Industrial Property Land Supply drop in 2021

 

Industrial Land

3.86ha of industrial land will be available for sale in the first half of 2021, down from 4.4ha in the previous six months.

The Industrial Government Land Sales (IGLS) program has three verified sites and three reserve sites, according to the Ministry of Trade and Industry (MTI) on Tuesday (Dec 22).

In the second part of this year, the same amount of confirmed and reserved list spots were available. The 4.4ha in site area for the period was down from 7.11ha in the first half of the year, with three confirmed sites and five reserve sites.
The three verified list locations are designated B2 for heavy industrial use for a 20-year period in the most recent announcement.

They are situated on Gul Avenue, Tampines North Drive 5, and Jalan Papan in Tampines, Singapore.

B2 also applies to the three reserve list locations. Two of the locations have been in operation for 30 years. They are located at Tampines North Drive 5 and Woodlands Industrial Park.

The remaining location on Jalan Papan has a 20-year lease.

Regardless of demand, confirmed list sites are released on time, while reserve list land is placed up for tender when a developer submits an acceptable bid to the government.

Soon Hock was Awarded Industrial Site at Woodlands Avenue 12

 

Polaris @ Woodlands Site

Soon Hock Investment Group was given the tender for industrial site over at Woodlands Avenue 12 by JTC for S$82 million.

The site's tender opened on December 26, 2018 and closed on February 13, 2019, with six bids received. The tender was activated, according to a previous article, by a committed bid price of not less than S$36 million.

The 30 year contract on the 20,937 square meter manufacturing property allows for a combined gross plot ratio of 2.5 hectares. The Site is zoned for Business 2 for heavier commercial use, and the project is expected to take 84 months to complete at Polaris @ Woodlands.

Under the second half of the 2018 Industrial Government Land Sales Programme, the land parcel was made eligible for application via the Reserve List scheme.

Polaris @ Woodlands Showflat Preview

 

Polaris @ Woodlands Showflat Preview

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Polaris @ Woodlands

Polaris @ Woodlands is a new B2 development development in District 25 that is located at 101 Woodlands Avenue 12. This development has a lot of potential because of its strategic position, which is close to both residential and other industrial projects.

Polaris at Woodlands, built from high-quality components, provides an incredible level of comfort while still providing the basic amenities needed in a working setting. Each floor level is built with a wide open room and high ceilings to allow for optimal freedom when operating.

On each floor, the wide glass windows allow natural light to flood in. This architecture is suitable for light industrial businesses because of its features. The loading and unloading bays can also accommodate heavy loads that can be easily transported thanks to the ramp-up element and dock levellers.

The ease of transporting goods and navigation to and from different floors is also provided by the cargo and passenger lift. Numerous car park lots are available

Polaris @ Woodlands is located in an ideal location with easy access to SLE and BKE, ensuring secure and quick travel for both public and private vehicles. Commuters can easily get around thanks to the proximity of MRT stations.

The Greenwood Sanctuary, which is just around the corner, has a beautiful view of greenery and the outdoors. A great business presence is ensured due to a quiet area and a plethora of services nearby.



Polaris at Woodlands Location at Woodlands


 

In a prime spot along Singapore's Woodlands Avenue, in a bustling neighborhood. This property is easily accessible via major highways that connect the industrial building to its surrounding districts as well as Singapore's Central Business District (CBD). The Bukit Timah Expressway (BKE) and the Seletar Expressway are two of these highways (SLE).

Commuters would be able to appreciate their journey by passing across any of the nearby MRT stations. Admiralty MRT and Woodlands MRT are only a few of the nearby MRTs. The privilege of a convenient public transit experience is unquestionably understood.

There are also nearby facilities that are important for daily life or even leisure. The glorious greenery of Greenwood Sanctuary @ Admiralty is just a few meters away, providing a welcome breath of fresh air.

Shopping malls, grocery shops, and hawker centers are all within a few kilometers and provide a broad variety of goods and facilities for a pleasant day of operation. Sun Plaza, Kampung Admiralty Hawker Centre, Sheng Siong Supermarket, and Vista Point are all within a few minutes' walking distance.

In addition, there are numerous prestigious schools in the city. Woodlands Ring Secondary School, Hope Community Kindergarten, Innova Primary School, and Si Ling Primary School are among the schools on the list.

 


 

Polaris @ Woodlands Specification

Project NamePolaris @ Woodlands
Address:101 Woodlands Avenue 12
District:25
Total UnitsTBA
DeveloperSoon Hock Investment Group
Tenure60 Years Leasehold
DescriptionB2 Industrial with production units along Woodlands Avenue 12
Unit MixWarehouse and Production Units








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