By: valerie.kor@edgeprop.sg | Posted on: Feb 25, 2020

SINGAPORE (EDGEPROP) - JTC has launched two sites under the first half of the 2020 Industrial Government Land Sales (IGLS) Programme.


Jalan Papan Plot 1 is available for tender. (Location map: JTC)

The first plot out of three Confirmed List sites to be launched is available for tender until April 21, 11am. Situated at Jalan Papan, it is 1.23ha in size, has a tenure of 20 years and a gross plot ratio of 1.4.


The 0.37ha site at 160 Gul Circle is available for application. (Location map: JTC)

The second site at 160 Gul Circle is available for application. It has an area of 0.37ha and a gross plot ratio of 1.4. The site also has a 20-year tenure. It is the third out of five Reserve List sites for the 1H2020 IGLS Programme.

Based on the Reserve List system, a land parcel will only be released for sale if there is an offer with a minimum price that is acceptable to the government.

The government releases land parcels at regular intervals through the IGLS programme to ensure adequate supply of industrial space in Singapore.

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Source: https://www.edgeprop.sg/property-news/jtc-launches-two-industrial-gls-sites-1h2020?utm_source=Facebook&utm_medium=article&utm_campaign=Echo


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