JTC launches 2 new sites under IGLS programme

The sites are slated for 2H 2024 IGLS.

JTC has launched two industrial sites under the second half of the 2024 Industrial Government Land Sales (IGLS) Programme.

The Kaki Bukit site, covering 0.80 hectares with a gross plot ratio of 2.5, is zoned for B2 heavy industrial use and has a 30-year tenure.

It is the fourth of five Confirmed List sites for 2H 2024 IGLS, with the tender closing on 21 January 2025 at 11:00 am.

Plot 3 Gambas Way, spanning 0.69 hectares with a gross plot ratio of 2.0, is zoned for B2 heavy industrial use and has a 30-year tenure.

It is the third of five Reserve List sites for 2H 2024 IGLS, with applications closing on 31 December 2024 at 11:00 am, and will be released for sale only if a minimum acceptable bid is met.