Tuas View Square site gets $7mln top bid

SCB Terraform was the highest bidder for the 4,352.5 m² industrial site.

Allowable development for the site at Tuas View Square is Business 2.

The site was launched for public tender on 24 May 2011. It was originally on the Reserve List of the Government Industrial Land Sales Programme.

On 10 May 2011 the Urban Redevelopment Authority had accepted a successful application for the site to be put up for sale. The site was offered for sale on a 45-year lease.

A decision on the award of the tender will be made after the bids have been evaluated.

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