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Provisional Tender Results for Residential Site at Lorong 6 Toa Payoh / Lorong 4 Toa Payoh

The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Lorong 6 Toa Payoh / Lorong 4 Toa Payoh for tender on 29 Apr 2015.

The details of the sale site are as follows:

Location Lorong 6 Toa Payoh / Lorong 4 Toa Payoh
Proposed Development
Condominium; Or Flats; Or With Prior Written Approval, A Combination Of Flats And Strata Landed Houses
(Serviced Apartments Are Not Allowed)
Site Area 12,154.6 sq m
Maximum GFA [GPR] 42,541.10 sq m [3.5]
Maximum Building Height 140m AMSL
Estimated Dwelling Units 535
Lease Term 99 years

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 Evia Real Estate (7) Pte Ltd, Maxdin Pte Ltd and Gamuda Berhad $345,860,000 $8,130.02
2 Sing Holdings Limited $342,100,000 $8,041.64
3 UOL Venture Investments Pte. Ltd. and Singland Homes Pte. Ltd. $339,000,000 $7,968.76
4 FCL Tampines Court Pte. Ltd., Sekisui House, Ltd. and KH Capital Pte. Ltd. $338,888,000 $7,966.13
5 EL Development Pte Ltd $332,100,000 $7,806.57
6 HY Realty Pte Ltd $325,880,000 $7,660.36
7 Allgreen Properties Limited $321,980,000 $7,568.68
8 Verwood Holdings Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. $321,000,000 $7,545.64
9 KBD Ventures Pte. Ltd. $307,900,500 $7,237.72
10 Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Oriental Worldwide Investments Inc $276,500,000 $6,499.60
11 MCL Land (Regency) Pte. Ltd. $276,300,000 $6,494.90
12 Fica Nominees Pte Ltd $240,200,000 $5,646.30
13 Sim Lian Land Pte Ltd $230,001,000 $5,406.56
14 Best Desire Investments Limited $183,164,888 $4,305.60

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.

Source: HDB

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