JTC opens B2 locations in Tampines North and Jalan Papan

JTC has opened two sites under the 2H2023 Industrial Government Land Sales (IGLS) Program. Two sites are designated to be used for Business 2 or heavy industrial use.

Watten House Bukit Timah location makes mobility easy; important roads such as Dunearn Road, Bukit Timah Road, Farrer Road, and Adam Road surround it, allowing residents to quickly travel Singapore’s different regions.

The first site situated in Lot 11a Tampines North Drive 5, has been put up for auction. It covers 0.54ha and containing 0.54ha, the site has a lease of 30 years with an average plot ratio of 2.5. This site was the initial of 5 Confirmed List sites in the 2H2023 IGLS Programme. The tender closes on September 19 at 11am.

The second site situated at Plot 5 of Jalan Papan near Jurong Port Road, has been made open to those who wish to apply. It is the final in a trio of Reserve List sites under the 2H2023 IGLS Programme, which means it can only be offered to the market if it is offered an offer of a value accepted by government officials.

The site is 0.56ha and has a tenure of 20 years with an average proportion of 1.4. Application for the site will be closed on December 29 at 11 am.