JTC has established the public tender for 2 industrial sites beneath the industrial authorities property earnings (IGLS) programme.
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A 52,022 sq feet site along Tampines North Drive two is the first of 3 websites recorded from the Confirmed List of this 2H2020 IGLS programme. The property has a 20-year tenure and can be zoned”Business 2″, using a gross plot ratio of 2.5.
The other 39,676 sq ft website at 160 Gul Circle is beneath the Reserve List of this 1H2020 IGLS programme, also it’s been made accessible for program. JTC obtained a program for the website to be set up for public tender with a dedicated bid of less than $2 million. The storyline includes a 20-year rental and can be zoned”Business 2″ using a gross plot ratio of 1.4. The final date for the tender is Oct 6.