JTC launches tender for industrial site in Tuas Bay Close

An applicant set a committed bid price of $17.5m.

JTC launched the tender for an industrial Reserve List site in Tuas Bay Close.

According to a press release, JTC received an application with a committed bid price of not less than $17.5m.

The land is a 2.72 ha land parcel with a 30-year tenure and a maximum permissible gross plot ratio of 1.7. It is zoned for business-2 development.

The public tender for the land parcel is scheduled for 30 January 2018 with a tender period of six weeks.

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