29 Jan '14, 3am

JTC awards tender for 3 industrial sites in Tuas | | CommercialGuru | #industrial #jtc #singapore #sgproperty

Jan 29, 2014 - CommercialGuru.com.sg E-mail to friend Bookmark & Share JTC Corporation yesterday announced that it has awarded tender for three industrial sites at Tuas South Street 10. The sites, including Plot 20, Plot 22 and Plot 24, were launched for tender in October and received a total of 14 bids for all three sites at the exercise’s close in December. The 32,681 sq ft Plot 20 has been awarded to The Hi-Fi Company for a tender sale price of S$3.10 million. Plot 22, which measures 32,679 sq ft, has been awarded to Brown Metal Engineering for S$3.23 million, while the 48,988 sq ft site, Plot 24 was sold for S$4.6 million to E C Builders. Each site has a 21-year-7-month tenure and gross plot ratio of 1.0. The sites are zoned for Business-2 development. Nikki De Guzman , Junior Journalist at PropertyGuru, edited this story. To contact her about this or other stories ema...

Full article: http://www.commercialguru.com.sg/property-management-news...

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