JTC has announced the awarding of the industrial site at Kaki Bukit to Primetop Engineering Pte Ltd, following a tender process that concluded on 21 January 2025. The site was secured with a tendered sum of $11.84m, marking the sole bid received for this parcel.
The Kaki Bukit site, zoned as Business 2, spans an area of 80,363 square metres. It comes with a 30-year tenure and a gross plot ratio of 2.5. Primetop Engineering is expected to complete the project within a 60-month timeframe, aligning with the terms set out in the tender launched on 26 November 2024.
This development is significant as it underscores the continued interest and investment in Singapore’s industrial sector, particularly in strategic locations like Kaki Bukit. The successful bid by Primetop Engineering highlights the company’s commitment to expanding its footprint and capabilities within the region.
The awarding of this tender is part of JTC’s ongoing efforts to facilitate industrial growth and development in Singapore, ensuring that key areas are optimised for business and industrial use. The project is anticipated to contribute to the economic landscape by enhancing infrastructure and providing new opportunities for businesses operating in the area.
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