The Jiak Kim St site is located close to Robertson Quay and the Singapore River

Image by By Erwin Soo from Singapore, Singapore (Grand Copthorne Hotel, Singapore River) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Former Zouk Site At Jiak Kim St To Be Put Up For Sale

A plot of land at Jiak Kim St that used to be the site of popular nightspot Zouk has been triggered for sale after a developer committed to a bid price of at least $689.4 million.

The 145,119 sq ft mixed development site (residential with 1st storey commercial use), with a permissible gross floor area of 551,478 sq ft, can be redeveloped to house 525 apartment units in high-rise buildings of up to 36 levels.

The Urban Redevelopment Authority (URA) announced that the tender for the Jiak Kim St site will be launched in the next 2 to 3 weeks.

 

Read more here

Here are some other news on land sale tenders:

$1.6 Billion Bid For Beach Road Site

Residential Site at Woodleigh Awarded to Top Bidder