JTC has awarded the tender for the industrial site at Jalan Papan (Plot 2) to Setsco Services Pte Ltd, at a tendered sum of $7,000,000. Launched on 26 July 2022, the tender closed on 20 September 2022, with two bids received.
The particulars of the awarded land parcel are as follows:
Location | Zoning | Site Area (sqm) | Tenure | Gross Plot Ratio | Project Completion Period |
---|---|---|---|---|---|
Jalan Papan (Plot 2) |
Business 2 |
12,400.4
|
20 years |
1.4 |
60 months |