SPC awarded site at Punggol Central

SPC Petrol Station at Punggol Central

Singapore Petroleum Company (SPC) has been awarded a 30 year lease for the development of a new petrol station location at the junction of Punggol Central and Edgefield Plains.

SPC secured the lease through an e-bidding tender process with a winning bid of $8.5 million. This will also mark the 40th service station for SPC in Singapore.

Commenting on the acquisition, Mr Chris Keong, Senior Vice-President, Marketing, said, “This is a strategic location to augment and strengthen SPC’s existing service station network to provide greater customer reach and convenience. We are very excited with the potential of this new site given the plans to develop Punggol into a model estate for future HDB residential projects. Touted as the place to live, Punggol will boast a wide range of recreational facilities, lifestyle amenities and waterfront living infrastructure with a projected 96,000 dwelling units. Indeed, SPC’s new service station is nestled in the heart of Punggol to cater to the needs of a vibrant community.”

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