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JTC revealed on Tuesday (26 Feb) that it launched the tender for the second plot under the Industrial Government Land Sales (IGLS) Programme for the first half of the year (H1 2019).
Located in Tampines North Drive 3, the industrial site measuring around 4,800 sq m is zoned for Business 2 (B2) purposes. It also comes with a gross plot ratio of 2.5 and leasehold tenure of 20 years.
JTC said the move is in line with the government’s objective to provide more land options for industrial projects.
The tender exercise for the plot in Tampines North Drive will close on 23 April.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email romesh@propertyguru.com.sg
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