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Maindboard-listed Ho Bee Land's subsidiary, HB Universal, has been awarded the concept and price tender to build, own and operate Biopolis Phase 6 at one-north by JTC Corporation, said Ho Bee in a statement on Monday.
Ho Bee's S$223.6 million tender to JTC was the winning bid among four submissions. The tender closed on Dec 4, 2019.
Biopolis Phase 6 will be the latest development in the Biopolis precinct, to be completed in 2022. The 12-storey mixed-used facility will add another 35,000 square metres (sq m) of business park space for biomedical sciences (BMS) research and supporting activities, and 6,000 sq m for office and retail use, said Ho Bee, adding that the new building will be home to a community of researchers and entrepreneurs.
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February new home sales surged 57.3% to 975 units: URA
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Agent.sg's Daily Property News Selection brings you the most important property market news in and around Singapore. We list the best articles on real estate development, property investment and on the property listing market on a daily basis - whoever stays out, misses out.
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