JTC awards 3 industrial sites at Tampines and Tuas South Link 2
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
JTC Corporation has awarded its tenders for three industrial sites at Tampines Industrial Drive and Tuas South Link 2 to the highest bidders.
The 4,112.5-square-metre (sq m) site at Tampines Industrial Drive (Plot 7) was awarded to Chye Thiam Maintenance at S$2.98 million. Two bids were received in this tender.
The 5,077.8-sq-m site at Tampines Industrial Drive (Plot 5) was awarded to Precise Development at S$3.61 million. Three bids were received.
As for the 4,802.1-sq-m site at Tuas South Link 2 (Plot 9), it went to Texas Petrochemical Asia Pacific Pte Ltd at S$2.20 million. Two bids were received.
The three sites come under "Business 2" zoning and have 20 years' tenure, with a gross plot ratio of 1.4.
Copyright SPH Media. All rights reserved.
TRENDING NOW
‘Boring’ is the new black: The stars are aligning for a Singapore stock market revival
Near sell-out launches in March boost developer sales to 1,300 units after four slow months
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Genting Singapore’s Lim Kok Thay receives S$7.5 million pay package for FY2025
