[ Land sales ]

11 September 2023 · hdb-2023-09-10-plantation-close-award · Housing & Development Board

Final Tender Results for Land Parcel at Plantation Close for Executive Condominium Housing Development

The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Plantation Close for tender on 23 December 2022.

2 The details of the land parcel are as follows:

Site Details
LocationPlantation Close
Proposed DevelopmentExecutive Condominium Housing
Site Area16,441.2 sq m
Maximum GFA46,036 sq m
Maximum Building Height70m to 80m Singapore Height Datum (SHD)
Estimated No. of Housing Units495*
Lease Term99 years
Project Completion Period60 months from the date of acceptance of tender

*Actual number of housing units proposed by developer may vary.

3 The site has been awarded to Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. at the tender price of $348,500,000 on 11 September 2023. The details of the tender results can also be viewed here.

Text as retrieved 19 September 2026 from the Housing & Development Board release hdb-2023-09-10-plantation-close-award, sha256 0441ac40b8e7. Site chrome removed; headings, lists and tables kept.

Awards in this release

Plantation Close

Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd, parent: Sunway Berhad: S$348,500,000 (, about derived).

Rank 5 of the bids disclosed at the close of 27 June 2023 (hdb-2023-06-26-tampines-ave-11-plantation-close-close). The award references that bid; it does not restate it.

Bids disclosed in this release

RankTendererTendered priceS$ psm GFA
1Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway Berhad (Alternative Proposal)S$348,500,000
2Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway BerhadS$328,300,000
3Frasers Property Agate Pte. Ltd. and Sekisui House, Ltd.S$315,188,888
4Tanglin Land Pte. Ltd.S$315,000,888
5CNQC-OS (3) Pte. Ltd and SNC2 Realty Pte. Ltd, parent: SingHaiyi Group Ltd.S$312,300,000
6EVIA Real Estate (11) Pte Ltd, Apex Asia PT-EC Pte Ltd, AFP Land Limited and FRX Development 1 Pte LtdS$310,688,999
7Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$303,030,303
8CDL Stellar Pte. Ltd., parent: City Developments LimitedS$297,818,888
9Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$284,930,615

Outcomes are not shown here: on the day of this release the tender was pending. The award, when it came, is its own release.

Documents

  1. Press releasePublished 10 September 2023

    Final Tender Results for Land Parcel at Plantation Close for Executive Condominium Housing Development

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    0441ac40b8e7df958aa7f33446c76fcaaaa87e1a9ffd4101d7e7316b32f55d12
    Size
    20,971 bytes
    Format
    text/html
    Retrieved at
    2026-09-19 09:24:07 UTC
    Prevo reference
    hdb-2023-09-10-plantation-close-award
  2. Page capturePublished 10 September 2023

    Browser capture of Final Tender Results for Land Parcel at Plantation Close for Executive Condominium Housing Development, 2026-09-19

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
    SHA-256
    6eeebe3ceed3814c05dd1ba307c846a380d4f94e96824395d1b8bd58287f7839
    Size
    917,459 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-19 07:25:28 UTC
    Prevo reference
    hdb-2023-09-10-plantation-close-award/screencapture-hdb-gov-sg-hdb-pulse-news-2023-final-tender-results-for-land-parcel-at-plantation-close-2026-09-19-15_25_28.pdf