Press
Soon Hock Holdings wins S$89 Million Tender for Tuas Link Close Industrial Site
Soon Hock Holdings has emerged as the successful bidder for a prime industrial site in Tuas Link Close, securing the plot for S$89 million. The tender, launched by JTC on 24 June 2025, closed on 19 August 2025 and drew interest from four competing parties.
Source
28 Dec 2025
JTC awards tender for industrial site at Tuas Link Close
JTC has awarded the tender for the industrial site at Tuas Link Close to Soon Hock Land Pte Ltd, at a tendered sum of $88,999,000. Launched on 28 November 2023, the tender closed on 27 February 2024, with three bids received.
Source
JTC
01 Oct 2025
Enhancements to the Industrial Land Lease Framework
The Alliance for Action (AfA) on Business Competitiveness, formed by the Ministry of Trade and Industry (MTI) and the Singapore Business Federation (SBF) in 2024, had recommended for the Government to consider providing longer lease tenures and
Source
JTC
06 Mar 2025
Additional three years of lease tenure for sites launched in Industrial Government Land Sales Programme
As announced at MTI’s Committee of Supply (COS) debate on 6 March 2025, JTC will be granting an additional three years of lease, with payable land rent/premium
Source
MTI
10 Mar 2025
