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The 20-year leasehold site has an area of 0.56 hectare and a gross plot ratio of 1.4. Image: Google Maps
Industrial landlord JTC on Tuesday (24 November) launched an industrial site at Jalan Papan (Plot 5) for application.
Zoned for B2 use, the 20-year leasehold site has an area of 0.56 hectare and a gross plot ratio of 1.4. It is the last of three reserved list sites for the second half of the 2020 Industrial Government Land Sales Programme.
“The launch is part of the government’s efforts to offer more choices for industrial development,” said JTC.
Under the Reserve List system, a site will only be released for sale once JTC receives an offer of a minimum price which is acceptable to the government.
Application for the site closes on 31 December.
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