Jan 2, 2020
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The 0.66ha site at Jalan Papan (Plot 6) is the last of four confirmed list sites for the second half of 2019. Photo: JTC

Industrial landlord JTC launched two sites at Jalan Papan and Tuas Avenue 6 under the second half of the 2019 Industrial Government Land Sales (IGLS) programme, as part of government’s efforts to offer more choices for industrial development.

Zoned for Business 2 use, both sites come with a 20-year leasehold tenure and a gross plot ratio of 1.4.

The 0.66ha site at Jalan Papan (Plot 6) is the last of four confirmed list sites for the second half of 2019.

The Tuas Avenue 6 site, on the other hand, was made available for application via the reserve list system under the second half of the 2019 IGLS programme.

JTC revealed that it has received an application for the 0.55ha site to be put up for public tender, with a minimum committed bid price of $2.55 million.

The tender for the Jalan Papan and Tuas Avenue sites will close on 25 February and 11 February respectively.

 

Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email victorkang@propertyguru.com.sg

Related Articles:

JTC launches 2 sites under 1H 2019 IGLS Programme

JTC launches Tuas West Avenue (Plot B)

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