Provisional Tender Results for Land Parcel at Sumang Walk for Executive Condominium Housing Development

  • Published Date: 27 Feb 2018

               The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Sumang Walk for tender on 12 Dec 2017.

     

    2          The details of the sale site are as follows:

     

    Location Sumang Walk
    Proposed Development Executive Condominium Housing
    Site Area 27,056.4 sq m
    Maximum GFA [GPR] 81,169.2 sq m [3.0]
    Maximum Building Height 64m to 70m AMSL
    Maximum Dwelling Units 820
    Lease Term    99 years
    Project Completion Period 60 months from date of acceptance of tender

     

    3          The tender closed at 12 noon today with 17 bids received. The details of the provisional tender results are below:

     

    S/N Name of Tenderer Tender Price ($) $psm/GFA          ($)
    1 CDL Constellation Pte. Ltd. and TID Residential Pte. Ltd. $509,370,000 $6,275.41
    2 Qingjian Realty (Residential) Pte. Ltd.  $486,000,000 $5,987.49
    3 Yanlord Singapore Residential Pte. Ltd. and Soilbuild Group Holdings Ltd  $450,000,888 $5,543.99
    4 Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd $446,600,000 $5,502.09
    5 Sing Development (Private) Limited, FEC Properties Pte. Ltd. And Changi Properties Pte. Ltd.  $431,688,338 $5,318.38
    6 Evia Real Estate (8) Pte Ltd & Gamuda (Singapore) Pte Ltd $426,368,889 $5,252.84
    7 MCC Land (Singapore) Pte. Ltd.   $413,700,000 $5,096.76
    8 UED Residential Pte. Ltd., TSKY Development Pte. Ltd. and ZACD (Development1) Ltd.      $411,888,333 $5,074.44
    9 Frasers Property Gold Pte. Ltd. And KH Capital Pte. Ltd.   $409,000,000 $5,038.86
    10 Nanshan Group Singapore Co. Pte Ltd and Harmony Flourishing International Development Pte. Ltd.   $400,829,766 $4,938.20
    11 GLL C Pte. Ltd. $397,533,000 $4,897.58
    12 Sim Lian Land Pte Ltd $393,900,009 $4,852.83
    13 JBE Properties Pte Ltd $393,900,000 $4,852.83
    14 Peak Opal Pte. Ltd. $387,100,000 $4,769.05
    15 TTH Development Pte Ltd, Santarli Capital Venture Pte Ltd and Kay Lim Realty Pte Ltd $382,682,988 $4,714.63
    16 MCL Land (Edge) Pte. Ltd. $382,000,000 $4,706.22
    17 HB Lombard Pte. Ltd. $373,808,000 $4,605.29

     

    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.