Two Industrial Sites Up for Sale By JTC

JTC has launched three sites under the 1H2018 Industrial Government Land Sales (IGLS) program. Two sites are readily available for tender, while one site under the Reserve List is open for application. The two sites offered for tender are located along Braddell Road and also Tampines Industrial Drive, Plot 10. The 104,584 sq feet story at Braddell Roadway was offered for application under the 1H2018 IGLS Book Listing. The plot has a minimal proposal of $18.3 million. It has a 30-year period and also is zoned for business-1 usage, with an optimum permitted gross story ratio (GPR) of 2.5. The tender will close on July 11. The land parcel at Tampines Industrial Drive Story 10 is the fifth site out of six under the 1H2018 IGLS Verified Listing. The 50,618 sq feet site is zoned for business-2, with an optimum allowable GPR of 1.4. The story has a 20-year period. The tender shuts on July 25.

Readily available for application is a land parcel under the Book List. Located on Corporation Drive (formerly described as Yung Ho), it is the 5th from 7 sites under the 1H2018 IGLS Book Listing. The 137,782 sq ft site is zoned for business-2 usage with an optimum acceptable GPR of 2.5. It has a 30-year period. Under the Reserve Listing system, a land parcel will only be launched offer for sale if it obtains a deal of a minimum cost that serves to the Government. Looking at the land sites marketed from 2016 to 2017, the majority of are in the heart of central area and also rest of main region. There are nonetheless 5 sites in the core main region such as those near Tanjong Pagar as well as Wallich Residence. To know more information, we can go to this link here.

Leave a Comment