• Published Date: 29 Oct 2020

    The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Yishun Avenue 9 for tender on 30 April 2020.


    2          The details of the land parcel are as follows:


      Site Details 
     Location  Yishun Avenue 9
     Proposed Development  Executive Condominium Housing
     Site Area  21,514.0 sq m
     Maximum GFA  60,240 sq m
     Maximum Building Height  56m AMSL
     Estimated No. of Housing Units  600*
     Lease Term  99 years
     Project Completion Period  60 months from date of acceptance of tender

    *Actual number of 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:




    Name of Tenderer

    Tender Price ($)

    $psm/GFA ($)


    Sing Holdings Limited




    Maximus Residential SG Pte. Ltd.




    Intrepid Investments Pte. Ltd. & TID Residential Pte. Ltd.




    EL Development Pte. Ltd.




    CSC Land Group (Singapore) Pte. Ltd.




    Creative Investments Pte. Ltd., Santarli Capital Venture Pte. Ltd. & Kay Lim Realty Pte. Ltd.




    CEL Development Pte. Ltd., Singhaiyi Investments Pte. Ltd. & Ultra Infinity 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.