On Nov 20, JTC Corp launched for sale by tender three new industrial plots in the west, one of which is located on Buroh Street and the other two on Tuas South Street 6. The tender closes on Jan 2, 2013. All three sites are zoned for Business 2 developments.
The 30-year leasehold site on Buroh Street has an area of 295,000 sq ft, with a maximum permissible gross plot ratio of 2.5. The two 92,570 sq ft sites on Tuas South Street 6 have leases of 22 years and six months and a gross plot ratio of 1.0. These smaller plots with shorter tenure are targeted at industrialists who need to custom-build their own facilities.
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