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The confirmed list sites are located are in Tampines North Drive 5, Gul Avenue and Jalan Papan. Zoned for B2 use, the 20-year leasehold sites are estimated to be available between March and June next year. Image: Google Street View
The government has launched three confirmed list sites and three reserved list sites, with a total area of 3.86 ha, under the Industrial Government Land Sales (IGLS) programme for the first half of 2021, revealed the Ministry of Trade and Industry (MTI) on Tuesday (22 December).
The confirmed list sites are located are in Tampines North Drive 5, Gul Avenue and Jalan Papan. Zoned for B2 use, the 20-year leasehold sites are estimated to be available between March and June next year.
The three sites on the reserve list, on the other hand, can be found in Woodlands Industrial Park, Tampines North Drive 5 and Jalan Papan.
The sites in Woodlands and Tampines North Drive 5 have a tenure of 30 years, while the Jalan Papan site has a 20-year tenure. With estimated availability from February to May 2021, all three sites are zoned for B2 use.
Under the reserve list, the government will put up a site for tender “if an interested party submits an application with an offer of a minimum purchase price that is acceptable to the government”.
It may also put up a site for tender if “there is sufficient market interest in the form of more than one unrelated party submitting minimum purchase prices that are close to the government’s reserve price for the site within a reasonable period”.
Parties interested on the reserve list sites can apply to JTC Corporation.
“The government will continue to release sufficient land through the IGLS programme to ensure an adequate supply of industrial space in Singapore,” said MTI.
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