Government trims marginally industrial land supply for first half of 2017
It is releasing six sites on Confirmed List and five on Reserve List under IGLS programme
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Singapore
IN what is seen as a mild trimming of industrial land supply in a weak market, the government is releasing six sites on the Confirmed List and five sites on the Reserve List under the Industrial Government Land Sales (IGLS) programme for the first half of 2017 spanning 11.25 hectares.
The six sites on the Confirmed List can potentially yield 656,167 square feet in gross floor area (GFA) based on their plot ratios, after the government offered seven Confirmed List sites that can yield 705,466 square feet in H2 2016 IGLS.
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