URA releases Woodlands industrial site for sale

URA releases Woodlands industrial site for sale

SINGAPORE - The Urban Redevelopment Authority (URA) has released the detailed sales conditions for the industrial site at Woodlands Ave 12 today.

This is one of the industrial sites released for sale under the Reserve List of the 2nd half 2012 Government Industrial Land Sales Programme, as announced by the Ministry of Trade and Industry on June 11 this year. Developers interested in purchasing the site can now apply to URA for it to be put up for tender.

The land parcel at Woodlands Ave 12 has a site area of about 39,229.1 sq m and is to be developed for Business 1 uses with a maximum permissible gross plot ratio of 2.5 and a lease period of 30 years.

Under the Business 1 zoning, the site can be developed for various uses such as light industry, clean industry, utilities or telecommunication uses, as permitted under the Planning Act.

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