Published Date: 14 Sep 2018
The Housing & Development Board (HDB), as the Government’s land sales agent, launched the Reserve List site at Anchorvale Crescent for tender on 10 Aug 2018.
2 The details of the sale site are as follows:
Location Anchorvale Crescent Proposed Development Executive Condominium Site Area 17,137.3 sq m Maximum GFA [GPR] 51,411.90 sq m [3.0] Maximum Building Height 64m AMSL Maximum No. of Dwelling Units 550* Lease Term 99 years Project Completion Period 60 months from date of acceptance of tender Minimum Price S$255,000,000
* No. of dwelling units is capped at 550.
3 The tender closed at 12 noon today with 7 bids received. The details of the provisional tender results are below:
S/No Name of Tenderer Tender Price
1 Evia Real Estate (8) Pte Ltd & Gamuda (Singapore) Pte Ltd $318,888,899 6,202.63 2 CNQC Realty (Treasure) Investment Pte. Ltd. $318,888,000 6,202.61 3 Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd $307,280,000 5,976.83 4 Greatview Investment Pte Ltd $303,890,000 5,910.89 5 Sing Holdings Residential Pte. Ltd. and Changi Properties Pte. Ltd. $295,100,000 5,739.92 6 Sim Lian Land Pte Ltd $280,000,000 5,446.21 7 Anchora Development Pte. Ltd. $277,222,000 5,392.18
4 A decision on the award of the tender will be made after the bids have been evaluated. This will be announced at a later date.