Results 1 to 19 of 19

Thread: Bendemeer Road / Whampoa East Site

  1. #1
    Join Date
    Jun 2009
    Posts
    5,675

    Default Bendemeer Road / Whampoa East Site

    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.

  2. #2
    Join Date
    Jun 2009
    Posts
    5,675

    Default

    Hmm... I think they might come out with three 40storey towers with 6 or more units per floor like cityview@ boon keng.

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


    by Jo-ann Huang
    04:46 AM Apr 08, 2011
    var fontIndex = 2; var fontSize = new Array('0.63em', '0.69em', '0.75em', '0.88em', '1em', '1.13em');
    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.

  3. #3
    Join Date
    Oct 2008
    Posts
    30

    Default

    This DBSS project has been halt.

  4. #4
    Join Date
    Nov 2008
    Posts
    8,013

    Default

    Quote Originally Posted by Jesslee98
    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!

  5. #5
    Join Date
    Aug 2009
    Posts
    334

    Default

    Quote Originally Posted by Jesslee98
    This DBSS project has been halt.
    this is not DBSS project.... pls check HDB website

  6. #6
    Join Date
    Jan 2009
    Posts
    2,141

    Default

    Quote Originally Posted by Jesslee98
    This DBSS project has been halt.
    is this a DBSS site? i tot is for PC?

  7. #7
    Join Date
    Nov 2008
    Posts
    8,013

    Default

    Quote Originally Posted by Allthepies
    is this a DBSS site? i tot is for PC?
    Yes I thought its for PC but not too sure lor!

  8. #8
    Join Date
    May 2008
    Posts
    9,279

    Default

    its another upcoming DBSS site at bendemeer which got halted rite?

  9. #9
    Join Date
    Aug 2009
    Posts
    334

    Default

    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...

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

  10. #10
    Join Date
    May 2009
    Posts
    1,089

    Default

    2 different plots.

    PC is Bendemeer/Whampoa
    2nd DBSS is Bendemeer/Boon Keng
    http://www.hdb.gov.sg/fi10/fi10297p....g+Site+Map.pdf

  11. #11
    Join Date
    Oct 2008
    Posts
    30

    Default

    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
    Last edited by Jesslee98; 05-07-11 at 14:12.

  12. #12
    Join Date
    Aug 2009
    Posts
    334

    Default

    Quote Originally Posted by maisonjai
    2 different plots.

    PC is Bendemeer/Whampoa
    2nd DBSS is Bendemeer/Boon Keng
    http://www.hdb.gov.sg/fi10/fi10297p....g+Site+Map.pdf
    Thanks... Looks like the on-hold site should be beside City View if it is a site of high plot ratio.

  13. #13
    Join Date
    Jan 2011
    Posts
    1,620

    Default

    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.
    Last edited by ecimbew; 09-08-11 at 16:33.
    Yee ha! Did I tickle your funny bone?


  14. #14
    Join Date
    Jan 2011
    Posts
    1,620

    Default

    Yee ha! Did I tickle your funny bone?


  15. #15
    Join Date
    Jan 2011
    Posts
    1,620

    Default

    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/const...esidential.htm

    Yee ha! Did I tickle your funny bone?


  16. #16
    Join Date
    Jan 2011
    Posts
    1,620

    Default

    North West view

    Yee ha! Did I tickle your funny bone?


  17. #17
    Join Date
    Jan 2011
    Posts
    1,620

    Default

    Yee ha! Did I tickle your funny bone?


  18. #18
    Join Date
    Jun 2009
    Posts
    5,675

    Default

    Looks like anything less than 12th floor will be totally blocked.

  19. #19
    Join Date
    Mar 2012
    Posts
    1

    Default Pricing

    Anyone knows what's is the soft launch price for this development?

Similar Threads

  1. Replies: 1177
    -: 19-08-18, 18:27
  2. Road cave-in at Upp Changi Road East
    By princess_morbucks in forum Coffeeshop Talk
    Replies: 6
    -: 24-04-14, 17:17
  3. Replies: 21
    -: 28-08-12, 10:56
  4. 862-unit condo in Whampoa East launches today
    By reporter2 in forum Singapore Private Condominium Property Discussion and News
    Replies: 0
    -: 28-05-12, 16:53
  5. Balcon East @ Upper East Coast Road
    By ras in forum District 15
    Replies: 8
    -: 20-07-11, 01:09

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •