23 Jun '14, 7am

Paya Lebar Central generating buzz, Singapore Property News, Singapore Property Guides & Articles - STProperty

The view from Singapore Post Centre overlooking the almost completed Paya Lebar Square. Interest in the area has perked up, especially as plans to develop it into a major commercial hub take shape. -- ST PHOTO: DESMOND WEE INTEREST in Paya Lebar Central is rising fast as plans to develop it into a major commercial hub take shape. Its location near the city centre and upcoming developments around it make it an attractive target for investors, analysts said. A new 3.98ha commercial site was put on the confirmed list of the Government Land Sales programme for the second half of the year just last week. A new building, able to accommodate up to 132,000 sq m of gross floor area, could comprise a mix of office, retail and hotel components, experts said. It will have direct links to transport nodes at the Paya Lebar interchange and MRT station, where the Circle and East-West line...

Full article: http://www.stproperty.sg/articles-property/singapore-prop...

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