Jan 29, 2020
    email_go E-mail to friend    shareBookmark & Share

Industrial landlord JTC has made a reserve list site at Tuas South Link 3 (Plot 20) available for application, the second of five reserve list sites under the first half of the 2020 Industrial Government Land Sales (IGLS) Programme.

“The launch is part of the Government’s efforts to offer more choices for industrial development,” it said.

Zoned for Business 2 development, the 0.45ha site has a gross plot ratio of 1.4 and a leasehold tenure of 20 years.

JTC did not provide the closing date for the submission of applications.

A site under the reserve list system will only be released for sale if the minimum price offered by a developer is acceptable to the government.

Related Articles:

Industrial properties placed under mortgagee sale rose 34.2% in 2019

“Anchor heritage tenants” to get new leases in Dempsey Hill

UOL buys Jakarta hotel for S$67.5m

    email_go E-mail to friend    shareBookmark & Share

Search Property News