31 Jan '11, 10pm

AMK industrial site for sale under GLS

An industrial site at Ang Mo Kio Street 62 has been put up for sale by public tender by the Urban Redevelopment Authority (URA). It is one of the four industrial sites to be released for sale under the Confirmed List of the first half of the 2011 Government Industrial Land Sales Programme. The other three industrial sites on the Confirmed List are at Fusionopolis Link, Irving Place and Woodlands Avenue 12. The Ang Mo Kio parcel has a site area of about 2.8ha. It is marked to be developed for Business 1 uses, with a maximum permissible gross plot ratio of 2.5. The site is available for a lease period of 60 years, the URA said. Under the Business 1 zoning, the site can be developed for various uses such as light industry, clean industry, utilities or telecommunication uses. The URA said the tender would close by the end of March.

Full article: http://www.todayonline.com/Business/Businessinbrief/EDC11...

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