SLA identifies 6 state properties to be tenanted out for office use05 February 2007 1928 hrs (SST) 1128 hrs (GMT)
SINGAPORE: The Singapore Land Authority (SLA) has identified six state properties to be tenanted out solely for office use, in the first half of this year.
SLA says the move is line with the government's recent initiative to make more office space available to meet the needs of financial institutions and other business services.
This is the first time that SLA is letting out state properties solely for office use.
The total estimated gross floor area to be let out is about 43,000 square metres.
Of the six properties, three are located within the Central Business District.
Most are former institutional buildings that were last used as government offices or former schools.
They come with a range of allowable tenures from three to nine years.
The six state properties in the pipeline are:
a) 195 Pearl's Hill Terrace, former Police HQ b) 18 Pearls' Hill Terrace, former training centre
c) 150 Cantonment Road, former Corrupt Practices Investigation Bureau (CPIB)
d) 341 River Valley Road, former River Valley Primary School
e) 1801 Upper Changi Road North, former CAAS Office
f) 991 Alexandra Road, former ITE Pasir Panjang
- CNA/so
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