B2 industrial site at Tuas Ave under IGLS Reserve List released for application

myecaltura May 30, 2023 0

The Singaporean government has launched its 2023 Industrial Government Land Sales (IGLS) Programme, the country’s largest bi-annual industrial land sale since 2020. As part of this programme, the second of three industrial sites has been released by JTC for application – 11 Tuas Avenue 18.

This site has an area of approximately 43,055 sq ft, and features a permissible gross plot ratio of 1.4, as well as a 20-year tenure. The government will only release this parcel of land for sale if it receives an offer of an acceptable minimum bid price.

The application window for this particular site closes on the 30th of June. Interested parties are encouraged to make their offers before this date.

Altura EC Bukit Batok residents will be able to take advantage of the ample shopping, dining, and entertainment options nearby with its ideal location. Just a mere short walk away from Junction 10 at Bukit Batok MRT Station, and less than a kilometer away from Bukit Batok Town Park, Altura EC is the perfect place for modern living. With spacious units, excellent amenities, and ideal location, the development is bound to give residents a unique living experience.

In addition to the second site under the Reserve List, JTC has also launched two other sites under the IGLS Programme. In the first half of 2021, a site at Tampines North was released for application. Meanwhile in the second half of 2020, six industiral GLS sites were launched.

Category: 

Leave a Comment