20 Jun '14, 1am

Gov't launches 15 Industrial sites - Commercial #Property #Singapore #realestate

Gov't launches 15 Industrial sites - Commercial #Property #Singapore #realestate

Jun 18, 2014 - CommercialGuru.com.sg E-mail to friend Bookmark & Share In a bid to meet the potential demand for industrial land in Singapore, the Ministry of Trade and Industry today launched nine sites under the Confirmed List and six sites in the Reserve List, offering a total site area of 18.87ha on the second half of 2014 Industrial Government Land Sales Programme (IGLS). The Confirmed List comprises six sites located at Tuas, two sites in Tampines and a site on Penjuru Road, which is targeted for multiple-user development. The site will have a shorter tenure of 20 years which, according to the ministry, will “meet the needs of industrialists for multiple-user development at affordable prices.” Meanwhile, the Reserve List includes five sites at Tuas South and a site on Tampines Road. Sites under the Confirmed List are to go for public tender regardless of interests fr...

Full article: http://www.commercialguru.com.sg/property-management-news...

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