Soon Hock was chosen in a bid for an industrial site at Tampines North Drive 4 for $113.9 million

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JTC has granted its tender to the industrial site located at Tampines North Drive (Plot 7) to Soon Hock Property Development for an amount that was offered in the amount of $113.9 million.

It was announced on January 31st, the tender ended on March 28, and there were four bids accepted.

The site is spread over 20,305.7 sq meters (218,569 sq feet) and an average plot ratio of 2.5. This site is also subject to a thirty-year tenure. It is zoned to Business 2 or heavier industrial use.