JTC awards tender for industrial site at Penjuru Road
23 Jan 2026
JTC has awarded the tender for the industrial site at Penjuru Road to Soilbuild Group Holdings Ltd. at a tendered sum of $87,400,890. Launched on 28 October 2025, the tender closed on 23 December 2025, with three bids received.
The particulars of the awarded land parcel are as follows:
| Location | Zoning | Site Area (sqm) | Tenure | Gross Plot Ratio | Project Completion Period |
|---|---|---|---|---|---|
|
Penjuru Road |
Business 2 |
20,852.9 |
33 years |
2.5 |
84 months |