• Published Date: 08 Mar 2022

    The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Bukit Batok West Avenue 8 for tender on 23 December 2021.

    2      The details of the land parcel are as follows:

     Site Details
     Location  Bukit Batok West Avenue 8
    Proposed Development
    Executive Condominium Housing
    Site Area 12,449.3 sq m
    Maximum GFA 37,348 sq m
    Maximum Building Height 60-70m Singapore Height Datum (SHD)
    Estimated No. of Housing Units 375*
    Lease Term 99 years
     Project Completion Period  60 months from the date of acceptance of tender

    *Actual number of housing units proposed by developer may vary.

    3      The tender closed at 12pm today with 9 bids received. The details of the provisional tender results are below:

    Name of Tenderer
    Tender Price ($)
    $psm/GFA ($)
    1 CNQC-OS (2) Pte. Ltd. and SNC Realty Pte. Ltd.   $266,000,000.00 $7,122.20
    2 Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.    $253,888,000.00 $6,797.90
    3 Sing Holdings Residential Pte. Ltd., MCC Land (Singapore) Pte. Ltd. and Cedar Investments Pte. Ltd.   $252,100,000.00 $6,750.03
    4 Four C Residence Pte Ltd., HST JV Pte Ltd. and Four Link Engineering Pte Ltd.  $250,000,999.00 $6,693.83
    5 CSC Land Group (Singapore) Pte. Ltd.    $249,248,600.64 $6,673.68
    6 Gamuda (Singapore) Pte Ltd and Evia Real Estate (9) Pte Ltd           $245,688,999.00 $6,578.37
    7 Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd $245,500,000.00 $6,573.31
    8 Tarak Properties SG Pte. Ltd. $242,500,000.00 $6,492.98
    9 JBE (S) Pte. Ltd.

    4      A decision on the award of the tender will be made after the bids have been evaluated. This will be published at a later date.