26 Mar '13, 10am

Lam Soon Industrial Building relaunched for collective sale

http://www.businesstimes.com.sg/arch...-sale-20130319 Published March 19, 2013 Lam Soon Industrial Building relaunched for collective sale By nathaniel chew LAM Soon Industrial Building, sitting on a freehold residential site in Hillview Avenue, has been relaunched for collective sale by Colliers International. The 10-storey building comprises 154 warehouses and light industrial factories. The site measures 230,915 sq ft and has a gross plot ratio of 1.92. Tang Wei Leng, executive director of investment services at Colliers International, said the site can be redeveloped into a 10-storey residential building comprising 403 units of 1,100 sq ft each. Notwithstanding its current function as an industrial site, the plot is zoned for residential use, and is surrounded by residential developments such as Hillington Green, Hillview Green, HillVista, and The Lanai. Ms Tang said: ...

Full article: http://forums.condosingapore.com/showthread.php?p=383753#...

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