Tag Archives: Singapore Industrial

Factory cluster, aviation centre to rise at Seletar

Posted on 24 Aug 2009 | Comments Off

A CLUSTER of factories and a $14 million, seven-storey building will be erected at the Seletar Aerospace park to house companies now operating mainly out of old hangars.

The new facilities will be ready by 2011.

As part of the development of the area, JTC Corp is also planning to build what it calls a ‘general aviation centre’ for private jet operators and flying clubs at Seletar Camp.

Its director for the aerospace sector, Ms Tang Wai Yee, said during a media briefing on Friday that a 2.6ha site had been earmarked for the purpose.

The plan is for affected companies, such as Executive Jets Asia, Flying Doctors Asia and the Republic of Singapore Flying Club, to share Continue reading →

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Tagged Seletar Aerospace Park, Singapore Industrial

Kaki Bukit industrial site sold for S$12.1m to Kng Development

Posted on 17 Aug 2009 | Comments Off

An industrial site at Kaki Bukit which attracted a record number of bids has been sold to highest bidder, Kng Development Pte Ltd, for S$12.1 million.

The 115,342 square foot plot in Kaki Bukit Road 2 was launched for public tender on July 14, after an application bid of S$5 million was submitted.

Eighteen offers were made by the end of the bidding period – the most ever received for an industrial site.

The site, which has a 30-year lease, is zoned as a Business 2 development which allows clean, light and general industrial uses.

Analysts said sites for such uses in the Kaki Bukit area are rarer as they are usually found in Tuas or Changi.

Source : Channel NewsAsia – 17 Aug 2009