Provisional Tender Results for Land Parcel at Canberra Link for Executive Condominium Housing Development

  • 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.