JTC Corporation has announced the upcoming public tender for an industrial site at Plot B Tukang Innovation Drive, following an acceptable application under the Industrial Government Land Sales (IGLS) Programme. The tender, set to commence on 29 July 2025, will run for six weeks, with a committed bid price of no less than $70.5m.
The site, part of the Reserve List system under the first half of the 2025 IGLS Programme, spans 1.87 hectares with a gross plot ratio of 2.5. It is zoned for B2 industrial use and comes with a 33-year tenure. The Reserve List system requires JTC to disclose the minimum bid price but not the applicant’s identity.
This tender marks a significant opportunity for industrial development in the area, reflecting the government’s ongoing efforts to optimise land use for industrial purposes. The release of this site is expected to attract interest from various sectors looking to expand their operations in Singapore.
Further details about the land parcel can be accessed on the JTC website, providing potential bidders with comprehensive information to prepare their submissions.
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