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JTC launches two small industrial sites for sale

The sites at Tuas South Link 3 are zoned for Business-2 development with a 20-year tenure

Singapore

THE government is continuing with its launch of smallish, short-tenure, industrialist-friendly sites.

On Tuesday, state industrial landlord JTC said that it has launched a confirmed list site at Tuas South Link 3 (Plot 22) and a reserve list site also at Tuas South Link 3 (Plot 15) under the H2 2016 Industrial Government Land Sales (IGLS) Programme.

Confirmed list sites are launched according to schedule regardless of demand, whereas under the reserve list system, a land parcel is released...

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