Three industrial sites up for grabs at Serangoon North, Tuas South

Public tender will be launched 28 September until 23 November.

In a release, JTC Corporation is launching three plots of land for sale by public tender tomorrow, 28 September 2012. Industrialists can apply for the sites at Serangoon North Avenue 5 and Tuas South Street 8 before the tender closes on 23 November 2012 at 11:00am.

The 0.75 ha site at Serangoon North has a 30-year lease and a maximum permissible gross plot ratio of 2.5. It is for Business-1 development. The other two sites at Tuas South, each of size 0.30 ha, have a lease of 22 years and 8 months and a maximum permissible gross plot ratio of 1.0.

They are zoned for Business-2 development. These smaller plots with shorter tenures are targeted at industrialists who need to custom-build their own facilities. This is also in line with the Government’s efforts to make industrial property more affordable.

Site details and location plans for the site are shown on JTC website: https://www.jtc.gov.sg.

Interested parties can purchase the Developer’s Packet at $107 each (inclusive of GST) from Information Counter, Level 1, The JTC Summit, 8 Jurong Town Hall Road, Singapore 609434.