The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Jalan Loyang Besar for tender on 16 May 2024.

2 The details of the land parcel are as follows:

Site Details
Location	Jalan Loyang Besar
Proposed Development	Executive Condominium Housing
Site Area	28,405.5sq m
Maximum GFA	71,014 sq m
Maximum Building Height	49m Singapore Height Datum (SHD)
Estimated No. of Housing Units	710*
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 site has been awarded to CNQC Realty (Progressive) Pte. Ltd., Forsea Residence Pte. Ltd. and ZACD Laserblue Pte. Ltd. at the tender price of $557,000,000 on 16 August 2024. The details of the tender result can also be viewed here.

Final Tender Result for Land Parcel at Jalan Loyang Besar for Executive Condominium Housing Development