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Zoned for Business 2 use, the 20-year leasehold site has an area of 1.01ha and a gross plot ratio of 1.4. It is the last of three reserve list sites for the first half of the 2021 Industrial Government Land Sales programme. Photo: JTC
JTC has launched an industrial site at Jalan Papan (Plot 9) for application under the first half of the 2021 Industrial Government Land Sales (IGLS) Programme.
Zoned for Business 2 use, the 20-year leasehold site has an area of 1.01ha and a gross plot ratio of 1.4. It is the last of three reserve list sites for the first half of the 2021 IGLS programme. The two remaining Reserve List sites are Woodlands Industrial Park E7/E8, which has a site area of 0.77ha, and the site at Plot 9, Tampines North Drive 5, which has a site area of 0.49ha. Both sites have a gross plot ratio of 2.5.
“Under the Reserve List system, a land parcel will only be released for sale if it receives an offer of a minimum bid price that is acceptable to the government,” said JTC.
Meanwhile, there
Applications for the site may be submitted to JTC before the expiry date on 30 June 2021.
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Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this story, email: victorkang@propertyguru.com.sg
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