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Setsco Services wins tender for Jalan Papan industrial site

The company clinched the site for $7m.

JTC Corporation awarded the tender for the industrial site at Jalan Papan (Plot 2) to Setsco Services Pte Ltd. at a tendered sum of $7m.

The tender for the site opened on 26 July and closed on 20 September.

JTC received two bids for the site.

The Jalan Papan (Plot 2) site is zoned as "Business 2" with an area of 12,400.4 square meters (sqm) and a gross plot ratio of 1.4.

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