JTC awards Gul Avenue tender for S$3.47m to Sing Teck Leong Marketing & Resources

JTC has awarded the tender for the industrial site at Gul Avenue (Plot D) to Sing Teck Leong Marketing & Resources Pte Ltd, at a tendered sum of S$3.47 million.

Launched on April 27, 2021, the tender closed on June 22, 2021, with two bids received, JTC said on Wednesday.

Gul Avenue (Plot D) has a site area of 5,832.6 square metres, with a tenure of 20 years. The awarded land parcel has a gross plot ratio of 1.4, and is zoned "Business 2". The project completion period is 60 months.