JTC has announced the launch of three industrial sites under the first half of the 2025 Industrial Government Land Sales (IGLS) Programme, featuring an additional three-year lease tenure. The sites, located at Gul Drive, Plot 3 Gambas Way, and Tuas Road, are part of efforts to enhance the industrial land lease framework in Singapore.
The Gul Drive site, with a gross plot ratio of 1.4 and zoned for B2 industrial use, is available for tender until 20 May 2025. It is the third of seven Confirmed List sites for the first half of the 2025 IGLS Programme. Meanwhile, Plot 3 Gambas Way and Tuas Road are Reserve List sites, available for application under the Reserve List system. This system allows a land parcel to be released for sale only if it receives an acceptable minimum bid price.
The Gambas Way site spans 0.69 hectares with a gross plot ratio of 2.0, whilst the Tuas Road site covers 2.18 hectares with a gross plot ratio of 1.4. Both are zoned for B2 industrial use and offer a 33-year lease tenure. Applications for these sites can be submitted to JTC, with the Gambas Way tender closing on 30 June 2025.
These developments are part of Singapore’s broader strategy to optimise industrial land use and support economic growth. The extended lease tenures aim to provide businesses with greater certainty and flexibility in their operations. Interested parties can purchase the Tenderers’ Packet for $185.30, inclusive of GST, to participate in the tender process.
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