2 February 2015

ZACD Investments Pte Ltd is proud to partner NSS Realty Pte Ltd in the development of the URA land parcel at Gambas Crescent. The 30 years leasehold land parcel was awarded to NSS Realty Pte Ltd on 28 August 2014, at a tendered sale price of SGD 35,000,000. Measuring 15,665 sqm, the land parcel is zoned for B1 industrial use and has a permissible gross plot ratio of 2.5.

Nestled in the Woodlands region, this industrial development is set to benefit from the government’s plan to rejuvenate the area and to establish Woodlands Regional Centre as Singapore’s Northern Gateway. The URA’s Master Plan has earmarked the area as part of an exciting new growth cluster, with the Thomson MRT line providing a direct connection to the city centre and hosting an interchange station with the future cross-border rail service to Johor Bahru.  Additionally, the future North-South Expressway will reduce travelling time to the city.

This collaboration allows for a synergy of skills and experience with NSS Realty Pte Ltd, a long standing partner of ZACD Investments Pte Ltd, and represents yet another valuable opportunity for us to showcase our experience in the industrial space.