URA releases sales conditions for Woodlands industrial site

The Urban Redevelopment Authority (URA) has released detailed sales conditions for an industrial site at Woodlands Avenue 12.

URA said in a statement on Friday that the land parcel is released for sale under the Reserve List of the second half of this 2012’s Government Industrial Land Sales programme.

The 30-year leasehold plot has a site area of about 3.9 hectares and a maximum permissible gross plot ratio of 2.5.

URA said the site is to be developed for Business 1 use, such as for the light industry, clean industry, utilities or telecommunications.

Source : Channel NewsAsia – 28 Dec 2012

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