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JTC Corporation (JTC) on Tuesday (23 February) announced the launch of two industrial sites for sale by public tender under the first half 2016 Industrial Government Land Sales (IGLS) Programme.
The launch includes the 0.58 ha site at Tampines North Drive 3 (Plot 3) and the 3.33 ha site at Tuas South Link 1 (Plot 1). Both sites are zoned for Business-2 development.
Plot 3, Tampines North Drive 3. (Source: JTC Corporation)
Plot 1, Tuas South Link 1. (Source: JTC Corporation)
The Tampines industrial site has a 20-year tenure and offers a maximum permissible gros plot ratio of 2.5, while the Tuas site comes with a 30-year lease tenure with a maximum permissibble gross plot area of 2.0. Tender for the sites closes on 19 April and 5 April, respectively.
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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