1 The Singapore Land Authority (SLA) will put up two State properties for office use on Thursday, 8 March. The former office occupied by the Civil Aviation Authority of Singapore (CAAS) at 1801 Upper Changi Road North and the former River Valley Primary School at 341 River Valley Road, are the latest properties put up for tender for office use.

2 Last month, as part of the Government’s recent initiative to make available more office space to meet the needs of financial institutions and other business services, SLA had, for the first time, announced that six State properties had been identified for office use, with the former Singapore Police Force headquarters at 195 Pearl’s Hill Terrace leading the pack in a tender, of which SLA is now evaluating a bid.

1801 Upper Changi Road North

3 This property has an estimated land area of about 1456 sqm and a GFA of 1027 sqm. The property comprises 1 block of 2-storey building. The tenancy is for an initial term of 3 years and is renewable on terms up to 2012. Please see Annex A for details and photo of the property. The tender will close on 30 March.

341 River Valley Road

4 341 River Valley Road is located within the Central Business District (CBD) area. It has an estimated land area of about 17,590 sqm, which is roughly equivalent to the size of two football fields. The GFA is 4,390 sqm. The property comprises 1 block of 1-storey building and 2 blocks of 3-storey building with 2-storey wings, 1-storey canteen and substation. The tenancy is for an initial term of 3 years and is renewable on terms up to 2013. Please see Annex B for details and photo of the property. The tender will close on 30 March.

5 SLA will assess the market response and take-up rate for these properties before deciding whether more properties dedicated solely to office use should be released in the second half of the year. The total estimated gross floor area (GFA) to be let out is about 43,000 square metres (sqm) for the first half of 2007.

6 SLA’s Director of Land Operations, Mr Simon Ong, said: “The former school is the first school to be adapted for dedicated office space to ease the shortage of office space, and it could well pave the way for more of such properties to be used for office space. As for the former Changi CAAS office, it is spacious and can attract aviation businesses and office users for non-CBD areas.”

7 For more information on the tenders, please visit SLA’s State Property and Information Online (SPIO) web portal (http://www.spio.sla.gov.sg), or call the SPIO hotline at 6323 9154. The tender documents are available on www.gebiz.gov.sg. Tender applications may be deposited at Singapore Land Authority, 8 Shenton Way, #26-01 Temasek Tower, Singapore 068811.

Issued by:
Singapore Land Authority (SLA)
7 March 2007

Attachment
Annex A: Details and photograph of 1801 Upper Changi Road North
Annex B: Details and photograph of 341 River Valley Road

Additional Information

State properties made available for dedicated office use for 1H07
The six State properties are:

195 Pearl’s Hill Terrace, former Police HQ
18 Pearls’ Hill Terrace, a former training centre
150 Cantonment Road, former Corrupt Practices Investigation Bureau (CPIB) building
341 River Valley Road, former River Valley Primary School
1801 Upper Changi Road North, former CAAS Office
991 Alexandra Road, former ITE Pasir Panjang

About SLA

The Singapore Land Authority (SLA) is a statutory board with the Ministry of Law. Its mission is to optimise land resources for the economic and social development of Singapore. SLA is responsible for the direct management of some 14,000 hectares of State land and about 5,000 buildings. It is also in charge of land sales, leases, acquisitions and allocation, developing and marketing land-related information, and maintaining the national land information database through digitised land information services. SLA is also the national land registration authority for property transactions, and the issuance and guarantee of land titles in Singapore. It also manages and maintains the national land survey system, including the defining of boundaries or legal limits of properties based on a coordinated cadastre survey system. Please visit www.sla.gov.sg for more information.