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JTC launches three industrial sites for sale

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JTC Corporation on Tuesday launched two confirmed list sites at Tuas South Link 2 (Plot 8) and Tampines Industrial Drive (Plot 11), plus one reserve list site at Tampines Industrial Drive (Plot 5) for sale.

JTC Corporation on Tuesday launched two confirmed list sites at Tuas South Link 2 (Plot 8) and Tampines Industrial Drive (Plot 11), plus one reserve list site at Tampines Industrial Drive (Plot 5) for sale.

Under the confirmed list, the 0.6-hectare site at Tuas South Link 2 (Plot 8) and 0.5-hectare site at Tampines Industrial Drive (Plot 11) are zoned for Business-2 development, or heavy industrial use.

Both sites have a 20-year tenure and a maximum gross plot ratio of 1.4. The tenders will close on July 21, 2015, at 11am.

Separately, a 0.5-hectare site at Tampines Industrial Drive (Plot 5) is released for application under the reserve list. Also zoned for Business-2 use, the site has a 20-year tenure with a maximum gross plot ratio of 1.4.

Sites in the reserve list are launched for tender only upon successful application by a developer, while confirmed list sites are launched according to schedule, regardless of demand.

sentifi.com

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