2 industrial sites at Buroh Street, Woodlands sold for $113.8m

Find out who bought the sites.

According to a release, JTC Corporation has awarded the tenders for two industrial sites at Buroh Street and Woodlands to the highest tenderers of the sites.

The tender for the Buroh Street site was launched on 20 November 2012 and closed on 2 January 2013, with 7 bids submitted. For the Woodlands site, the tender was launched on 31 October 2012 and closed on 26 December 2012, with 6 bids submitted.

Capital Development Pte Ltd and ZACD Investments Pte Ltd bought the industrial site at Buroh Street for a whopping $82.1m.

Bohai Investments (Sengkang) Pte Ltd and Punggol Drive Investments Pte Ltd bought the site off Woodlands Avenue 10 for $31.7m.