Ho Bee Land wins S$223.6m tender for biomedical sciences facility at one-north

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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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