139 views
Photo courtesy of JTC Corporation.

Two sites launched under IGLS programme

The sites are located in Tampines North Drive and Jalan Papan.

JTC has placed two sites located in Tampines North Drive and Jalan Papan under the Industrial Government Land Sales (IGLS) Programme.

In a statement, JTC said the site at Plot 11a Tampines North Drive has a site area of 0.54 hectares with a 30-year tenure. The tender for the site will close on 19 September at 11 am.
The site is the first of five confirmed list sites for the second half of the 2023 IGLS Programme.

Meanwhile, the second site at Plot 5 Jalan Papan has a 20-year tenure and a site area of 0.56 hectares. The application for the site will close on 29 December at 11 am.

ALSO READ: JTC opens site under IGLS on Tampines North Drive

It is the last of the three Reserve List sites for the second half of the programme. A land parcel under the Reserve List system will only be released for sale if it secures an offer of a minimum bid price acceptable to the Government, JTC said.

JTC added that interested parties can buy the Tenderer’s Packet, inclusive of goods and services tax, at $181.90 each.

Join Singapore Business Review community

Follow the link for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.