THE Singapore Land Authority (SLA) is set to auction a site for heavy vehicle parking at 42 Defu Lane 7.
The 21,058 sq m plot will be offered on a three-year lease with an option to renew for a further two years.
The specified minimum deposit is $39,000. Two site visits will be conducted at 4pm on Sept 8 and 9.
Only heavy vehicles with a maximum laden weight exceeding 5 tonnes, such as buses and trailers, can park at the site.
SLA has appointed Colliers International (Singapore) the auctioneer. The public auction will be held at 2.30pm on Sept 23 at Amara Hotel.
Source: Business Times, 2 Sep 2009
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