Singapore URA gets $51m bid for hotel site
At Kallang and Jellicoe roads, the 45,451 sq ft site costs $249.6 psf ppr
By ARTHUR SIM
THE Urban Redevelopment Authority (URA) has received a committed bid of $51 million for a hotel site at Kallang and Jellicoe roads.
One property consultant is surprised the site was even triggered, given the state of the global economy and rising construction costs.
This works out to $249.6 per sq ft per plot ratio (psf ppr) for the 45,451 sq ft site, which is on ....
Singapore News, Singapore Property News, Singapore.. 
