Provisional Tender Results for Land Parcel at Woodlands Avenue 12 for Executive Condominium Housing Development

  • Published Date: 12 Feb 2015

         The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Woodlands Avenue 12 for tender on 5 Dec 2014.

     

    2      The details of the sale site are as follows:

     

    Location Woodlands Avenue 12
    Proposed Development Executive Condominium Housing
    Site Area 12,388.3 sq m
    Maximum GFA [GPR] 34,687.24 sq m [2.8]
    Maximum Building Height 61m AMSL
    Estimated Dwelling Units 390
    Lease Term 99 years

     

    3      The tender closed at 12 noon today with 7 bids received. The details of the provisional tender results are below:

     

    S/N Name of Tenderer Tender Price ($) $psm/GFA ($)
    1 Hao Yuan Investment Pte Ltd $103,790,000 $2,992.17
    2 Allgreen Properties Limited $99,980,000 $2,882.33
    3 Lian Soon Holdings Pte Ltd $96,338,000 $2,777.33
    4 EL Development Pte Ltd $94,100,000 $2,712.81
    5 TTH Development Pte Ltd $93,716,736 $2,701.76
    6 Hoi Hup Realty Pte Ltd $92,450,000 $2,665.25
    7 KBD Ventures Pte. Ltd. $70,900,000 $2,043.98

     

    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.