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azeoprop
08-04-11, 18:16
Date issued : 07 Apr 2011


1The Housing & Development Board (HDB) launched the sale of land parcel at Bendemeer Road / Whampoa East (http://forums.condosingapore.com/fi10/fi10297p.nsf/ImageView/CORPORATE_PR_07042011_Bendemeer/$file/location+plan.pdf) http://forums.condosingapore.com/fi10/fi10297p.nsf/ImageView/INFOWEBICON/$file/icon-pdf.gif;pv6dc2940f44e2ad64 (PDF 561KB) on 23 Feb 2011.


2The details of the sale site are as follows:
Location:Bendemeer Road / Whampoa EastProposed Development:Condominium HousingSite Area:18,618.2 sq mMaximum GFA [GPR] :65,163.7 sq m [3.5]Estimated Dwelling Units:780Lease Term:99 years
3The tender closed at 12 noon today with 8 bids received. The details of the provisional tender results are below:


S/N
Name of Tenderer
Tender Price ($)
$psm/GFA ($)
1
United Engineers Developments Pte Ltd
$543,000,888
$8,332.87
2
Sherwood Development Pte Ltd
$482,230,000
$7,400.29
3
Sunmaster Holdings Pte. Ltd. and Intrepid Investments Pte. Ltd.
$475,200,000
$7,292.40
4
F.E. Lakeside Pte. Ltd. and FCL Topaz Pte. Ltd.
$469,000,000
$7,197.26
5
Best Desire Investments Limited
$401,100,000
$6,155.27
6
Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Investment Focus Pte Ltd
$387,200,000
$5,941.96
7
Qingdao Construction (Singapore) Pte Ltd
$380,888,777
$5,845.11
8
Allgreen Properties Limited
$363,880,000
$5,584.09

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.

azeoprop
08-04-11, 18:19
Hmm... I think they might come out with three 40storey towers with 6 or more units per floor like cityview@ boon keng. :beats-me-man:

UE wins land site on Bendemeer Road with S$543 million bid


by Jo-ann Huang
04:46 AM Apr 08, 2011
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SINGAPORE - A condominium land site located on Bendemeer Road/Whampoa East has been awarded to United Engineers Developments, which submitted the top bid of S$543 million or S$8,332.87 per sqm (psm) based on gross floor area (GFA)

The 99-year leasehold land parcel, sized at 18,618 sqm or 200,404 sq ft, has a maximum permissible GFA of 65,163.9 sqm or 701,424 sq ft. The site, which went up for tender on Feb 23, can yield about 780 units.

Mr Li Hiaw Ho, executive director of CBRE Research, said: "The top bid of S$543 million or S$774 per sq ft (psf) per plot ratio reflects the developer's confidence in this site because of its city-fringe location and proximity to an MRT station. The bid translates to a break-even cost of around $1,200 per sq ft."

Mr Li added that units in Nin Residence, a condominium within the vicinity and near to Potong Pasir MRT Station, were sold at S$1,000 psf to S$1,400 psf in January to March this year.

"We expect units in this new project to be launched at around $1,350 psf - $1,400 psf," he added.

Mr Li said recent land tenders have attracted less than 10 bids - a conservative figure in light of the oncoming land supply.

"This is probably because they are aware that 12 more residential sites, and more from the Reserve List if they are triggered, will be supplied by the government by June this year," said Mr Li.

The Bendemeer land tender received a total of eight bids, with the lowest bid coming from Allgreen Properties at S$363.88 million.

The site is situated walking distance away from Boon Keng MRT Station along the Northeast Line and right beside Bendemeer Primary School.

Other schools near the site are St Andrew's Junior and Secondary School, as well as St Andrew's Junior College. Nearby shopping facilities include City Square, Serangoon Plaza and Mustafa Centre.

Jesslee98
05-07-11, 12:41
This DBSS project has been halt.

ysyap
05-07-11, 12:52
This DBSS project has been halt.Yes heard it in the news. Developers might be so so angry. This is really a prime land! Anyway, thought KBW only said land sold before the announcement are beyond his control. He just control those not sold! Is this land sold already? Hmmm.... maybe not! :o

scsc
05-07-11, 12:53
This DBSS project has been halt.

this is not DBSS project.... pls check HDB website:doh:

Allthepies
05-07-11, 12:57
This DBSS project has been halt.

is this a DBSS site? i tot is for PC?

ysyap
05-07-11, 13:18
is this a DBSS site? i tot is for PC?Yes I thought its for PC but not too sure lor! :scared-4:

bargain hunter
05-07-11, 13:20
its another upcoming DBSS site at bendemeer which got halted rite? :confused:

scsc
05-07-11, 13:24
An Apple is a fruit but a Fruit is not an apple...

The 1st posting which is from HDB site already says it is PC liao.
Moreover it is already sold...:simmering:

Please.... Bendemeer is a long stretch la... My guess of the canceled DBSS site should be near to City View :2cents:

maisonjai
05-07-11, 14:05
2 different plots.

PC is Bendemeer/Whampoa
2nd DBSS is Bendemeer/Boon Keng
http://www.hdb.gov.sg/fi10/fi10297p.nsf/ImageView/BOON_KENG_SITE_MAP/$file/Boon+Keng+Site+Map.pdf

Jesslee98
05-07-11, 14:06
Wrong info. The DBSS is another plot of land...near City View Book Keng.

Pls refer to this

http://www.hdb.gov.sg/fi10/fi10297p.nsf/ImageView/CORPORATE_PR_03012011_AnnexB/$file/Annex+B.pdf

scsc
05-07-11, 14:36
2 different plots.

PC is Bendemeer/Whampoa
2nd DBSS is Bendemeer/Boon Keng
http://www.hdb.gov.sg/fi10/fi10297p.nsf/ImageView/BOON_KENG_SITE_MAP/$file/Boon+Keng+Site+Map.pdf

Thanks... Looks like the on-hold site should be beside City View if it is a site of high plot ratio.

ecimbew
09-08-11, 16:27
UE has hoarded up this land parcel with super tall and wide metal fence. Looks like they will promote it "visually" first with big banners and billboards. No sight of showroom. I wonder if UE will lower the price psf in this economic climate but since the land was sold at a hefty price, they will not go below $1100 psf. (This will probably be the last time HDB sells land to private developers to build private condo not EC or DBSS.)

Looks like Bendemeer and Serangoon road will have similar makeover with newer and larger condos, HDB (and Cityview DBSS) and big companies (Hyflux, MOM, MICRON) in the area. Just like Zion road.

ecimbew
09-08-11, 16:37
http://www.propertylaunch.sg/propertynews/wp-content/themes/linoluna/images/slideshows/demand.jpg

ecimbew
09-08-11, 16:49
I am impressed by how The Rochester looks like from the outside. Ascentia Sky is still under construction. Hopefully, UE has a brilliant design for this Bendemeer project.

http://www.uel.com.sg/services/construction/projects_residential.htm

http://www.h88.com.sg/directory/condo/the_rochester/images/the_rochester_00001.JPG

ecimbew
14-08-11, 21:14
North West view

http://farm5.static.flickr.com/4085/4840064145_64a53ee13b_b.jpg

ecimbew
20-08-11, 11:03
http://i1220.photobucket.com/albums/dd458/ecimbew/SerangoonBendemeer.jpg

azeoprop
20-08-11, 13:46
Looks like anything less than 12th floor will be totally blocked. :beats-me-man:

Jasonzhangyongzhong
11-03-12, 20:20
Anyone knows what's is the soft launch price for this development?