JTC launches 3 industrial sites under 2025 IGLS Programme
These sites come with an extended three-year lease tenure.
JTC has launched three sites as part of the first half of the 2025 Industrial Government Land Sales (IGLS) Programme.
These sites come with an extended three-year lease tenure, following recent updates to the industrial land lease framework.
The site at Gul Drive is the third of seven confirmed list sites for the first half of the 2025 IGLS Programme. Its tender will close on 20 May at 11 a.m.
Meanwhile, the sites at Plot 3 Gambas Way and Tuas Road are the third and fourth sites, respectively, of five Reserve List sites for the first half of the 2025 IGLS Programme. Their tender will close on 30 June at 11 a.m.
Under the Reserve List system, a land parcel will only be released for sale if it receives an offer of a minimum bid price that is acceptable to the government.
Interested parties can purchase the tenderer’s packet at $185.30 each, inclusive of GST.