• Published Date: 25 May 2021

    The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Tengah Garden Walk for tender on 26 November 2020.

     

    2          The details of the land parcel are as follows:

     

     Site Details
    Location Tengah Garden Walk 
    Proposed Development Executive Condominium Housing
    Site Area 22,020.8 sq m
    Maximum GFA 61,659 sq m
    Maximum Building Height 60m Singapore Height Datum (SHD)
    Estimated No. of Housing Units 615*
    Lease Term 99 years
    Project Completion Period 60 months from the date of acceptance of tender

    *Actual number of dwelling units provided by the developer may vary.


    3          The tender closed at 12pm today with 7 bids received. The details of the provisional tender results are below:

     

     S/N Name of Tenderer  Tender Price 

    $psm/GFA
    ($)  
    1
    		 Taurus Properties SG Pte. Ltd. $400,318,000.00 $6,492.45
    2 CSC Land Group (Singapore) Pte. Ltd. $400,199,999.00 $6,490.54
    3 QJ-OS Pte. Ltd. and Santarli Realty Pte. Ltd.  $382,889,000.00 $6,209.78
    4 Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd $379,100,000.00 $6,148.33
    5 Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. $351,800,000.00 $5,705.57
    6 Sim Lian Land Pte Ltd $339,000,000.00 $5,497.98
    7 GLL B Pte. Ltd. $331,111,404.00 $5,370.04

     

     

    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.