URA launches tender for 12 ha mixed-use site in Paya Lebar Central

Total potential commercial floor space at about 500,000 sqm.

The Urban Redevelopment Authority (URA) launched the second land parcel in Paya Lebar Central for sale by public tender today. This mixed-use site, which comprises office, retail and residential uses, can generate about 165,000 sqm of gross floor area (GFA) and will be a key development in the Paya Lebar Central

As part of URA’s decentralisation strategy, commercial clusters outside the city centre are created to provide job opportunities closer to homes, and reduce congestion and travelling times to and from the city centre.

Located at the fringe of the city centre, Paya Lebar Central is envisaged to be a bustling commercial centre with a mix of office, retail and residential developments and attractive public spaces. The precinct has about 12 hectares (ha) of land available for development and a total potential commercial floor space of about 500,000 sqm. 

Here’s more from URA:

Paya Lebar Central will provide an attractive and accessible location for businesses that prefer to be located outside the Central Business District. The area is shaping up well with new developments such as Paya Lebar Square, One KM and the Workforce Development Agency’s Lifelong Learning Institute. 

Together with the Geylang Serai Market and the future Wisma Geylang Serai, the developments will enhance the Geylang Serai Precinct which has traditionally been a cultural and commercial hub for the Malay community.