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.