According to the manager, the proposed plan is intended to rejuvenate the precinct with an integrated development, and involves a potential rezoning and uplift in gross floor area which are subject to specific approvals from URA and other relevant authorities.
The manager of Far East Hospitality Trust (FEHT) has announced that it has received an outline advice from the Urban Redevelopment Authority (URA) in relation to the redevelopment of Central Square, which comprises a serviced residence and commercial spaces, including office and retail units.
The outline advice was issued under an incentive scheme in response to a joint outline application.

