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JTC launches tender for industrial site in Tuas South

/ EdgeProp Singapore |

January 29, 2020 4:00 PM SGT

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SINGAPORE (EDGEPROP) - The public tender for an industrial site, under the Reserve List of the 1H2020 Industrial Government Land Sales programme, has been launched for application by JTC. It is the second of five Reserve List sites.

Located at Tuas South Link 3, the 47,967 sq ft site is zoned for Business 2 use. It has a permissible gross plot ratio of 1.4 and a lease period of 20 years.

Since the site is under the Reserve List, the land parcel will only be released for sale if JTC receives an offer of a minimum price that is acceptable.

Located at Tuas South Link 3, the 47,967 sq ft site is zoned for Business 2 use (Picture: JTC)

Read also:

Economic headwinds may moderate industrial rents in 2020

Flight to quality continues in industrial property as tenants flock to limited high-spec space

Two industrial sites launched under 2H2019 IGLS programme

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