Kok Tong Transport & Engineering Works wins bid for Jalan Papan Plot 5 site

Kok Tong Transport & Engineering Works won the bid for $3.45m.

JTC has awarded the tender for the Jalan Papan (Plot 5) industrial site to Kok Tong Transport & Engineering Works.

The tender, which was launched on 30 July and closed on 24 September, received two bids.

Kok Tong Transport & Engineering Works won the bid for $3.45m. The other bid was made by South East Battery Service for $3.08m.

Zones “Business 2”, the site spans 5,641 sqm with a gross plot ratio of 1.4. The site has a tenure of 20 years.

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