By Joyce Teo, Property Correspondent

SALES of state-owned industrial land have been suspended for the first half of next year in the light of economic uncertainty.

Only industrial land on the 'reserve list' system will be available. These sites go up for tender only when a developer indicates an interest.

The Trade and Industry Ministry said it will also transfer a 5ha site at Tampines Industrial Avenue 4 meant for outright sale this year to the reserve list for the first half of next year. It was the only site confirmed for sale in the latter half of this year.

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