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JTC awards Tanjong Penjuru industrial site to Trans Eurokars

JTC announced on Friday that it has awarded the tender for an industrial site at Tanjong Penjuru to Trans Eurokars Pte Ltd, which submitted the highest bid at S$13 million.

The tender for the 16,307.9-square metre site, with a gross plot ratio of 2.5, was launched on Aug 25, 2015, and closed on Oct 20. Only two bids were submitted.