Final Tender Results for Land Parcel at Fernvale lane for Executive Condominium Housing Development

  • Published Date: 11 Mar 2020

                The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Fernvale Lane for tender on 30 December 2019.

     

    2          The details of the land parcel are as follows:

               

    Site Details
    Location Fernvale Lane
    Proposed Development Executive Condominium Housing
    Site Area 17,129.9 sq m
    Maximum GFA 47,964 sq m
    Maximum Building Height 56m AMSL
    Estimated No. of Housing Units 480*
    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 site has been awarded to FCL Lodge Pte. Ltd., at the tender price of $286,538,000.00 on 11 March 2020.  The details of the tender results can also be viewed here.