JTC has accepted an application to put up an industrial site at 160 Gul Circle for sale by public tender.

The land parcel was made available for application through the Reserve List system under the first half 2020 IGLS Programme. JTC received an application with a committed bid price of not less than $2,000,000 for 160 Gul Circle. As the minimum bid price committed by the applicant is acceptable to the Government, the site will be released for sale by public tender.

Under the Reserve List system, JTC is to make public the minimum bid price committed for the site. However, the identity of the applicant will not be released. The public tender for the land parcel is scheduled on 25 August 2020 with a tender period of six weeks.

Reserve Site to be made available for public tender: