211 views
Sincerely Media via Unsplash.

JTC grants Ubi Avenue 1 site tender to AL Tyres for $12.89m

The tenure is 23 years.

AL Tyres Pte Ltd has won the tender for the industrial site at Ubi Avenue 1.

Tendered sum is $12.889m, Jurong Town Corporation (JTC) said in an announcement on 13 August 2025.

AL Tyres Pte Ltd was the sole bid for the site, which was launched for tender on 29 April 2025 and closed on 8 July 2025.

The land parcel is zoned “Business 2” and has a site area of 6,103.3 square meters.

Tenure is 23 years whilst gross plot ratio is 2.5.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

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.