The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Woodlands Drive 17 for tender on 16 October 2025.

2 The details of the land parcel are as follows:

Proposed Development	Executive Condominium housing development
Location	Woodlands Drive 17
Site Area	26,979.9 sq m
Maximum GFA	56,658 sq m
Maximum Building Height	61m Singapore Height Datum (SHD)
Estimated No. of Housing Units	560*
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	Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd	$484,000,000.00	$8,542.48
2	CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd.	$482,093,836.00	$8,508.84
3	Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.	$463,498,700.00	$8,180.64

Provisional Tender Results for Executive Condominium Development Site at Woodlands Drive 17