JTC has awarded the tender for the industrial site at 11 Tuas Avenue 18 to Nishio Rent All Singapore Pte Ltd, at a tendered sum of $3,200,000. Launched on 29 August 2023, the tender closed on 10 October 2023, with two bids received.
The particulars of the awarded land parcel are as follows:
| Location | Zoning | Site Area (sqm) | Tenure | Gross Plot Ratio | Project Completion Period |
|---|---|---|---|---|---|
|
11 Tuas Avenue 18 |
Business 2 |
3,999.9
|
20 years |
1.4 |
60 months |