Thursday, April 5, 2007

Site above Farrer Park MRT can be developed into hospital

A new private hospital could be coming up in the Little India area.

The Urban Redevelopment Authority (URA) has given the go-ahead for a reserve site above the Farrer Park MRT station to be developed into a hospital.

The land parcel, spanning about 1.4 hectares, is located at the corner of Race Course and Rangoon Roads.

Part of the site can house a 20-storey building.

A minimum of 40 percent of the maximum gross floor area has to be allocated for hotel use.

The remaining area can be used for a hospital.

The 99-year leasehold parcel is zoned as a so-called “white site”.

This means it can be developed for commercial, residential, hotel, civic or any mix of uses at any time.

URA said the decision to allow the site for hospital use is in line with increased interest in hospital development.

Other sites that have also been made available for hospital use are sites in Novena and One-north.

The site has been made available on the reserve list since August under the Government Land Sales Programme for the second half of 2006.

Under the Reserve List system, a site will only be put up for tender if there is a minimum bid price that is acceptable to the government.

Source: Channel NewsAsia

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