Apr 1, 2020
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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”.

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