Asiaone Logistics wins tender for Tuas industrial site

The tender for an industrial site at Tuas South Street 9 has been awarded to the highest tenderer, Asiaone Logistics & Warehousing Pte Ltd, at a tendered sale price of S$7,038,000.

In a press release on Monday (Jan 19), JTC Corporation (JTC) said the tender for the site had attracted four bids.

The site has an area of 8,369 square metres with a tenure period of 20 years and seven months.

Meanwhile, JTC said that the bids submitted by the two tenderers for an industrial site at Tanjong Penjuru were not accepted as the prices offered were too low.

The tenders for the sites at Tuas South Street 9 and Tanjong Penjuru were launched on Oct 28, 2014 and had closed on Dec 23, 2014.

Source : Channel NewsAsia – 19 Jan 2015

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