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reporter2
29-10-14, 11:52
http://www.businesstimes.com.sg/real-estate/2-confirmed-list-sites-1-reserve-list-site-open-for-tender

2 confirmed list sites, 1 reserve list site open for tender

By Lee Meixian

[email protected]@LeeMeixianBT

29 Oct


JTC on Tuesday launched for tender two confirmed list sites at Tuas South Street 9 (Plot 52) and Tanjong Penjuru, as well as a reserve list site at Tuas South Street 7 (Plot 53). The confirmed list sites are zoned for business-2 development, or heavier industrial use.

The 0.8-ha site at Tuas South Street 9 (Plot 52) has a 20-year seven-month tenure with a maximum gross plot ratio of 1.0. The 1.6-ha site at Tanjong Penjuru has a tenure of 20 years and a maximum gross plot ratio of 2.5.

"The shorter tenure of 20 years for the Tanjong Penjuru site is targeted to meet the needs of industrialists for multiple-user development at affordable prices," JTC said.

The tenders for both sites close on Dec 23, at 11am.

Separately, the reserve list site at Tuas South Street 7 (Plot 53) is also zoned for business-2 development. It is 0.5-ha, with a 20-year four-month tenure and a maximum gross plot ratio of 1.0.