
Check out these three industrial sites up for sale
They're under the 1H14 IGLS Programme.
According to a release, as part of the Government’s continuing efforts to offer more choices for industrial development, JTC Corporation (JTC) and Urban Redevelopment Authority (URA) have launched three sites at Tuas South Street 11, Tuas Avenue 11 and Woodlands Avenue 12 for sale under the 1st half 2014 IGLS Programme.
The 3.9 ha site at Woodlands Ave 12 released by URA is zoned for Business-1 development and has a 30-year tenure and a maximum permissible gross plot ratio of 2.5. The site at Tuas Avenue 11 launched by JTC is zoned for Business-2 development with a lease of 30 years. It has a land area of 8,922 sqm and a maximum permissible gross plot ratio of 1.4.
Separately, a site at Tuas South Street 11 (Plot 39) has been successfully triggered from the Reserve List of the 1st half 2014 IGLS Programme and is launched for sale by JTC. The minimum bid for the land parcel is $6,000,000. Zoned for Business-2 development, the site has a 20-year 10-month tenure and a maximum permissible gross plot ratio of 1.0.
The launch of the Tuas South Street 11 and Tuas Avenue 11 sites in the West as well as the Woodlands Avenue 12 site in the North provides more location options for industrialists. In addition, the different land tenures and sizes cater to industrialists who prefer to purchase strata-titled industrial property as well as those who prefer to have the flexibility to custom-build their own facilities.