The Urban Redevelopment Authority (URA) has awarded the tender for the industrial site at Tuas View Square to SCB Terraform Pte Ltd. SCB Terraform submitted the highest bid of S$7.33 million for the site. That translates to S$1,882.06 per square metre of gross plot ratio. The site was launched for public tender on May 24 on a 45-year lease and closed on June 29. The 4,352.5-square metre site has a...
Tuas View Square
SINGAPORE: The Urban Redevelopment Authority (URA) has launched the tender for an industrial site at Tuas View Square. The land parcel was available for sale through the Reserve List system in November last year. The tender was triggered because URA has received an application from a developer for the site. The developer has committed to bid at a price of not less than S$4.9 million for the land...