The tender for a 20,937.7 sq m industrial site at Woodlands Avenue 12 has been awarded to Soon Hock Investment Group, which submitted a bid of $82 million, announced industrial landlord JTC.
Zoned for Business 2 use, the 30-year leasehold site has a gross plot ratio of 2.5 and a project completion period of 84 months.
“The tender for the site was launched on 26 December 2018 and closed on 13 February 2019, with six bids submitted,” JTC said.
Romesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email email@example.com