The Business Times
SUBSCRIBERS

Weak demand seen for two industrial sites put up for sale by JTC

Two other tenders that closed on Tuesday, in Tampines and Ubi industrial estates, each drew five bids and soft prices

google-preferred-sourceAdd BT as a preferred source
Published Tue, Aug 25, 2015 · 09:50 PM
    Tampines Industrial Drive (Plot 12) and Tanjong Penjuru

    Singapore

    TWO sites zoned for heavier industrial use or Business 2 development at Tampines Industrial Drive (Plot 12) and Tanjong Penjuru were launched on Tuesday for sale by public tender, for which consultants are expecting to see weak demand due to their short 20-year tenures.

    Such softness was also evident in the bidding interest for the two tenders that closed on Tuesday that each drew five bids, they pointed out.

    JTC

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More