JTC to launch three industrial sites for sale

One site in Bradell Road will be tendered starting $18m.

JTC launched three more industrial sites in its list for the first half of 2018. Two of the sites are available for tender, whilst one site which is under the Reserve list is available for application.

According to an announcement, it will be under the Industrial Government Land Sales (ILGS) programme which "aims to offer more choices for industrial development."

Amongst those that are for tender include the 104,000 sq ft. site in Braddell Road that has a B1 industrial zoning, and a 51,000 sq ft. site with B2 industrial zoning in Tampines Industrial Drive.

The state-owned company had received an application for Bradell Road site to be put up for public tender, with a committed bid price of not less than $18m.

Meanwhile, the site in Corporation Drive which has an area of 137,000 sq ft. is available for application under the Reservation list. It has a 30-year tenure.

Applications may be submitted to JTC for the Corporation Drive site. Under the Reserve List system, a land parcel will only be released for sale if it receives an offer of a minimum price that is acceptable to the government.

Also Read

Singapore strikes a balance in logistics supply per capita, trade: report

SGX RegCo confirms ESR Group Limited's eligibility to vote on Sabana REIT trust deed amendments

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit