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Provisional Tender Results For Land Parcel At Canberra Link For Executive Condominium Housing Development

  • Published Date: 04 Sep 2018

    The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Canberra Link for tender on 28 June 2018.

     

    2          The details of the sale site are as follows:

     

    Location Canberra Link
    Proposed Development Executive Condominium Housing
    Site Area 18,040.6 sq m
    Maximum GFA [GPR] 45,101.50 sq m [2.5]
    Maximum Building Height 45m to 50m AMSL
    Estimated No. of Dwelling Units 450*
    Lease Term    99 years
    Project Completion Period 60 months from date of acceptance of tender
    *Actual No. of dwelling units provided by the successful tenderer may vary.

     

    3          The tender closed at 12 noon today with 9 bids received. The details of the provisional tender results are below:

     

    S/N Name of Tenderer Tender Price         
    ($)
    $psm/GFA         
    ($)
    1 Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd  $271,000,000 $6,008.67
    2 Greatview Investment Pte Ltd and MCC Land (Singapore) Pte Ltd $258,890,000 $5,740.16
    3 CNQC Realty (Treasure) Investment Pte. Ltd.  $252,770,000 $5,604.47
    4 Evia Real Estate (8) Pte Ltd & Gamuda (Singapore) Pte Ltd  $250,888,888 $5,562.76
    5 CDL Constellation Pte. Ltd and TID Residential Pte. Ltd. $245,800,000 $5,449.93
    6 UED Residential Pte. Ltd. And TSKY (Jervois) Pte. Ltd.  $239,167,802 $5,302.88
    7 Peak Land Pte. Ltd.  $228,300,000 $5,061.92
    8 Sim Lian Land Pte Ltd           $205,000,000 $4,545.30
    9 JBE Development Pte Ltd    $201,821,000 $4,474.82

     

    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.