JTC launches tenders for Tuas industrial sites

JTC Corporation put up five plots of land for sale by public tender on Friday. Located at Tuas South Street 7, 8, and 9, these industrial sites range from 0.30 to 0.57 hectare (ha) in size. They each have a lease of 23 years and a maximum permissible gross plot ratio of 1.0. In a media statement, JTC said these smaller plots with shorter tenure are to help meet the needs of industrialists who prefer to build their own customised facilities. They are also launched in line with the government’s efforts to make industrial property more affordable. The tenders will close on July 27, 2012.

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