The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Tampines Street 95 for sale by public tender on 22 August 2024.
2 The details of the land parcel are as follows:
| Site Details | |
|---|---|
| Location | Tampines Street 95 |
| Proposed Development | Executive Condominium Housing |
| Site Area | 22,488.9 sq m |
| Maximum GFA | 56,223 sq m |
| Maximum Building Height | 51m – 59m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 560* |
| Lease Term | 99 years |
| Project Completion Period | 60 months from the date of acceptance of tender |
*Actual number of housing units proposed by developer may vary.
3 The tender closed at 12pm today with 5 bids received. The details of the provisional tender results are below:
| S/N | Name of Tenderer | Tender Price ($) | $psm/GFA ($) |
|---|---|---|---|
| 1 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | $465,000,000.00 | $8,270.64 |
| 2 | SNC2 Realty Pte. Ltd., Apex Asia Alpha Investment Two Pte. Ltd., Kay Lim Realty Pte. Ltd., and Heeton Homes Pte. Ltd. | $457,520,000.00 | $8,137.59 |
| 3 | Sing Holdings Limited | $439,550,000.00 | $7,817.97 |
| 4 | CSC Land Group (Singapore) Pte. Ltd. | $438,758,670.00 | $7,803.90 |
| 5 | Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. | $425,700,000.00 | $7,571.63 |
4 A decision on the award of the tender will be made after the bids have been evaluated. This will be published at a later date.