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Mapletree to build $250 million industrial facility in Paya Lebar

Published on Dec 20, 2013 7:30 PM

Property firm Mapletree Investments plans to build a $250 million industrial facility with office and retail space in Paya Lebar, it said on Friday.

This will be on a plum multi-use industrial site in the Paya Lebar iPark, which is a 15ha industrial park near Tai Seng MRT.

The plot is zoned as a Business 2-white site. White sites - where multiple uses are permitted - are rare.

It has a maximum gross floor area of 443,796 sq ft, of which about 28.6 per cent is zoned for "white" use.

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