Thursday, February 19, 2009

URA to auction parking sites at Old Toh Tuck Rd

(SINGAPORE) The Urban Redevelopment Authority (URA) said yesterday it will auction two sites at Old Toh Tuck Road to meet growing demand for heavy vehicle parking.

Trailers, buses and other vehicles with a maximum laden weight exceeding five tonnes will be allowed to park on the sites.

The bigger site, at 11 Old Toh Tuck Road, covers 10,844sqm, while the smaller site, at number 9, covers 9,765sqm.

The sites are being offered on 10-year leases.

The public auction takes place on March 17 at 2pm at the URA Centre's third-storey theatrette.

Developer's packets can be bought on line or at the URA Centre for $52.50.


Source: Business Times - 19 Feb 2009

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