JTC Awards Tender for Industrial Site at 160 Gul circle
10 Dec 2020
JTC has awarded the tender for the industrial site at 160 Gul Circle to New Century Integration Pte Ltd, at a tendered sum of $2,200,000.00. Launched on 25 August 2020, the tender closed on 6 October 2020, with four bids received.
The particulars of the awarded land parcel are as follows:
| Location | Site Area (sqm) | Tenure | Gross Plot Ratio | Tender Closing |
|---|---|---|---|---|
|
160 Gul Circle Business 2 |
3,686 |
20 years |
1.4 |
60 months |
Separately, the tender for the industrial site at Tampines North Drive 3 (Plot 2) will not be awarded. The tender for the site was launched on 25 August 2020 and closed on 20 October 2020 with one bid submitted. The bid was not accepted as the proposed usage is non-compliant.