JTC awards Lok Yang Way industrial site tender to Soilbuild for $70.08m

The site spans 18,605.5 square metres, with a tenure of 30 years.

JTC has awarded the tender for the industrial site at Lok Yang Way to Soilbuild Group Holdings Ltd, for a tendered sum of $70.08m.

The site spans 18,605.5 square metres, with a tenure of 30 years. It is zoned Business 2.

Soilbuild Group Holdings Ltd outbid two other competitors to win the site.

The site was launched for tender on 27 August 2024, with the tender closing on 22 October 2024.

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