• Published Date: 22 Jul 2021

           The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Tampines Street 62 (Parcel A) for tender on 15 April 2021.


    2     The details of the land parcel are as follows:

    Site Details 
    Tampines Street 62 (Parcel A)
    Proposed Development Executive Condominium Housing
    Site Area
    23,799.2 sq m
    Maximum GFA
    59,498 sq m
    Maximum Building Height 63-64m Singapore Height Datum (SHD)
    Estimated No. of Housing Units 590*
    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:

     S/N Name of Tenderer  Tender Price ($)  $psm/GFA ($)
     1 QJ-OS Pte. Ltd. and Santarli Realty Pte. Ltd. 
    $422,000,000.00 $7,092.68
     2 Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.  $416,283,400.00 $6,996.59
     3 Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd.  $415,280,000.00 $6,979.73
     4 Tarak Properties SG Pte. Ltd. $406,988,000.00 $6,840.36
     5 MCC Land (Singapore) Pte Ltd $401,080,000.00
     6 CSC Land Group (Singapore) Pte. Ltd. 
     7 GLL C Pte. Ltd.
     8 Sim Lian Land Pte Ltd   
    $366,666,000.00 $6,162.66
     9 EL Development 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.