Industrial site at Woodlands Ave 12 unveiled

The 3.9-ha is zoned Business 1.

According to a release, the Urban Redevelopment Authority (URA) has released the detailed sales conditions for the industrial site at Woodlands Ave 12.

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 11 June 2012. 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 3.9 ha 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.

Under the Government’s Reserve List system, the land parcel at Woodlands Ave 12 will be released for sale if the criteria for the triggering of the site are met. When the site is put up for tender, a tender period of about 4 to 6 weeks will be allowed before tender closes.

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