URA has launched a F&B site at Punggol Point for sale by public tender on Dec 4. The 124,933 sq ft site has a maximum permissible gross floor area (GFA) of 32,292 sq ft, inclusive of an outdoor refreshment area. The maximum building height is two storeys and its lease period is 15 years.
Punggol Point has been envisioned as a rustic coastal recreation destination with activities and attractions to enhance its waterfront location.
The release of the site for an F&B development will complement existing and upcoming attractions in the area such as the horse-riding centre and the development of Coney Island as a regional park.
The tender for the site will close at noon on Feb 26, 2013. Selection of the successful bidder will be based on the tendered land price only.
This story first appeared in The Edge Singapore weekly edition of Dec 10-16, 2012.
TOP PICKS BY EDGEPROP
Petaling Jaya | New Invest Condo Beside University
Petaling Jaya, Selangor
Cyberjaya DUAL KEY CONDO FREE FURNISHED+RENOVATED
2.5 Storey Bungalow House Kg Kubu Gajah
Sungai Buloh, Selangor
Kota Damansara | Freehold Condo Walk To UNIVERISTY
Kota Damansara, Selangor
Mont Kiara | New Condo Below Market Price
Mont Kiara, Kuala Lumpur
Residence [email protected] [Foc Mot & Free Furniture]
Bandar Botanic/Bandar Bukit Tinggi, Selangor
Cyberjaya | Cash Back Up To 35K New Condo
Sunway @ New Dual Key Condo Walk To University
Bandar Sunway, Selangor
FULL LOAN Teres 2 Tingkat Desa Putra Sg Merab