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
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.