News Flash! JTC Awards Gul Avenue Tender to SING TECK LEONG
News Extracted from Business Times (11 Aug 2021), Jamie Lee
JTC has awarded the tender for the industrial site at Gul Avenue (Plot D) to Sing Teck Leong Marketing & Resources Pte Ltd, at a tendered sum of S$3.47 million.
Launched on April 27, 2021, the tender closed on June 22, 2021, with two bids received, JTC said on Wednesday.
Gul Avenue (Plot D) has a site area of 5,832.6 square metres, with a tenure of 20 years. The awarded land parcel has a gross plot ratio of 1.4, and is zoned "Business 2". The project completion period is 60 months.