Thursday, October 4, 2012

Yishun industrial site tender awarded

Wednesday, Oct 03, 2012


The Urban Redevelopment Authority (URA) has awarded the tender for the industrial site at Yishun Avenue 9 (Parcel 6) to Soilbuild Group Holdings Ltd.

URA said in a media statement that the company submitted the highest bid in the tender for the site.

The industrial site is zoned for Business 1 development and has a site area of 11,719.9 sq m. It has a maximum gross plot ratio of 2.5. It has a tendered price of $31,688,000

The land parcel was offered for sale on a 30-year lease term. The tender was launched on August 29. It closed on Sept 26.

Martin Koh | 86666 944 | R020968Z
Sherry Tang | 9844 4400 | R020241C
Senior Sales Director
DTZ Debenham Tie Leung (SEA) Pte Ltd (L3006301G)

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