JTC has awarded the tender for an industrial site at Sengkang West to Soilbuild Group Holdings Ltd. The successful bid, amounting to S$156m, was part of a competitive tender process that closed on 19 August 2025, following its launch on 24 June 2025. The site attracted four bids in total.
The awarded land parcel is designated under the Business 2 zoning, which typically accommodates heavier industrial uses. It spans an area of 23,196.6 square metres and comes with a tenure of 33 years. The site has a gross plot ratio of 2.5, allowing for significant development potential. Soilbuild Group is expected to complete the project within 84 months.
This development is significant as it highlights the ongoing demand for industrial spaces in Singapore, particularly in strategic locations like Sengkang West. The successful tender by Soilbuild Group underscores their commitment to expanding their industrial portfolio and contributing to Singapore’s industrial landscape.
The award of this tender is part of JTC’s broader strategy to optimise industrial land use in Singapore, ensuring that it meets the evolving needs of businesses. The development of this site is anticipated to bolster economic activity in the region, providing new opportunities for businesses and contributing to the local economy.
