JTC Corporation has put a land parcel at L7 Pioneer Road/Tuas Avenue 11 for sale by public tender on Monday after it received a bid of $5.9 million on July 18. The closing date of the tender is Oct 18 at 11am.
The site area is 21,871 sqm. It has a maximum permissible gross plot ratio of 1.4 and an approximate maximum gross floor area of 30,619.4 sqm.
The site is zoned for Business 2 development and has a lease period of 30 years. -- BT
Read the full report in tomorrow's The Business Times.
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