Industrial landlord JTC has launched a site at Gul Avenue for application, the fourth of five reserve list sites under the first half of the 2020 Industrial Government Land Sales Programme.
Zoned for Business 2 development, the 0.58ha site has a gross plot ratio of 1.4 and a leasehold tenure of 20 years.
“The launch is part of the government’s efforts to offer more choices for industrial development,” said JTC.
Interested parties can submit their applications to JTC.
A land parcel under the reserve list system will only be released for sale once JTC received “an offer of a minimum price that is acceptable to the government”.