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JTC launches Tuas South site for sale by tender

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JTC Corporation on Tuesday launched a 0.7-hectare site at Tuas South Street 6 (Plot 46) for sale by public tender under the first half 2015 industrial government land sales (IGLS) programme.

JTC Corporation on Tuesday launched a 0.7-hectare site at Tuas South Street 6 (Plot 46) for sale by public tender under the first half 2015 industrial government land sales (IGLS) programme.

The confirmed list site is zoned for Business-2 development that is meant for heavier and more pollutive industrial use. It has a 20-year three-month tenure with a maximum gross plot ratio of 1.0.

Confirmed list sites are launched according to schedule regardless of demand, unlike reserve list sites which are launched for tender only upon successful application by a developer.

The tender closes on April 21, 2015 at 11am.