JTC launches two industrial GLS sites

By
/ EdgeProp
|
November 27, 2018 6:48 PM SGT
Two sites have been launched by JTC Corp under the Industrial Government Land Sales (IGLS) Programme for the second half of 2018.
The first site, at Tuas South Link 3, is up for tender. It measures 0.45ha and has a gross plot ratio of 1.4. The land is on a 20-year tenure, and is the fifth out of six Confirmed List sites for H22018.
The second site, at Tampines North Drive 5, is available for application under the Reserve List. The land, also with a 20-year tenure, occupies 0.49ha and has a gross plot ratio of 2.5. JTC says it will release the land for sale only if it receives a minimum price that is “acceptable” to the government. The site is the fifth out of seven Reserve List sites for H22018.
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The tender for the Tuas site will close on Jan 22 next year. Tender documents for the two sites can be purchased at the JTC portal.