Wednesday, November 22, 2006

[RealEdge] CNA : Developers invited to apply to put Sin Ming reserve site up for tender

Singapore News
 
 

Developers invited to apply to put Sin Ming reserve site up for tender
Posted: 21 November 2006 1815 hrs

 
 
   
 

SINGAPORE: The Urban Redevelopment Authority is inviting developers to apply to put a reserve site at Sin Ming Lane up for tender.

The 5.13 hectare site is earmarked for industrial development.

It has a lease of 30 years with a maximum permissible gross plot ratio of 2.5.

An 8-storey building with about 128,000 square metres of maximum gross floor area can be built on the site.

Under the government's land sales system, a site on the Reserve List will only be put up for tender if it receives a minimum bid price that is acceptable to the government.

The site at Sin Ming Lane is one of the two new sites on the Reserve List of the Government Industrial Land Sale Programme for the second half of this year.

The other new industrial site on the Reserve List, located at Tuas Bay Drive and Tuas South Avenue 3, was released by URA in October. - CNA /dt

 

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// posted by Shajahan @ 1:29 PM


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