Industrial landlord JTC has put an industrial site at Tuas Bay Close for sale by public tender, after a developer has committed to a bid price of not less than S$17.5 million.
The 2.72ha site was made available for application in July 2017 through the reserve list system under the second half 2017 IGLS Programme. Zoned for Business-2 development, the site comes with a maximum permissible gross plot ratio of 1.7 and a leasehold tenure of 30 years.
“The public tender for the land parcel is scheduled for 30 January 2018 with a tender period of six weeks,” said JTC.
This article was edited by Keshia Faculin.
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