The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Woodlands Drive 17 for tender on 16 October 2025.
2 The details of the land parcel are as follows:
| Proposed Development | Executive Condominium housing development |
|---|---|
| Location | Woodlands Drive 17 |
| Site Area | 26,979.9 sq m |
| Maximum GFA | 56,658 sq m |
| Maximum Building Height | 61m 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. The details of the provisional tender results are shown below:
| S/N | Name of Tenderer | Tender Price ($) | $psm/GFA ($) |
|---|---|---|---|
| 1 | Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd | $484,000,000.00 | $8,542.48 |
| 2 | CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd. | $482,093,836.00 | $8,508.84 |
| 3 | Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. | $463,498,700.00 | $8,180.64 |