Provisional Tender Results - Sale Of Land Parcel Sengkang S7 At Sengkang West Avenue / Fernvale Link For Condominium Housing Development
 
Date issued : 04 Feb 2010


     
    The Housing & Development Board (HDB) launched the sale of the Land Parcel Sengkang S7 at Sengkang West Avenue / Fernvale Link (PDF 718KB) on 8 Jan 2010.

    2The details of the land parcel:

    LocationSengkang West Avenue /
    Fernvale Link
    Land Area16,998.8 sq m
    Proposed DevelopmentCondominium Housing
    Maximum Gross Floor Area (GFA) [GPR]50,996.4 sq m [3.0]
    Lease Term99 years
    Minimum Offer PriceS$70,000,000

    3The tender closed at 12 noon today with 10 bids received. The details of the provisional tender results, which can also be viewed at http://www.hdb.gov.sg/hdblandsales, are:

    S/N
    Name of Tenderer
    Tender Price
    ($)
    $psm/GFA
    ($)
    1
    		Sunmaster Holdings Pte. Ltd.
    $200,500,000
    3,932
    2
    		Tuas Hi-Tech Park Pte Ltd
    $177,000,000
    3,471
    3
    		Frasers Centrepoint Limited
    $176,908,000
    3,469
    4
    		CEL Development Pte Ltd
    $168,519,975
    3,305
    5
    		Allgreen Properties Limited
    $165,890,000
    3,253
    6
    		First Changi Development Pte Ltd
    $163,800,000
    3,212
    7
    		Hoi Hup Realty Pte Ltd And Sunway Developments Pte Ltd
    $156,800,000
    3,075
    8
    		Peak Green Pte Ltd
    $125,000,000
    2,451
    9
    		Sim Lian Land Pte Ltd
    $116,380,000
    2,282
    10
    		Lippo Estates (S) Pte Ltd
    $115,600,000
    2,267

    4HDB will evaluate the provisional tender results and the tender will be awarded within the next two weeks.
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