Award of tender at Paya Lebar Road/Sims Avenue commercial site

Award of tender at Paya Lebar Road/Sims Avenue commercial site
Along Upper Paya Lebar Road, spanking new industrial complexes on one side of the road (left) share the skyline with old industrial buildings and shophouses on the other side.

SINGAPORE - Roma Central Pte Ltd, Milano Central Pte Ltd and Verona Central Pte Ltd have won the tender for the commercial site at Paya Lebar Road/Sims Avenue.

The companies submitted the highest bid of $1,671,688,888 in the tender for the site.

The tender for the 99-year lease land parcel was launched on October 28 last year and closed on March 31 this year.

debwong@sph.com.sg

 

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