JTC launches Tuas industrial sites for sale
Tenders close in September.
JTC Corporation launches industrial land for temporary use every two months, as sites launched under Temporary Occupation Licence typically have tenure of up to 3 years.
In an announcement, JTC launched 2 industrial sites at Tuas for sale under the second half 2014 Industrial Government Land Sales (IGLS) programme. The two sites, Tuas Bay Close and Tuas South Street 7, have a total of 3.2 hectares and are both zoned for Business-2 development.
Tuas Bay Close, with 2.7 hectares, has a 30-year tenure with a maximum permissible gross plot ratio of 1.7 while Tuas South Street 7 has a 20-year 10-month tenure, and a maximum permissible gross plot ratio of 1.0.