The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Bukit Batok West Avenue 5 for sale by public tender on 28 June 2022.

2 The details of the land parcel are as follows:

Site Details
Location	Bukit Batok West Avenue 5
Proposed Development	Executive Condominium Housing
Site Area	16,623.7 sq m
Maximum GFA	49,872 sq m
Maximum Building Height	60-70m Singapore Height Datum (SHD)
Estimated No. of Housing Units	495*
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 4 bids received. The details of the provisional tender results are below:

S/N	Name of Tenderer	Tender Price ($)	$psm/GFA ($)
1	CDL Zenith Pte. Ltd.	$336,068,000.00	$6,738.61
2	Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd	$335,508,000.00	$6,727.38
3	Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.	$332,526,222.00	$6,667.59
4	CNQC-OS (3) Pte Ltd and Santarli Realty Pte Ltd	$331,001,000.00	$6,637.01

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 Bukit Batok West Avenue 5 for Executive Condominium Housing Development