The Urban Redevelopment Authority (URA) announced today that it has accepted an application from a developer to put up the industrial site at Yishun Avenue 9 (Parcel 6) for sale via public tender. The land parcel was made available for sale through the Reserve List system on 7 December 2011. URA has received an application from a developer for the site to be put up for public tender. The developer has...
Industrial
Real estate agency DTZ is inviting interested parties to participate in an expressions-of-interest exercise for an industrial property located at 745 Lorong 5 Toa Payoh. The four-storey light industry building has a 60-year tenure commencing January 19, 1970. It sits on a land area of 44,906 square feet, and has a gross floor area of 83,342 square feet. This site is zoned "Business 1" at plot ratio 2.5,...
JTC Corporation (JTC) on Tuesday launched for sale by public tender two plots of land at Tuas. The sites at Tuas South Street 6 and 7 are launched under the Industrial Government Land Sales (IGLS) Programme. They have been zoned Business-2, which means the sites can be used for industry and warehouse purposes. Plot 26 at Tuas South Street 7 measures 1.01 hectares, while Plot 31 at Tuas South Street 6...
JTC Corporation has awarded the tender for an industrial site at Tai Seng Link to OKH (Woodlands) Pte Ltd. The company is a subsidiary of property developer OKH Holdings. OKH (Woodlands) put in the top bid of S$23.3 million out of the four bids received for the site. That's about 28 per cent higher than the second bid of S$18.2 million submitted by Soilbuild Group Holdings. Spanning 4,336 square...
The debate over industrial property has been consistently grabbing the headlines in recent months. Earlier this month, a news report highlighted a gap in data for industrial property. Apparently, some transactions were not captured in the Urban Redevelopment Authority's Realis database due to incomplete information provided in the caveats lodged. As a result, they were not used in the compilation of...
Five industrial land sites at Mandai Link, Tuas South Street 7 and 8, and Plot 3 Tampines Industrial Crescent have been launched for public tender by JTC Corporation. In a statement on Friday, JTC said the 2.2 hectares (ha) Mandai Link site has a lease of 30 years and a maximum permissible gross plot ratio of 2.5. It is for Business-2 (B2) clean and light development. The three sites at Tuas South...
Two industrial sites located at Bukit Batok Street 23 and Yishun Avenue 9 have been launched for public tender. In a statement on Wednesday, the Urban Redevelopment Authority (URA) said the two 30-year lease sites are part of the 16 industrial sites announced for sale under the Confirmed List of the 1st half 2012 Industrial Government Land Sales Programme. The land at Bukit Batok Street 23 has a site...
JTC Corporation put up five plots of land for sale by public tender on Friday. Located at Tuas South Street 7, 8, and 9, these industrial sites range from 0.30 to 0.57 hectare (ha) in size. They each have a lease of 23 years and a maximum permissible gross plot ratio of 1.0. In a media statement, JTC said these smaller plots with shorter tenure are to help meet the needs of industrialists who prefer to...
The Urban Redevelopment Authority (URA) has closed the tender for the industrial site at Kaki Bukit Road 5 / Kaki Bukit Avenue 6. The tender for the industrial site attracted eight bids. According to the Urban Redevelopment Authority (URA), civil engineering firm Hock Lian Seng Holdings put in the top bid of S$27.3 million for the site. The other seven bids lodged range from S$14.0 million to S$26.6...
The Ministry of Trade and Industry (MTI) today launched its Industrial Government Land Sales (IGLS) Programme for the second half of 2012. To continue to meet potential demand for industrial land, there are 16 sites in the Confirmed List and 3 sites in the Reserve List, with a total site area of 23.72 ha. The proposed land quantum for the second half of 2012 is comparable to that of the first half of...