[ Land sales ]

14 January 2026 · hdb-2026-01-13-hougang-award · Housing & Development Board

Final Tender Result for Mixed Commercial and Residential Development at Hougang Avenue 10/ Hougang Central

The Housing & Development Board
(HDB), as the Government’s land sales agent, launched the land parcel
at Hougang Avenue 10/ Hougang Central on 29 May 2025.

2 The details of the land parcel are as
follows:

Proposed DevelopmentMixed Use development comprising a Commercial and Residential development integrated with a Bus Interchange
LocationHougang Avenue 10/ Hougang Central
Site Area46,899.4 sq m
Maximum GFA118,268 sq m
Maximum Building Height64m Singapore Height Datum (SHD)
Estimated No. of Housing Units835*
Lease Term99
Project Completion Period84 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 Horizon Residential Pte. Ltd. and Horizon Commercial Trustee Pte. Ltd. (as trustee of Horizon Commercial Trust)at the tender price of$1,500,738,338 on 14 January 2026. The details of the tender result can also be viewed here.

Text as retrieved 19 September 2026 from the Housing & Development Board release hdb-2026-01-13-hougang-award, sha256 a50aede31d88. Site chrome removed; headings, lists and tables kept.

Awards in this release

Hougang Avenue 10 / Hougang Central

Horizon Residential Pte. Ltd., parent: CapitaLand Group (50%) / UOL-led consortium comprising UOL Group, Singapore Land Group and Kheng Leong (50%) and Horizon Commercial Trustee Pte. Ltd. (as trustee of Horizon Commercial Trust), parent: CapitaLand Integrated Commercial Trust / CapitaLand Group and UOL-led consortium: S$1,500,738,338 (S$12,689.30 psm GFA, about S$1,179 psf ppr derived).

Rank 1 of the bids disclosed at the close of 16 December 2025 (hdb-2025-12-15-hougang-close). The award references that bid; it does not restate it.

Documents

  1. Press releasePublished 13 January 2026

    Final Tender Result for Mixed Commercial and Residential Development at Hougang Avenue 10/ Hougang Central

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Open original source

    Technical details
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    a50aede31d8821a0172a4abc85096bd7a97f27475ead534c7c6c03113467d373
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    Retrieved at
    2026-09-19 09:24:08 UTC
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    hdb-2026-01-13-hougang-award
  2. Page capturePublished 13 January 2026

    Browser capture of Final Tender Result for Mixed Commercial and Residential Development at Hougang Avenue 10/ Hougang Central, 2026-09-19

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Open original source

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    Retrieved at
    2026-09-19 08:02:13 UTC
    Prevo reference
    hdb-2026-01-13-hougang-award/screencapture-hdb-gov-sg-hdb-pulse-news-2026-final-tender-result-for-mixed-development-at-hougang-avenue-10-hougang-central-2026-09-19-16_02_13.pdf