06 Oct '11, 4am
(ST) URA launches tender for industrial site at Soon Lee Street
The Urban Redevelopment Authority (URA) has launched the industrial site at Soon Lee Street for sale by public tender on Thursday. The 1.96ha land parcel has a lease period of 30 years and a maximum permissible gross plot ratio of 2.0. It can be developed for light industry, general industry, warehousing, utilities or telecommunication uses, as permitted under the Planning Act. This is the last industrial site to be released for sale under the Confirmed List of the Second Half 2011 Industrial Government Land Sales Programme. The other two industrial sites at Kaki Bukit Road 4 and Lavender Street / Kallang Avenue were launched for sale by public tender in August 2011. The tender will close at 12pm on Nov 29.