SINGAPORE - JTC has launched one confirmed list site at Tampines Industrial Drive and one reserve list site at Woodlands Height under the second half 2015 industrial government land sales (IGLS) programme.
The 0.41 hectare site at Tampines Industrial Drive (Plot 7) is zoned for Business 2 development and has a 20-year tenure with a maximum permissible gross plot ratio of 1.4.
The tender for the site closes on Jan 19 at 11 am, JTC announced on Tuesday (Nov 24).
The 1.61 ha reserve list site at Woodlands Height is zoned for Business 1 development and has a 30-year tenure with a maximum permissible gross plot ratio of 2.5.
Being on the reserve list means the parcel will be launched for sale via public tender when a developer commits to a bid deemed acceptable, or when there is sufficient market interest.
The launch of the sites is part of the Government's efforts to offer more choices for industrial development.