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Publish Date : 16-Aug-2012

The Urban Redevelopment Authority (URA) announced on Tuesday that a developer has committed a minimum bid of $14.2 million for an industrial site at Yishun Avenue 9 to be launched for sale.

URA said it will launch the tender for the reserve list site in two weeks. It will announce the exact launch date later.

URA said, \"As the minimum price committed by the developer is acceptable to the government, the site will be released for sale via public tender.

\"In accordance with the procedures of the reserve list system, URA is making public the minimum price committed for the site.\"

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