JTC awards tender for industrial site at Gul Drive
09 Jul 2025
JTC has awarded the tender for the industrial site at Gul Drive to Lucky Joint Construction Pte. Ltd. at a tendered sum of $4,800,800. Launched on 25 March 2025, the tender closed on 20 May 2025, with seven bids received.
The particulars of the awarded land parcel are as follows:
| Location | Zoning | Site Area (sqm) | Tenure | Gross Plot Ratio | Project Completion Period |
|---|---|---|---|---|---|
|
Gul Drive |
Business 2 |
4,876.3 |
23 years |
1.4 |
60 months |