JTC Corporation has awarded the tender for an industrial site at Jalan Buroh to Soilbuild Group Holdings Ltd, following a competitive bidding process. The site was launched for tender on 31 March 2026 and closed on 9 June 2026, attracting three bids in total. Soilbuild Group’s successful bid amounted to S$214m.
The awarded land parcel, located at Jalan Buroh, is zoned for Business 2 use. It spans an area of 31,151.5 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. The project is expected to be completed within 84 months from the award date.
This development is significant as it reflects ongoing interest and investment in Singapore’s industrial sector. The strategic location and zoning of the site make it a valuable asset for Soilbuild Group, which is known for its expertise in constructing and managing business spaces.
The successful bid by Soilbuild Group is expected to contribute positively to the industrial landscape in the area, potentially attracting further business activities and investments.
