URA releases Pioneer Rd sales conditions

The Urban Redevelopment Authority (URA) has released on Friday the detailed sales conditions for an industrial site located at Pioneer Road North.

It has a site area of about 1.7 hectares and a maximum permissible gross plot ratio of 2.0 with a lease period of 30 years.

Zoned for Business 2 development, the site can be developed for various uses such as light industry, general industry, warehousing, utilities, or telecommunication uses.

This is the first of the four new industrial sites to be released for sale under the Reserve List of the first half 2011 Industrial Government Land Sales Programme.

The other three industrial sites are at Woodlands Avenue 12, Gambas Avenue and Kaki Bukit Road 4.

They will be released for sale in March and June this year.

Source : Channel NewsAsia – 25 Feb 2011

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