• Published Date: 18 Jun 2015

          The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Lorong 6 Toa Payoh / Lorong 4 Toa Payoh for tender on 29 Apr 2015.

     

    2.       The details of the sale site are as follows:

     

    Location Lorong 6 Toa Payoh / Lorong 4 Toa Payoh
    Proposed Development
    Condominium; Or Flats; Or With Prior Written Approval, A Combination Of Flats And Strata Landed Houses
    (Serviced Apartments Are Not Allowed)
    Site Area 12,154.6 sq m
    Maximum GFA [GPR] 42,541.10 sq m [3.5]
    Maximum Building Height 140m AMSL
    Estimated Dwelling Units 535
    Lease Term 99 years

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

     

    S/N
    Name of Tenderer
    Tender Price ($)
    $psm/GFA ($)
    1 Evia Real Estate (7) Pte Ltd, Maxdin Pte Ltd and Gamuda Berhad $345,860,000 $8,130.02
    2 Sing Holdings Limited $342,100,000 $8,041.64
    3 UOL Venture Investments Pte. Ltd. and Singland Homes Pte. Ltd. $339,000,000 $7,968.76
    4 FCL Tampines Court Pte. Ltd., Sekisui House, Ltd. and KH Capital Pte. Ltd. $338,888,000 $7,966.13
    5 EL Development Pte Ltd $332,100,000 $7,806.57
    6 HY Realty Pte Ltd $325,880,000 $7,660.36
    7 Allgreen Properties Limited $321,980,000 $7,568.68
    8 Verwood Holdings Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. $321,000,000 $7,545.64
    9 KBD Ventures Pte. Ltd. $307,900,500 $7,237.72
    10 Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Oriental Worldwide Investments Inc $276,500,000 $6,499.60
    11 MCL Land (Regency) Pte. Ltd. $276,300,000 $6,494.90
    12 Fica Nominees Pte Ltd $240,200,000 $5,646.30
    13 Sim Lian Land Pte Ltd $230,001,000 $5,406.56
    14 Best Desire Investments Limited $183,164,888 $4,305.60

     

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