Provisional Tender Results - Sale of State Land Parcel Jurong West S7 at Westwood Avenue for Landed Housing Development Under The Reserve List of GLS Programme
 
Date issued : 08 Dec 2009


           The Housing & Development Board (HDB) launched the sale of the Land Parcel Jurong West S7 at Westwood Avenue on 9 Nov 09.

2         The details of the land parcel:
      Location Westwood Avenue (1178KB)
      Land Area 14,098.9 sq m
      Proposed Development Landed Housing
      Lease Term 99 years
      Minimum Offer Price S$15,000,000

3         The tender closed at 12 noon today with 32 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 ($)
$psm ($)
1
Chappelis Pte Ltd
$38,500,000.00
2,731
2
Hoi Hup Realty Pte Ltd And Sunway Developments Pte Ltd
$38,009,000.00
2,696
3
Act - Nobel Homes Pte Ltd
$35,121,000.00
2,491
4
CEL Development Pte Ltd
$32,345,688.00
2,294
5
Alliance Development Pte Ltd
$31,200,000.00
2,213
6
Top Global Ltd
$31,111,000.00
2,207
7
Aurum Land (Pte) Ltd
$31,000,000.00
2,199
8
EL Development Pte Ltd
$30,800,000.00
2,185
9
Bishopsgate Developments Pte Ltd
$30,388,888.00
2,155
10
Wah Khiaw Developments Pte Ltd
$30,030,000.00
2,130
11
Soilbuild Group Holdings Ltd
$29,390,000.00
2,085
12
JBE Development Pte Ltd
$29,310,000.00
2,079
13
S P Setia International (S) Pte Ltd
$28,002,255.00
1,986
14
Tuas Hi-Tech Park Pte Ltd
$27,500,000.00
1,951
15
Goodland Sunny Pte Ltd
$27,300,000.00
1,936
16
TGFB Pte Ltd
$26,380,000.00
1,871
17
Sing Holdings Limited
$25,900,000.00
1,837
18
Whye Wah Development & Construction Pte Ltd
$25,611,000.00
1,817
19
CH Development Pte Ltd
$23,890,000.00
1,694
20
Fragrance Homes Pte Ltd
$23,116,000.00
1,640
21
TID Pte. Ltd.
$23,000,000.00
1,631
22
Amerald Land Pte Ltd
$22,888,000.00
1,623
23
HLH Development Pte Ltd
$22,800,000.00
1,617
24
Feature Development Pte Ltd
$21,500,000.00
1,525
25
Wee Hur Development Pte Ltd
$21,300,000.00
1,511
26
Frasers Centrepoint Limited
$18,980,000.00
1,346
27
Prelim Corporation Pte Ltd
$18,800,000.00
1,333
28
Sim Lian Land Pte Ltd
$18,100,000.00
1,284
29
Westwood Development
$18,000,008.00
1,277
30
Gazelle Estates (Pte) Ltd
$18,000,000.00
1,277
31
Phoenix West Development Pte. Ltd.
$17,777,777.60
1,261
32
Boon Keng Development Pte Ltd
$16,800,000.00
1,192


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