• Published Date: 13 Sep 2022

           The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Bukit Batok West Avenue 5 for sale by public tender on 28 June 2022.


    2     The details of the land parcel are as follows:

    Site Details

    Location

    		 Bukit Batok West Avenue 5
    Proposed Development Executive Condominium Housing
    Site Area
    		 16,623.7 sq m
    Maximum GFA 49,872 sq m
    Maximum Building Height 60-70m Singapore Height Datum (SHD)
    Estimated No. of Housing Units 495*
    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 4 bids received. The details of the provisional tender results are below:

    S/N Name of Tenderer Tender Price
    ($)     		 $psm/GFA
    ($) 
     1 CDL Zenith Pte. Ltd.
    		 $336,068,000.00 $6,738.61 
     2  Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd $335,508,000.00  $6,727.38 
     3 Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.
    		$332,526,222.00  $6,667.59 
     4  CNQC-OS (3) Pte Ltd and Santarli Realty Pte Ltd $331,001,000.00 $6,637.01

     

    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.