Date issued : 07 Apr 2011
1The Housing & Development Board (HDB) launched the sale of land parcel at Bendemeer Road / Whampoa East (PDF 561KB) on 23 Feb 2011.
2The details of the sale site are as follows:
Location:Bendemeer Road / Whampoa EastProposed Development:Condominium HousingSite Area:18,618.2sq mMaximum GFA [GPR]:65,163.7 sq m [3.5]Estimated Dwelling Units:780Lease Term:99 years3The 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.