URA Releases Two Singapore Industrial Sites under Reserve List
by Jared Heng
Singapore’s Urban Redevelopment Authority (URA) Wednesday released the detailed sales conditions for two industrial sites (land parcels 5 and 6) at Yishun Avenue 9.
Both land parcels are made available for application under the Reserve List of the Industrial Government Land Sales Programme for this year’s second half.
Developers interested in purchasing the sites can now apply to URA for them to be put up for tender.
Land parcels 5 and 6 have a site area of about 2 hectares and 1.2 hectares respectively.
Each has a 60-year lease period and a maximum permissible gross plot ratio of 2.5.
Both sites are zoned for ‘Business 1’ use, which means they can be developed for various purposes such as light industry, clean industry, utilities or telecommunication.