The Housing & Development Board (HDB), as the Government’s land sales agent, launched land parcels at Chencharu Close and Sembawang Road for tender on 26 September 2024 and 29 May 2025 respectively.

2 The details of the two land parcels are as follows:

Proposed Development	Mixed Use Development comprising a Commercial and Residential Development integrated with a Bus Interchange and a Hawker Centre	Executive Condominium Housing Development
Location	Chencharu Close	Sembawang Road
Site Area	29,450.3 sq m	18,967.2 sq m
Maximum GFA	96,008 sq m	26,555 sq m
Maximum Building Height	61 Singapore Height Datum (SHD)	40 - 45m Singapore Height Datum (SHD)
Estimated No. of Housing Units	875*	265*
Lease Term	99 years	99 years
Project Completion Period	84 months from the date of acceptance of tender	60 months from the date of acceptance of tender

*Actual number of housing units proposed by developer may vary

3 The tenders closed at 12pm today. The details of the provisional tender results are as shown below:

(i) Chencharu Close

S/N	Name of Tenderer	Tender Price ($)	$psm/GFA ($)
1	Evia MCS Pte. Ltd., Gamuda (Singapore) Pte. Ltd. and H108 Pte. Ltd.	$1,012,588,989.89	$10,546.92
2	Phoenix Property 1 Pte. Ltd. and Phoenix Property 2 Pte. Ltd.	$845,000,000	$8,801.35
3	Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd	$692,400,000	$7,211.90

(ii) Sembawang Road

S/N	Name of Tenderer	Tender Price ($)	$psm/GFA ($)
1	Oriental Pacific Development Pte. Ltd.	$197,777,000	$7,447.83
2	TID Residential Pte. Ltd.	$190,089,000	$7,158.31
3	ABR Holdings Limited, RP Ventures Pte. Ltd., Macly Capital Pte. Ltd., LWH Holdings Pte. Ltd.	$168,168,168	$6,332.83
3	Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd	$109,000,000	$4,104.69

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

Provisional Tender Results for: (i) Mixed Commercial and Residential Development at Chencharu Close; and (ii) Executive Condominium Housing Development at Sembawang Road