JTC awards Tuas industrial site to HLMG Holdings for $6.8m

The 8,380 sqm land parcel is zoned for Business 2 use.

JTC has awarded the tender for an industrial site at 6 Tuas Avenue 14 to HLMG Holdings Pte. Ltd. for $6.8m.

The 8,380 sqm site is zoned for Business 2 use and has a gross plot ratio of 1.4.

It carries a 23-year tenure and a project completion period of 60 months.

The tender was launched on 26 May and closed on 18 August, attracting three bids.

Meanwhile, JTC said it will not award the tender for the Jalan Besut industrial site after the highest bid came in below the reserve price.

That tender was launched on 30 June and closed on 25 August, with four bids received.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia