JTC Sale of Site Industrial Development

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JTC Sale of Site Industrial Development JTC Sale of Site Industrial Development LAND PARCEL @ JALAN PAPAN CHOICE LOCATION -------------------------------------------------------------------------------------------------------------------------------------------------------------- The land parcel is strategically located near well-established industrial estates which are home to a host of global businesses. It is also situated near Jurong East and Clementi that provide a ready pool of labour. Businesses and workers alike will enjoy from the vibrant work-live-play environment due to amenities such as Jurong Stadium and Chinese Garden and retail choices such as JEM and Westgate in the vicinity. EXCELLENT CONNECTIVITY ----------------------------------------------------------------------------------------------------------------------------------------------------------- The land parcel is easily accessible from the Ayer Rajah Expressway (AYE), Jalan Ahmad Ibrahim and major arterial roads, providing seamless connectivity to other parts of the island. Commuters are also well-served by Jurong East, Lakeside and Boon Lay MRT stations. It is also in close proximity to the Tuas Second Link that provides direct access to Malaysia. TENDER BRIEF JTC is inviting tenders for the development of the Land Parcel described below for and on behalf of the Government of the Republic of Singapore: 1. Particulars of Land Parcel 6. Developer’s Packet PLANNING PARAMETERS PROVISION / REQUIREMENT Developer’s Packet containing the Conditions of Tender, Location Jalan Papan (Plot 6) Technical Conditions of Tender and other relevant documents for Site Area 6,599.9 sqm the tender is available at $107 (inclusive of GST) and can be Lease Period 20 Years purchased at: https://csp.jtc.gov.sg/portal/ Land use / Zoning Industrial (Business 2) iglsdocumentpurchase.aspx List of prohibited uses applies * 7. Enquiries Permissible Gross Plot Ratio 1.12 (Min) 1.4 (Max) For more information, please contact: Maximum Building Height 120m AMSL ** Tan Seow Ling: Project Completion Period 60 Months (65) 6883 3312 [email protected] * Refer to Clause 5(b) of the Conditions of Tender ** Above Mean Sea Level Jolene Deng: The Tender Deposit shall be (65) 6883 3541 2. Submission of Tender forfeited if the tenderer withdraws [email protected] his tender during the All tenders must be deposited: Tender Validity Period. Contact Centre Hotline: 1800-568 7000 (a) in Tender Box 5 [email protected] Ground Floor Tenders submitted without the The JTC Summit Tender Deposit will be disqualified. 8 Jurong Town Hall Road 8. Tender Terms & Requirements 4. Acceptance of Tender Singapore 609434 This tender brief is meant to (b) by 25 February 2020 Tenders shall remain valid (Tuesday) highlight only some of the before 11:00 am for acceptance for ten principal points of the tender (10) weeks from the said and does not form part of the date of submission of tenders. Any tender submitted after 11:00 am tender documents. All tenders However, JTC may by notice shall comply with the terms and on the tender submission in writing to each tenderer date will not be considered. requirements as stipulated in the extend the validity period of "Conditions of Tender" and his tender by such further "Technical Conditions of Tender" 3. Tender Deposit period not exceeding two (2) contained in the Developer's weeks. Every tenderer shall pay a tender Packet, together with all the other documents supplied and deposit of at least five percent JTC reserves the right to contained in the Developer's (5%) of the tendered sale price. reject the highest bid price Packet or otherwise made or any tender or any part available or known by JTC. The tender deposit mentioned thereof. in Condition 12 of the Conditions of Tender (“Tender Deposit”) may 5. Payment of Sale Price be paid by any one or more of The Successful Tenderer the following methods: shall pay the bid sale price as follows:- (a) Cashier’s Order (b) Bank Transfer (a) 25% (less the Tender Deposit) (c) Bank Guarantee and GST on 25% of the (d) Insurance Guarantee bid sale price within twenty- eight (28) days from the Payment in CASH or by CHEQUE date of JTC’s acceptance or any other means WILL NOT of this tender; and the 28 BE ACCEPTED. Please refer to days shall include the date the Conditions of Tender for of JTC’s acceptance. detailed requirement. (b) 75% and the GST thereon within ninety (90) days of The Tender Deposit will be returned acceptance of this tender; to all unsuccessful tenderers. and the 90 days shall include the date of JTC’s acceptance. Tenderers are urged to exercise prudence in the submission of their tenders. .
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