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Commercial Property

Staff Reporter

, Singapore

Published:

12 years ago

URA launches tender for Soon Lee Street site

The 19,618.7 sqm land parcel, with a lease period of 30 years, is to be developed for Business 2 uses.

Under the Business 2 zoning, it can be developed for various uses such as light industry, general industry, warehousing, utilities, or telecommunication uses, as permitted under the Planning Act.

The site at Soon Lee Street has a maximum permissible gross plot ratio of 2.0. It is the last industrial site to be released for sale under the Confirmed List of the 2nd half 2011 Industrial Government Land Sales Programme, as announced by the Ministry of Trade and Industry on 30 June 2011.

The Urban Redevelopment Authority said the other two industrial sites, namely at Kaki Bukit Road 4 and Lavender Street / Kallang Avenue, have already been launched for sale by public tender in August 2011.

The tender for the Confirmed List site at Soon Lee Street will close at 12 noon on 29 November 2011.

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