URA releases sales conditions for Woodlands industrial site

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

It has a site area of about 1.9 hectares and a maximum permissible gross plot ratio of 2.5 with a lease period of 60 years.

Zoned for Business 1 development, the site can be developed for various uses such as light industry, clean industry, utilities, or telecommunication uses.

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

The other two industrial sites are at Gambas Avenue and Kaki Bukit Road 4.

They will be released for sale in June.

Source : Channel NewsAsia – 24 Mar 2011

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