Industrial site at Sims Drive/Aljunied Road up for sale
The tender will close at 12 noon on 10 April 2012, so be quick.
According to a release, the Urban Redevelopment Authority (URA) has launched the industrial site at Sims Drive / Aljunied Road for sale by public tender.
This is the one of the 16 industrial sites to be released for sale under the Confirmed List of the 1st half 2012 Industrial Government Land Sales Programme, as announced by the Ministry of Trade and Industry on 29 December 2011. The industrial site at Serangoon North Avenue 4 was launched for sale by public tender on 31 January 2012 and the remaining 14 sites will be progressively released for sale in the 1st half of 2012.
Details of the Land Parcel
The land parcel at Sims Drive / Aljunied Road has a site area of about 0.63 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 60 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.
Tender for the industrial site at Sims Drive / Aljunied Road will close at 12 noon on 10 April 2012. Selection of the successful tenderer will be based on the tendered land price only.