Soilbuild Group bags Sengkang West industrial site for $156.11m

The tender closed on 19 August with four bids submitted.

JTC has awarded the Sengkang West industrial site to Soilbuild Group Holdings at a tendered sum of $156.11m.

The site, covering 23,196.6 sq. m. was launched for tender on 24 June and closed on 19 August with four bids submitted.

The plot comes with a 33-year lease, a gross plot ratio of 2.5, and an 84-month completion period.

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JTC Corporation

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