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JTC launches two industrial sites

Dec 30, 2015
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Two confirmed list sites were launched for sale by public tender by JTC on Tuesday (29 December) under the 2H 2015 Industrial Government Land Sales (IGLS) Programme.

“The 0.51 ha site at Tampines Industrial Drive (Plot 5) and the 0.48 ha site at Tuas South Link 2 (Plot 9) are zoned for Business-2 development and both have a 20-year tenure with a maximum permissible gross plot ratio of 1.4,” said a press release from the state-owned corporation.

Interested parties are invited to apply for these industrial sites before the close of the tender on 23 February 2016.

According to JTC, the launch of the two sites is in line with the government’s goal of providing more choices for industrial projects.

Tuas South Link 2 (Plot 9)

Tuas South Link 2 (Plot 9)

 

Nikki De Guzman, Editor at CommercialGuru, wrote this story. To contact her about this or other stories email nikki@propertyguru.com.sg

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