Five industrial sites at Tuas, Gambas Crescent on offer
$100-140 psf ppr top bids seen for Gambas sites; $75-100 psf ppr for Tuas sites
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Kalpana Rashiwala
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FIVE plots of land were released yesterday through the Industrial Government Land Sales Programme.
Four of the sites are being offered through the confirmed list. Tenders close on Dec 12 for three sites in Tuas South area (Plots 20, 22 and 24) while the tender for a plot in Gambas Crescent (Parcel 3) closes on Dec 10.
The fifth plot of land, Parcel 4 at Gambas Crescent, is being offered through the reserve list, which means it will be launched for tender only if there is a successful application by a developer, accompanied with an undertaking of a minimum bid price that is acceptable to the state.
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