Tender for industrial site at Tampines North Drive 4 awarded to Soon Hock for $113.9 mil

/ EdgeProp Singapore |
Location plan for Tampines North Drive 4 (Plot 7) (Picture: JTC)
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SINGAPORE (EDGEPROP) - JTC has awarded the tender for the industrial site at Tampines North Drive 4 (Plot 7) to Soon Hock Property Development for a tendered sum of $113.9 million. Launched on Jan 31, the tender closed on March 28, with four bids received.
The site has an area of 20,305.7 sq m (218,569 sq ft) and a gross plot ratio of 2.5. The site also has a 30-year tenure. It is zoned for Business 2 or heavier industrial use.
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