Provisional Tender Results For Land Parcel Sengkang E6 At Compassvale Bow For Executive Condominium (EC) Housing Development & Upcoming Sale Of Site Under Design, Build & Sell Scheme (DBSS)
 
Date issued : 04 Mar 2010

 The Housing & Development Board (HDB) launched the sale of Sengkang E6 at Compassvale Bow on 15 Jan 2010.

2The details of the land parcel are as follows:
Location Compassvale Bow (PDF 351KB)
Land Area19,000 sq m
Maximum Gross Floor Area (GFA) [GPR]57,000 sq m [3.0]
Proposed DevelopmentExecutive Condominium Housing
Lease Term99 years

3The tender closed at 12 noon today with 11 bids received. The details of the provisional tender results, which can also be viewed here

S/N
Name of Tenderer
Tender Price ($)
$psm/GFA ($)
1
Opal Star Pte Ltd & Lum Chang Building Contractors Pte Ltd
$193,280,000
3,391
2
MCC Land (Singapore) Pte. Ltd.
$190,700,000
3,346
3
Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd & Hoi Hup J.V. Development Pte Ltd
$181,190,000
3,179
4
Maxdin Pte Ltd
$166,000,000
2,912
5
ChoiceHomes Investments Pte Ltd / CEL Development Pte Ltd
$165,388,889
2,902
6
Sim Lian Land Pte Ltd
$163,900,000
2,875
7
FCC Net Pte Ltd
$156,000,000
2,737
8
Qingjian Realty Pte Ltd
$153,888,777
2,700
9
Tuas Hi-Tech Park Pte Ltd
$143,333,333
2,515
10
Sunmaster Holdings Pte. Ltd.
$140,380,000
2,463
11
Boon Keng Development Pte Ltd
$121,800,000
2,137

4HDB will evaluate the provisional tender results and announce the final tender results within the next two weeks.


Upcoming Sale of Site Under Design, Build & Sell Scheme


5In March or April 2010, HDB will also tender out a land parcel along Yishun Avenue 11 for housing development under the Design, Build & Sell Scheme (DBSS). The site will have a potential yield of 700 flats. More details will be provided at the launch of the tender for the site