Sep 29, 2021
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JTC on Tuesday (28 September) announced that an industrial site at Gambas Way (Plot 3) has been launched for tender under the second half of the 2021 Industrial Government Land Sales (IGLS) Programme.

Zoned for Business 2 use, the 0.69 ha site has a gross plot ratio of 2.0 and a leasehold tenure of 30 years.

“The site is the second of four Confirmed List sites for the second half of the 2021 IGLS Programme,” said JTC.

Confirmed list sites are launched based on schedule regardless of demand, while reserve list sites can only be released for sale once JTC receives an offer of a minimum price that is acceptable to the government.

The tender for the Gambas Way site closes on 23 November 2021.

Eugenia Liew, Senior Digital Content Specialist at PropertyGuru, edited this story. To contact her about this or other stories, email eugenialiew@propertyguru.com.sg

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