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Singapore's JTC awards tenders for two industrial sites

JTC Corporation has awarded the tenders for two industrial sites.

The plot at Tuas South Street 9 (Plot 50) has been awarded to Prospaq Group for S$6.88 million. The 8,369 square metre site is zoned Business 2. The tenure for the site, which has a gross plot ratio of 1.0, is 20 years and 8 months.

The second plot, at Tampines North Drive 1 (Plot 1), has been awarded to Goldprime Land, for S$64.4 million. The 27,395.2 square metre site has a gross plot ratio of 2.5. The land tenure is 30 years.