Industrial site for tender

A DEVELOPER has committed to bid for an industrial site at Yishun Avenue 6 for at least $11.5 million, said the Urban Redevelopment Authority (URA), which will put up the parcel for public tender.

The 1.42ha plot with a 60-year lease period can be developed for a variety of uses under ‘Business 1’ zoning. These uses include clean and light industries and warehouse, said an URA statement on Tuesday.

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