{"id":67720,"date":"2017-09-29T09:40:16","date_gmt":"2017-09-29T02:40:16","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-to-launch-tender-for-the-former-zouk-site\/"},"modified":"2017-09-29T10:03:11","modified_gmt":"2017-09-29T03:03:11","slug":"ura-to-launch-tender-for-the-former-zouk-site","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-to-launch-tender-for-the-former-zouk-site\/","title":{"rendered":"URA to launch tender for the former Zouk site"},"content":{"rendered":"


\nAerial view of the land parcel at Jiak Kim Street, which includes three conserved shophouses. (Photo: URA)
\nThe Urban Redevelopment Authority (URA) announced on Friday (29 September) that it has accepted an application from a developer to put up the former Zouk site at Jiak Kim Street in Robertson Quay for sale by public tender.
\nThe 1.35ha residential with 1st storey commercial site was first made available for sale on the reserve list in June.
\nAccording to the URA, the unnamed developer committed to bid a minimum price of $689,353,000 for the plot. As this is acceptable to the government, the site will be released for sale.
\nWith a maximum permissible gross floor area of about 551,478 sq ft, the site could yield 525 housing units.
\nOffered on a 99-year lease, the land parcel also includes three conserved warehouses that were built around 1919.
\nThe future Havelock and Great World MRT stations on the upcoming Thomson East Coast Line are located nearby.
\nThe URA will launch the public tender for the site in about two to three weeks. The tender period will be about six weeks. \u00a0
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, wrote this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…URA to launch tender for the former Zouk site<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Aerial view of the land parcel at Jiak Kim Street, which includes three conserved shophouses....<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-67720","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-hCg","jetpack-related-posts":[{"id":69544,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/former-zouk-site-up-for-sale-with-689-353mil-reserve-price\/","url_meta":{"origin":67720,"position":0},"title":"Former Zouk site up for sale with $689.353mil reserve price","date":"October 20, 2017","format":false,"excerpt":"\r Aerial view of the land parcel at Jiak Kim Street.(Photo: URA) The site previously occupied by iconic nightclub Zouk has been put up for sale, with a minimum bid price of $689.353 million. The tender for the 99-year leasehold site will close on 5 December, with tenders below $689.353\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73812,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ura-closed-tender-for-jiak-kim-street-and-fourth-avenue-sites\/","url_meta":{"origin":67720,"position":1},"title":"URA closed tender for Jiak Kim Street and Fourth Avenue sites","date":"December 6, 2017","format":false,"excerpt":"\r View of the land parcel at Jiak Kim Street. (Photo: URA Map) Two residential plots in Jiak Kim Street and Fourth Avenue attracted a total of 17 bids with the combined top bid amounting to nearly $1.51 billion, after the Urban Redevelopment Authority (URA) closed the tender for both\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70127,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/news-roundup-october-2017\/","url_meta":{"origin":67720,"position":2},"title":"News Roundup (October 2017)","date":"October 26, 2017","format":false,"excerpt":"\r Our top Singapore property stories. Faster and easier HDB resale process by 2018 The Housing Board plans to launch a new website that will significantly expedite the selling and buying of HDB resale flats. 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