Two sites launched under industrial GLS for 1H2019

By Bong Xin Ying / EdgeProp Singapore | March 27, 2019 1:45 PM SGT
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JTC launched two sites on Tuesday (March 26), under the Industrial Government Land Sales (IGLS) Programme for the first half of 2019.
One of the sites for tender is a 20-year leasehold, 1.24ha parcel at Jalan Papan (Plot 2) near Jalan Ahmad Ibrahim, and is the third of five Confirmed List sites for the IGLS Programme for the first half of 2019. The other is a 30-year, 1.2ha plot under the Reserve List at Gambas Way (Plot 2), whose tender was triggered by an application for the site to be put up for public tender with a committed bid price of not less than $19.31 million. The sites have gross plot ratios of 1.4 and 2.5 respectively, and are both zoned B2.
The tender for the Jalan Papan site closes on May 21 at 11am, while that for the Gambas Way site closes on May 7 at 11am.

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