Wee Hur awarded tender for Woodlands industrial site

The Urban Redevelopment Authority (URA) has awarded the tender for a 3.9 hectare industrial site at Woodlands Avenue 12 to Wee Hur Development.

Wee Hur submitted the highest bid of S$76.9 million for the site, which has a 30-year lease term and a maximum gross plot ratio of 2.5.

Source : Channel NewsAsia – 4 Jul 2014

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