JTC has awarded the tender for an industrial site at Tuas South Link 2 (Plot 5) to the highest bidder, Hiap Shing Construction, which submitted a tendered price of S$3 million, it said in a press release on Thursday (Jan 14). The tender for the site was launched on Sep 29, 2015 and closed on Nov 24, 2015 with three bids submitted, the national developer said. The 5,050 sq m site has a tenure of 20...
Tuas
A new site at Tuas South Street 6 is up for sale, announced JTC Corporation on Tuesday (Feb 24). The 0.7-hectare site was launched for sale by public tender under the first half 2015 Industrial Government Land Sales (IGLS) Programme. The Confirmed List site is zoned for Business-2 development and has a 20-year 3-month tenure, with a maximum permissible gross plot ratio of 1.0, JTC said in its press...
JTC Corporation on Tuesday (July 29) launched two industrial sites at Tuas for sale under the second half 2014 Industrial Government Land Sales (IGLS) programme. The two sites - at Tuas Bay Close and Tuas South Street 7 - were launched as part of the Government's efforts to provide industrial space and offer more choices for industrial development, the company said in its statement. For the Tuas Bay...
The tenders for the first two industrial land parcels in the Industrial Government Land Sales (IGLS) Programme for the first half of this year closed on Tuesday with healthy interest, although the offers were relatively conservative, analysts said. The tender for Plot 45 at Tuas South Street 6 attracted eight bids, with the highest bid from SH Design & Build at S$5.3 million or S$70.17 psf ppr. Down...
Tuas West will be the most viable location for the proposed high-speed rail terminal in Singapore, say experts. This is due to its proximity to Malaysia and greater availability of space. On Monday, Prime Minister Lee Hsien Loong named three possible locations -- Tuas West, Jurong East and the city centre -- for the terminal of the planned high-speed rail link between Singapore and Kuala...
Two industrial sites at Sunview Road and Tuas South Street 8 have been launched for public tender by JTC Corporation. Both sites have been slated for clean and light industrial uses only. The site at Tuas South Street 8 has a shorter tenure of 22 years. This is in line with the government's efforts to make industrial property more affordable. Still, some analysts believe the site will attract strong...
JTC Corporation (JTC) on Tuesday launched for sale by public tender two plots of land at Tuas. The sites at Tuas South Street 6 and 7 are launched under the Industrial Government Land Sales (IGLS) Programme. They have been zoned Business-2, which means the sites can be used for industry and warehouse purposes. Plot 26 at Tuas South Street 7 measures 1.01 hectares, while Plot 31 at Tuas South Street 6...
Four MRT stations added to the East-West MRT line is to open in 2016. The extension, costing $3.5 billion, to serve Tuas, Tuas Crescent, Tuas West and Tuas Link would improve accessibility and connectivity for people who work in Jurong and Tuas. Travelling from Ang Mo Kio to Tuas West, for example, now takes 1hr 40min by train and bus. Once the extension is up, the trip will take 1hr 5min, saving 35...
Niche property developer Soilbuild Group has won the tender to build, own and operate a stack-up factory in the Tuas area. The award for the 5-hectare site at Tanjong Kling Industrial Estate was given out by JTC Corporation. This is the first time that a stack-up factory development has been awarded to a private developer. JTC said Soilbuild clinched the contract because its concept included enhanced...