The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Tampines Street 62 (Parcel A) for tender on 15 April 2021.

2 The details of the land parcel are as follows:

Site Details
Location	Tampines Street 62 (Parcel A)
Proposed Development	Executive Condominium Housing
Site Area	23,799.2 sq m
Maximum GFA	59,498 sq m
Maximum Building Height	63-64m Singapore Height Datum (SHD)
Estimated No. of Housing Units	590*
Lease Term	99 years
Project Completion Period	60 months from the date of acceptance of tender

*Actual number of housing units proposed by developer may vary.

3 The tender closed at 12pm today with 9 bids received. The details of the provisional tender results are below:

S/N	Name of Tenderer	Tender Price ($)	$psm/GFA ($)
1	QJ-OS Pte. Ltd. and Santarli Realty Pte. Ltd.	$422,000,000.00	$7,092.68
2	Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.	$416,283,400.00	$6,996.59
3	Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd.	$415,280,000.00	$6,979.73
4	Tarak Properties SG Pte. Ltd.	$406,988,000.00	$6,840.36
5	MCC Land (Singapore) Pte Ltd	$401,080,000.00	$6,741.07
6	CSC Land Group (Singapore) Pte. Ltd.	$387,464,065.56	$6,512.22
7	GLL C Pte. Ltd.	$385,000,000.00	$6,470.81
8	Sim Lian Land Pte Ltd	$366,666,000.00	$6,162.66
9	EL Development Pte Ltd	$356,100,000.00	$5,985.08

4 A decision on the award of the tender will be made after the bids have been evaluated. This will be published at a later date.

Provisional Tender Results for Land Parcel at Tampines Street 62 (Parcel A) for Executive Condominium Housing Development