Newsflash Asia – Breaking Stories, Smarter and Faster

JTC launches Penjuru Road site under IGLS programme

JTC has announced the launch of a site at Penjuru Road under the Industrial Government Land Sales (IGLS) programme for the second half of 2025. This site, which features a 33-year lease tenure, is part of recent enhancements to the industrial land lease framework aimed at providing more flexibility for industrial developments.

The Penjuru Road site spans 2.09 hectares with a gross plot ratio of 2.5, and is zoned for B2 industrial use. It is the third of five Confirmed List sites available in the current IGLS programme phase. The tender for this site will close on 23 December 2025 at 11:00 am.

Interested parties can acquire the Tenderer’s Packet for $135 (S$185.30), inclusive of GST, through the official JTC website. This initiative is part of JTC’s ongoing efforts to facilitate industrial growth and development in Singapore by offering strategically located sites with flexible leasing options.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Join The Community

Join The Community

NEWSFLASH

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.