Provisional Tender Results for Land Parcel at Anchorvale Crescent for Executive Condominium Housing Development

  • Published Date: 20 Jan 2015

         The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Anchorvale Crescent for tender on 18 Nov 2014.

     

    2      The details of the sale site are as follows:

     

    Location Anchorvale Crescent
    Proposed Development Executive Condominium Housing
    Site Area 17,450.10 sq m
    Maximum GFA [GPR] 52,350.30 sq m [3.0]
    Maximum Building Height 64m AMSL
    Estimated Dwelling Units 525
    Lease Term 99 years

     

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

     

    S/N Name of Tenderer Tender Price ($) $psm/GFA ($)
    1 Sim Lian Land Pte Ltd $157,800,000 $3,014.31
    2 Allgreen Properties Limited $143,890,000 $2,748.60
    3 Victoria Realty Pte Ltd $126,800,000 $2,422.14

     

    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.