Three new industrial sites up for tender sale

THREE new sites have been put up for sale by public tender on Friday under the Industrial Government Land Sales (GLS) programme.

The sale of the two sites in Tuas South are "in line with the Government's efforts to make industrial property more affordable", said JTC Corp in a statement.

Both are zoned for Business 2 development - each with a lease tenure of 21 years and eight months - as well as a permissible gross plot ratio of 1.0.

The smaller of the two parcels at Tuas South Street 6 spans 32,686 sq ft, while the other at nearby Tuas South Street 7 has an area of 54,176 sq ft.

"These smaller plots with shorter tenure are targeted at industrialists who need to custombuild their own facilities," added JTC.

The third site at Tai Seng Street will be linked to the Tai Seng MRT station on the Circle Line via a direct basement connection.

Spanning 126,799 sq ft, the plot has a lease term of 30-years and a permissible gross plot ratio of 3.5.

As it is zoned as a Business 2-White development, part of its premises will go towards retail, food and beverage or office use.

When developed, the site will form "the epicentre of Paya Lebar iPark" - a hub for light manufacturing and lifestyle related industries. Companies which have set up shop there include BreadTalk Group, Charles & Keith Group as well as Sakae Holdings.

Tenders for the two plots at Tuas South must be submitted by Nov 8, while that of Tai Seng Street by Nov 22.