The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Bukit Batok West Avenue 8 for tender on 23 December 2021.

2 The details of the land parcel are as follows:

Site Details
Location	Bukit Batok West Avenue 8
Proposed Development	Executive Condominium Housing
Site Area	12,449.3 sq m
Maximum GFA	37,348 sq m
Maximum Building Height	60-70m Singapore Height Datum (SHD)
Estimated No. of Housing Units	375*
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	CNQC-OS (2) Pte. Ltd. and SNC Realty Pte. Ltd.	$266,000,000.00	$7,122.20
2	Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.	$253,888,000.00	$6,797.90
3	Sing Holdings Residential Pte. Ltd., MCC Land (Singapore) Pte. Ltd. and Cedar Investments Pte. Ltd.	$252,100,000.00	$6,750.03
4	Four C Residence Pte Ltd., HST JV Pte Ltd. and Four Link Engineering Pte Ltd.	$250,000,999.00	$6,693.83
5	CSC Land Group (Singapore) Pte. Ltd.	$249,248,600.64	$6,673.68
6	Gamuda (Singapore) Pte Ltd and Evia Real Estate (9) Pte Ltd	$245,688,999.00	$6,578.37
7	Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd	$245,500,000.00	$6,573.31
8	Tarak Properties SG Pte. Ltd.	$242,500,000.00	$6,492.98
9	JBE (S) Pte. Ltd.	$211,000,000.00	$5,649.57

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 8 for Executive Condominium Housing Development