The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Miltonia Close for tender on 23 December 2025.

2 The details of the land parcel are as follows:

Proposed Development	Executive Condominium housing development
Location	Miltonia Close
Site Area	15,451.2 sqm
Maximum GFA	43,264 sqm
Maximum Building Height	90m Singapore Height Datum (SHD)
Estimated No. of Housing Units	430*
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. The details of the provisional tender results are shown below:

S/N	Name of Tenderer	Tender Price ($)	$psm/GFA ($)
1	Hoi Hup Realty Pte Ltd	$340,850,000.00	$7,878.37
2	Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.	$312,009,222.00	$7,211.75
3	Forsea Residence Pte. Ltd., CNQC Realty (Sigma) Pte. Ltd., Jianan Realty Investments (2) Pte. Ltd., and CYZ Land Pte. Ltd.	$305,500,000.00	$7,061.30

Provisional Tender Results for Executive Condominium Development Site at Miltonia Close