Industrial site at Yishun Ave 9 gets $31.7m for top bid

Soilbuild Group is the highest bidder upon closing of tender.

In a release, the Urban Redevelopment Authority (URA) closed the tender for the industrial site at Yishun Avenue 9 (Parcel 6) today.

The site at Yishun Avenue 9 (Parcel 6) was launched for public tender on 29 August 2012. It was originally on the Reserve List of the Government Industrial Land Sales Programme.

URA had, on 14 August 2012, accepted a successful application for the site to be put up for sale. The site was offered for sale on a 30-year lease term.

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