JTC awards Jalan Papan site tender to SH M&E Engineering for S$7.9m

JTC has awarded the tender for an industrial site at Jalan Papan (Plot 1) to SH M&E Engineering for about S$7.9 million.

The tender was launched on Feb 25 and closed on July 14, with three bids received, JTC said in a press statement on Thursday.

The land parcel has a tenure of 20 years and spans an area of 12,266.6 square metres with a 1.4 gross plot ratio. It is zoned Business 2 for heavier industrial use, with a project completion period of 60 months.

The Jalan Papan (Plot 1) industrial site is the first of three land parcels on the confirmed list under the first half of the 2020 industrial government land sales programme. Confirmed-list sites are launched according to schedule, regardless of demand.