Published Date: 03 Jul 2019
The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Canberra Link for tender on 16 May 2019.
2 The details of the land parcel are as follows:
Site Details Location Canberra Link Proposed Development Executive Condominium Housing Site Area 16,690 sq m Maximum GFA 38,387 sq m Maximum Building Height 45m to 55m AMSL Estimated No. of Dwelling Units 385* Lease Term 99 years Project Completion Period 60 months from date of acceptance of tender
*Actual number of dwelling units provided by the developer may vary.
3 The tender closed at 12 noon today with 8 bids received. The details of the provisional tender results are below:
S/N Name of Tenderer Tender Price
1 MCC Land (Singapore) Pte Ltd $233,890,000 $6,092.95 2 CDL Constellation Pte. Ltd. and
TID Residential Pte. Ltd.
$233,500,000 $6,082.79 3 Hoi Hup Realty Pte Ltd and
Sunway Developments Pte Ltd
$223,300,000 $5,817.07 4 Sim Lian Land Pte Ltd $218,000,000 $5,679.01 5 CNQC Realty (Treasure) Investment Pte Ltd and
Evia USB Real Estate Pte. Ltd.
$202,200,000 $5,267.41 6 Sing Development (Private) Limited and
Wee Hur Development Pte Ltd
$197,300,000 $5,139.76 7 Master Contract Services Pte Ltd $192,000,000 $5,001.69 8 JBE Development Pte Ltd $178,006,000 $4,637.14
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.