JTC awards tender for industrial site at Ubi Avenue 1
13 Aug 2025
JTC has awarded the tender for the industrial site at Ubi Avenue 1 to AL Tyres Pte Ltd at a tendered sum of $12,889,000. Launched on 29 April 2025, the tender closed on 8 July 2025, with one bid received.
The particulars of the awarded land parcel are as follows:
| Location | Zoning | Site Area (sqm) | Tenure | Gross Plot Ratio | Project Completion Period |
|---|---|---|---|---|---|
|
Ubi Avenue 1 |
Business 2 |
6,103.3 |
23 years |
2.5 |
60 months |