Regional Centre since the detailed plans were announced as part of the Draft Master Plan 2013 on 20 Nov 2013.
Envisioned as the Northern Gateway to Singapore, Woodlands Regional Centre will be transformed into a vibrant live-work-play precinct. It will have a bustling commercial centre, with a mix of office, retail and attractive public spaces. Woodlands Regional Centre consists of two distinctive districts – Woodlands Central and Woodlands North Coast.
With about 100 hectares of land available for development, Woodlands Regional Centre can potentially yield 700,000 sqm of commercial floor space. This will anchor it as the key commercial cluster in the northern part of Singapore and an attractive business hub for companies that do not need a Central Business District location. When fully developed over the next 10 to 15 years, the regional centre will also bring some 100,000 new jobs closer to homes, reducing commuting time for Singaporeans and easing traffic congestion during peak hours. An aerial photograph of the Woodlands Regional Centre is provided in Annex 1. A fly-through video of the regional centre can be viewed here.
The land parcel at Woodlands Square is strategically located in the heart of Woodlands Central. It is within walking distance from the Woodlands MRT Station which will serve as an interchange between the North-South Line and future Thomson Line.
Existing developments in this district include the Woodlands Civic Centre and Causeway Point where amenities such as retail, food and beverage and entertainment uses are easily accessible.
In line with the plan for Woodlands Regional Centre to be developed as a major employment centre in the north of Singapore, the proposed development on the sale site will have at least 90% or 58,492 sqm of total GFA dedicated for office use. The remaining GFA can be set aside for complementary uses such as childcare centre, retail and food and beverage uses. An extensive pedestrian network has also been planned to connect the sale site seamlessly to Causeway Point, the Woodlands Civic Centre, the existing MRT station and bus interchange, and the future Thomson Line MRT station in the vicinity.
Details of the sale site and the location plan are provided in Annex 2 and Annex 3 respectively. More details of the site are available on the URA website: http://www.ura.gov.sg/uol/land-sales-repository/sites/wlds-sq-cl.aspx
A tender period of about sixteen (16) weeks will be allowed for the sale site at Woodlands Square. The tender will close at 12 noon on 8 April 2014. Selection of the successful tenderer will be based on the tendered land price only.
Developer’s packets containing details of this site and conditions of tender are available at $107 each (inclusive of GST). These can be purchased from the Customer Service Counter on the 1st storey of The URA Centre, 45 Maxwell Road, Singapore 069118.
The developer’s packets can also be purchased via URA-Online (delivery charges applicable) at http://www.ura.gov.sg/LspWeb/.