Saturday, February 14, 2015

Provisional Tender Results for Land Parcel at Woodlands Avenue 12 for Executive Condominium Housing Development

Provisional Tender Results for Land Parcel at Woodlands Avenue 12 for Executive Condominium Housing Development

Date issued : 12 Feb 2015

 The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Woodlands Avenue 12 for tender on 16 Dec 2014.

2The details of the sale site are as follows:

LocationWoodlands Avenue 12  (PDF 693KB)
Proposed DevelopmentExecutive Condominium Housing
Site Area12,388.3 sq m
Maximum GFA [GPR]34,687.24 sq m [2.8]
Maximum Building Height61m AMSL
Estimated Dwelling Units390
Lease Term99 years

    3The tender closed at 12 noon today with 7 bids received. The details of the provisional tender results are below:
    S/N
    Name of Tenderer
    Tender Price ($)
    $psm/GFA ($)
    1
      Hao Yuan Investment Pte Ltd
    $103,790,000
    $2,992.17
    2
      Allgreen Properties Limited
    $99,980,000
    $2,882.33
    3
      Lian Soon Holdings Pte Ltd
    $96,338,000
    $2,777.33
    4
      EL Development Pte Ltd
    $94,100,000
    $2,712.81
    5
      TTH Development Pte Ltd
    $93,716,736
    $2,701.76
    6
      Hoi Hup Realty Pte Ltd
    $92,450,000
    $2,665.25
    7
      KBD Ventures Pte. Ltd.
    $70,900,000
    $2,043.98

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









    - wong chee tat :)

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