Check out these 22 industrial GLS sites up for sale

Smaller sites, short tenure.

According to a release, the Ministry of Trade and Industry (MTI) today launched its Industrial Government Land Sales (IGLS) Programme for the second half of 2013. To continue to meet potential demand for industrial land, there will be 19 sites in the Confirmed List and 3 sites in the Reserve List, with a total site area of 22.84ha.

The proposed land quantum for the second half of 2013 represents a continuation of the Government’s efforts to release sufficient land, through the IGLS programme, to moderate industrial land prices and to provide adequate industrial space for industrialists.

Similar to the first half of 2013, there will be smaller sites with short tenure to help meet the demand of industrialists who prefer to build their own customised facilities. In addition, sites with shorter tenure will be more affordable to industrialists.

The tender conditions on all B1 and B2 sites in the IGLS programme which took effect from 1 January 2012 remain unchanged. This will ensure that the new industrial space built by developers can better meet the industrialists’ needs for ready-built industrial space.

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