Industrial sites at Tampines and Tuas launched for sale

One Confirmed List site at Tampines North Drive 3 (Plot 3) and one Reserve List site at Tuas South Link 1 (Plot 1) have been launched for sale by public tender, JTC announced on Tuesday (Feb 23).

The 0.58 ha site at Tampines North Drive 3 (Plot 3) has a 20-year tenure with a maximum permissible gross plot ratio of 2.5. The tender for this site closes on Apr 19, 11am.

On the other hand, the 3.33 ha site at Tuas South Link 1 (Plot 1) has a 30-year tenure with a maximum permissible gross plot ratio of 2.0. The tender for this site closes on Apr 5, 11am.

Both sites are zoned for Business-2 development and are being launched under the first half 2016 Industrial Government Land Sales Programme, JTC said.

It added that the launch of the sites is part of the Government’s efforts to offer more choices for industrial development.

Source : Channel NewsAsia – 23 Feb 2016

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