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The former Pioneer Secondary School at 21 Jurong West Street 81 will be re-purposed for foreign system school (FSS) use.
This comes after the Singapore Land Authority (SLA) and the Economic Development Board (EDB) launched the tender for the site, with the aim of “inviting proposals from operators interested in providing more affordable foreign system education using suitable premises”.
SLA Deputy Director of Business Planning and Development Yap Eai-Sy noted that the conversion of a former school provides for cost efficiencies against the capital outlay needed in constructing a new building.
“In addition, we have also specified for a three-plus-three-plus-three year rental scheme, which reduces capital outlay for operators as opposed to a 30-year lease where the premium is payable upfront,” she added.
EDB human capital director Marcus Dass noted that foreign system schools help strengthen Singapore’s position as an attractive global city and home for business.
“While many existing foreign system schools in Singapore have been delivering high quality international education, there are requests for more affordable and diverse school options,” he said.
“Suitable premises without extensive facilities common in many existing international schools will allow operators the opportunity to provide quality international school education at a more affordable fee.”
The tender for the site opened on 18 April. Interested parties may visit http://www.sla.gov.sg/spio for more information on the tender.
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