The Urban Redevelopment Authority (URA) launched the Woodlands Industrial Park E5/Woodlands Avenue 4 for sale by public tender yesterday.

Developers interested in bidding must submit a bid of at least S$12.5 million. The tender closes at 12 noon on 7 July 2009.

The industrial site land parcel has a site area of 25,012.4 sqm and a maximum gross plot ratio of 2.5. It has a lease period of 60 years and is earmarked for a Business 2 development.

Interested developers can log on to URA’s website for developer’s packets.