Five sites at Tuas South and Gambas Crescent were released for sale on Thursday under the 2H2013 Industrial Government Land Sales (IGLS) Programme by the Urban Redevelopment Authority (URA) and JTC Corporation.
The three land parcels in Tuas South (Plots 20, 22 and 24) each have a gross plot ratio of 1.0 and a leasehold tenure of 21 years and seven months. Furthermore, they are zoned for Business 2 development.
The site at Gambas Crescent (Parcel 3) has a 30-year lease and gross plot ratio of 2.5. It is zoned Business 1.
The four mentioned sites were launched under the confirmed list. The tender for the Gambas Crescent plot will close on 10 December, while the tender ends two days later for the three sites in Tuas South.
Meanwhile, another site at Gambas Crescent (Parcel 4) was released for application for sale under the reserve list. With a gross plot ratio of 2.5 and 30-year tenure, the land parcel is intended for B1 development.
Image: Map showing location of the site at Gambas Crescent Parcel 4. (Source: URA)
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories email romesh@propertyguru.com.sg
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