SLA offers heavy vehicle park at Eunos Road for tenancy by public auction

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FOR IMMEDIATE RELEASE

1           The Singapore Land Authority today launched one land parcel for heavy vehicle park use at 20 Eunos Road 4 under tenancy by auction.

2          The site is released to help meet the heavy vehicle parking needs in the area. Heavy vehicles that are allowed to be parked at the site include trailers, buses, and any other vehicles which have a maximum laden weight (MLW) exceeding 5.0 metric tons.

3          The details of the land parcel are in Annex A and the location plan in Annex B.

4          SLA has appointed Colliers International (Singapore) Pte Ltd as the auctioneer. The land parcel will be tenanted via a public auction to be held on 27 May 2009 (Wednesday), 2.30 pm at The Amara Hotel, 165 Tanjong Pagar Road, Level 3 Connection 2 Room. Interested parties can pre-register with SLA before 26 May 2009 or register at the counter outside Connection 2 Room, before the auction commences.

5          More information can be found in the Auction Document. The latter can be purchased at $10.50 (inclusive of Goods and Services Tax) from the Singapore Land Authority at 55 Newton Road, #12-01 (Customer Service Centre) Revenue House Singapore 307987 (Mon – Fri, 8.30am – 5.00pm) The Auction Document can be found online at: https://app1.sla.gov.sg/spio

Attachments:
Annex A: Details of Land Parcel
Annex B: Location Plan

Issued by:
The Singapore Land Authority
5 May 2009

About SLA
Singapore Land Authority (SLA) is a statutory board with the Ministry of Law. Its mission is to optimise land resources for the economic and social development of Singapore. SLA is responsible for the direct management of some 14,000 hectares of State land and about 5,000 buildings. It is also in charge of land sales, leases, acquisitions and allocation, developing and marketing land-related information, and maintaining the national land information database through digitised land information services. SLA is also the national land registration authority for property transactions, and the issuance and guarantee of land titles in Singapore. It also manages and maintains the national land survey system, including the defining of boundaries or legal limits of properties based on a coordinated cadastre survey system.  For more details, visit www.sla.gov.sg.

Annex A
Details of land parcel for Heavy Vehicle Park at 20 Eunos Road 4

Location of Land Site Area (sqm) Estimated GFA (sqm) Offered Usage Tenure (years) Specified Minimum Deposit (exclusive of 7% GST)
20 Eunos Road 4, Singapore 408606 20,288.8 165.54 Heavy Vehicle Park 3+2 $24,600

1 Cashier’s Order to be made payable to the “Commissioner of Lands, SLA”.

Annex B
Site for Heavy Vehicle Park at 42 Defu Lane 7