JTC awards tender for industrial site at Pioneer Road
28 Aug 2025
JTC has awarded the tender for the industrial site at Pioneer Road to Hock Lian Seng Holdings Limited at a tendered sum of $88,190,020. Launched on 27 May 2025, the tender closed on 22 July 2025, 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 |
---|---|---|---|---|---|
Pioneer Road |
Business 2 |
28,058.4 |
33 years |
2.5 |
84 months |