The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Canberra Drive for tender on 26 May 2026.
2 The details of the land parcel are as follows:
| Proposed Development | Executive Condominium housing development |
|---|---|
| Location | Canberra Drive |
| Site Area | 11,535.4 sqm |
| Maximum GFA | 18,457 sqm |
| Maximum Building Height | 40m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 185* |
| 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 | SNC3 Realty Pte. Ltd, HS Invesco Pte. Ltd. and Kay Lim Realty Pte. Ltd. | $163,903,000 | $8,880.26 |
| 2 | Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. | $159,434,000 | $8,638.13 |
| 3 | Apex Asia Beta Investment Three Pte. Ltd., BHCC Development (Project 2) Pte. Ltd. and HSB Developments Pte. Ltd. | $158,600,000 | $8,592.95 |
| 4 | CRF Land Pte. Ltd. | $153,000,000 | $8,289.54 |
| 5 | CDL Constellation Pte. Ltd. | $146,099,000 | $7,915.64 |
| 6 | Peak Valley Private Limited | $141,050,000 | $7,642.09 |
| 7 | EL Development Pte. Ltd. | $135,100,000 | $7,319.72 |
| 8 | Evia Real Estate (14) Pte. Ltd., Arc Canberra Pte. Ltd. and H10 Holdings Pte. Ltd. | $130,500,999 | $7,070.54 |
| 9 | MCS Thomson Pte Ltd | $129,330,000 | $7,007.10 |
| 10 | Macly Group Pte. Ltd., Roxy Development Partners Pte. Ltd., Greatsun Capital Pte. Ltd., Scree Innovation Pte. Ltd. and Lin Bing Cheng | $127,198,889 | $6,891.63 |
| 11 | JBE Capital Pte. Ltd. | $124,365,280 | $6,738.11 |
| 12 | Forsea Residence Pte. Ltd., CNQC Realty (Epsilon) Pte. Ltd., and Jianan Realty Investments (2) Pte. Ltd. | $123,777,000 | $6,706.24 |
| 13 | Sim Lian Land Pte Ltd & Sim Lian Development Pte. Ltd. | $71,718,787 | $3,885.72 |