URA launches tender for hotel site at Robertson Quay

The site enjoys direct access to the Singapore River promenade and is proximate to popular entertainment, food & beverage and lifestyle outlets.

The Urban Redevelopment Authority (URA) has launched the hotel site at Robertson Quay for sale via public tender on Thursday.

The land parcel was made available for sale through the Reserve List system on 22 April 2010. On 23 December 2010, URA announced that it had received an application from a developer to put up the land parcel for tender. The developer has committed to bid at a price of not less than $51,500,000 for the land parcel in the public tender.

Land Parcel at Robertson Quay
The hotel site is located within Robertson Quay, along the historic Singapore River, amidst a well-established hotel cluster comprising developments such as Studio M Hotel, Park Hotel Clarke Quay and The Gallery Hotel.

The site enjoys direct access to the Singapore River promenade. Many popular entertainment, food & beverage and lifestyle outlets along Robertson Quay, Clarke Quay, Boat Quay and Mohamed Sultan Road are seamlessly connected to this waterfront promenade and are within walking distance from this hotel site.

The site is also just a short drive away from the heart of the city’s business and financial centre in Raffles Place and Marina Bay, and popular tourist attractions such as Chinatown and Sentosa.

With a land area of about 0.45 ha, the hotel site can generate a maximum permissible gross floor area of 12,651 sqm.

The tender for the site will close at 12 noon on 8 March 2011.