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JTC has launched the industrial site at 160 Gul Circle for sale by public tender after it received a committed bid of not less than $2 million.
Zoned for Business 2 use, the site was made available via the Reserve List system under the first half 2020 Industrial Government Land Sales programme.
“As the minimum bid price committed by the applicant is acceptable to the government, the site will be released for sale by public tender,” said JTC.
With an area of 0.37 hectares, the site has a gross plot ratio of 1.4 and a leasehold tenure of 20 years.
The tender for the site is set on 25 August, with a tender period of six weeks.
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Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email victorkang@propertyguru.com.sg