Posted: 27 December 2012 1311 hrs

SINGAPORE

JTC Corporation (JTC) has launched the sale of three plots of industrial land — one at Ubi Avenue and two at Tuas South — by public tender.

JTC said on Thursday that the three plots form the last batch of the 16 sites in the Confirmed List under the Industrial Government Land Sales (IGLS) for the second half of 2012.

Measuring 0.35 hectares, the site at Ubi Avenue 4 has a lease term of 30 years and a maximum permissible gross plot ratio of 2.5.

The land parcel at Tuas South Avenue 10 has an area of 3.96 hectares. The site has a lease period of 30 years and a maximum permissible gross plot ratio of 1.4.

The 0.3-hectare site at Tuas South Street 8 has a shorter tenure of 22 years 5 months and a maximum permissible gross plot ratio of 1.0. JTC said this smaller plot is targeted at industrialists who need to custom-build their own facilities.

The tender for the sites will close on 7 February 2013.

– CNA/al