JTC awards tender for industrial site at Jalan Papan (Plot 5)
15 Nov 2024
JTC has awarded the tender for the industrial site at Jalan Papan (Plot 5) to Kok Tong Transport & Engineering Works Pte Ltd, at a tendered sum of $3,455,000. Launched on 30 July 2024, the tender closed on 24 September 2024, 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 5) |
Business 2 |
5,641 |
20 years |
1.4 |
60 months |