JTC Corporation on Wednesday launched the sale of three industrial land parcels for public tender. The sites are located at Woodlands Avenue 10 and Tuas South Street 8. Measuring 1.07 hectares, the plot off Woodlands Avenue 10 has a lease term of 30 years and a maximum permissible gross plot ratio of 2.5. Tan Boon Leong, executive director for industrial services at Colliers International said the site...
Singapore Industrial
The Urban Redevelopment Authority (URA) has awarded the tender for the industrial site at Yishun Avenue 9 (Parcel 6) to Soilbuild Group Holdings Ltd. The company submitted the highest bid in the tender for the site at $31.688 million. Tender for the industrial site was launched on 29 August 2012 and closed on 26 September 2012. The land parcel was offered for sale on a 30-year lease term....
Leading industrial landlord JTC Corp is launching three sites for sale by tender today under the Confirmed List of the Industrial Government Land Sales (IGLS) programme. The largest plot, at Serangoon North Ave 5, is zoned for Business 1 development and has a 30-year lease. It sits on about 0.75 ha and has a maximum permissible gross plot ratio of 2.5. The other two sites at Tuas South St 8, have shorter...
The Urban Redevelopment Authority's (URA) Price Index for industrial properties is expected to register an increase of about eight per cent in the third quarter. This is according to analysts ahead of flash estimates to be released by the URA on Monday. While price increases are set to moderate, there are concerns that the uptrend in industrial property prices may spur policy changes to cool the...
The Urban Redevelopment Authority (URA) closed the tender for the industrial site at Yishun Avenue 9 (Parcel 6) today. The site at Yishun Avenue 9 was launched for public tender on 29 August 2012. It was originally on the Reserve List of the Government Industrial Land Sales Programme. URA had, on 14 August 2012, accepted a successful application for the site to be put up for sale. The site was offered for...
Two industrial sites at Sunview Road and Tuas South Street 8 have been launched for public tender by JTC Corporation. Both sites have been slated for clean and light industrial uses only. The site at Tuas South Street 8 has a shorter tenure of 22 years. This is in line with the government's efforts to make industrial property more affordable. Still, some analysts believe the site will attract strong...
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...
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...