30 Apr '14, 6am

Three industrial sites put up for sale, Singapore Property News, Singapore Property Guides

Three industrial sites put up for sale, Singapore Property News, Singapore Property Guides

TO provide more options for industrialists, the government has put up two sites at Tuas and one site at Woodlands for sale under the first half of its Industrial Government Land Sales (IGLS) programme. The 3.9-ha site at Woodlands Ave 12 released by the Urban Redevelopment Authority has a 30-year tenure and a maximum permissible gross plot ratio of 2.5. It is zoned for industrial (Business 1) with an integrated Heavy Vehicle Park (HPV. The uses allowed under "Business 1" zoning include clean and light industries. Separately, JTC launched two Tuas sites for B2 industrial uses, which include clean and light industries as well as general industrial use. The 8,922-sq-m site at Tuas Avenue 11 has a lease of 30 years and a maximum permissible gross plot ratio of 1.4. The other plot at Tuas South Street 11 (Plot 39) - triggered from the Reserve List with a $6 million bid - has a ...

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

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