The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Tampines Street 94 for sale by public tender on 27 June 2024.

2 The details of the land parcel are as follows:

Site Details
Location	Tampines Street 94
Proposed Development	Mixed Commercial and Residential development
Site Area	23,510.7 sq m
Maximum GFA	61,834 sq m
Maximum Building Height	58.0 – 64.0m Singapore Height Datum (SHD)
Estimated No. of Housing Units	585*
Lease Term	99 years
Project Completion Period	84 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 6 bids received. The details of the provisional tender results are below:

S/N	Name of Tenderer	Tender Price ($)	$psm/GFA ($)
1	Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd.	$668,280,000.00	$10,807.65
2	Sing Holdings Residential Pte. Ltd.	$655,600,999.00	$10,602.60
3	Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd	$560,000,000.00	$9,056.51
4	GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and Garden Estates (Pte.) Limited	$550,435,633.00	$8,901.83
5	Soilbuild Group Holdings Ltd. and UED Bravo Pte. Ltd.	$542,888,119.00	$8,779.77
6	SNC3 Realty Pte. Ltd., Apex Asia Alpha Investment Two Pte. Ltd., BHCC Development (Projects) Pte. Ltd., Heeton Homes Pte. Ltd. and Soon Li Heng Civil Engineering Pte Ltd	$541,888,000.00	$8,763.59

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 94 for Mixed Commercial and Residential Development