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Singapore offers 5 industrial sites for sale

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C Corporation and the Urban Redevelopment Authority (URA) on Thursday said they have launched five sites at Tuas South and Gambas Crescent for sale under the confirmed list of the second-half 2013 Industrial Government Land Sales (IGLS) programme.

The three sites in the Tuas South area (Plots 20, 22 & 24) each has a tenure of 21 years and seven months and gross plot ratio of 1.0. They are zoned for Business-2 development.

The site at Gambas Crescent has a 30-year tenure and gross plot ratio of 2.5, and is zoned for Business-1 development.

Separately, another site at Gambas Crescent is released for application for sale under the reserve list of the same programme. It has a 30-year tenure and gross plot ratio of 2.5, and is zoned for Business-1 development.


Credit from BusinessTimes

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