[ Land sales ]

9 October 2023 · hdb-2023-10-08-tampines-62b-award · Housing & Development Board

Final Tender Results for Land Parcel at Tampines Street 62 (PARCEL B) for Executive Condominium Housing Development

The Housing & Development Board (HDB), as the Government’s land sales agent, launched theland parcel at Tampines Street 62 (Parcel B) for tender on 14 March 2023.

2 The details of the land parcel are as follows:

Site Details
LocationTampines Street 62 (Parcel B)
Proposed DevelopmentExecutive Condominium Housing
Site Area28,000.2 sq m
Maximum GFA70,001 sq m
Maximum Building Height64m Singapore Height Datum (SHD)
Estimated No. of Housing Units700*
Lease Term99 years
Project Completion Period60 months from the date of acceptance of tender

3 The site has been awarded to Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at the tender price of $543,280,000 on 9 October 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-2023-10-08-tampines-62b-award, sha256 8831c3c5cc5c. Site chrome removed; headings, lists and tables kept.

Awards in this release

Tampines Street 62 (Parcel B)

Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited: S$543,280,000 (, about derived).

Rank 7 of the bids disclosed at the close of 18 July 2023 (hdb-2023-07-17-tampines-62b-close). The award references that bid; it does not restate it.

Bids disclosed in this release

RankTendererTendered priceS$ psm GFA
1Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group LimitedS$543,280,000
2Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway Berhad (Alternative Proposal)S$536,600,000
3CSC Land Group (Singapore) Pte. Ltd.S$536,486,666
4Forsea Residence Pte. Ltd, parent: Soilbuild Group Holdings Ltd / Yanlord Land Group Limited / United Engineers Limited interests (exact shareholding requires registry confirmation), CNQC-OS (5) Pte. Ltd. and SNC3 Realty Pte. LtdS$512,800,000
5Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway BerhadS$506,900,000
6CDL Stellar Pte. Ltd., parent: City Developments LimitedS$500,888,000
7Grand Brilliance Property 3 Pte. Ltd.S$500,689,961
8Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) and Otto Projects Pte. Ltd. (Alternative Proposal)S$467,165,275
9Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) and Otto Projects Pte. Ltd.S$467,165,000

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 8 October 2023

    Final Tender Results for Land Parcel at Tampines Street 62 (PARCEL B) for Executive Condominium Housing Development

    Housing & Development Board · Retrieved 19 September 2026

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  2. Page capturePublished 8 October 2023

    Browser capture of Final Tender Results for Land Parcel at Tampines Street 62 (PARCEL B) for Executive Condominium Housing Development, 2026-09-19

    Housing & Development Board · Retrieved 19 September 2026

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