Tender for Tampines Industrial Ave 4 site awarded to Soon Hock Tuas Development

JTC Corporation has awarded the tender for the Industrial Government Land Sales site at Tampines Industrial Avenue 4 to Soon Hock Tuas Development.

The company submitted the highest bid of about S$33 million.

All in, JTC Corp received 10 bids.

The industrial site, located within Tampines Wafer Fab park, spans an area of 5 hectares.

It has a gross plot ratio of 0.64 to 0.8 which will yield a total Gross Floor Area of close to 40,000 square metres.

The tender for the 30-year lease site closed on May 12.

Source : Channel NewsAsia – 1 Jun 2010

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