Bukit Batok West Avenue 8
AwardedExecutive Condominium housing. HDB sale site.
S$266,000,000
S$7,122.20 psm GFA, about S$662 psf ppr (derived). Awarded 22 March 2022 to CNQC-OS (2) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd. and SNC Realty Pte. Ltd., parent: SingHaiyi Group Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Bukit Batok West Avenue 8 | Executive Condominium housing | 12,449.3 m² | 37,348 m² | CNQC-OS (2) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd. and SNC Realty Pte. Ltd., parent: SingHaiyi Group Ltd. | S$266,000,000(S$7,122.20) |
As listed at the close of 8 March 2022 (hdb-2022-03-07-bbw-ave-8-close), with the outcome the award of 22 March 2022 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | CNQC-OS (2) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd. and SNC Realty Pte. Ltd., parent: SingHaiyi Group Ltd. | S$266,000,000 | S$7,122.20 | S$662 | Awarded |
| 2 | Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) | S$253,888,000 | S$6,797.90 | S$632 | Unsuccessful |
| 3 | Sing Holdings Residential Pte. Ltd., MCC Land (Singapore) Pte. Ltd., parent: MCC Land (Singapore) Pte. Ltd. / China Metallurgical Group Corporation and Cedar Investments Pte. Ltd. | S$252,100,000 | S$6,750.03 | S$627 | Unsuccessful |
| 4 | Four C Residence Pte Ltd., HST JV Pte Ltd. and Four Link Engineering Pte Ltd. | S$250,000,999 | S$6,693.83 | S$622 | Unsuccessful |
| 5 | CSC Land Group (Singapore) Pte. Ltd. | S$249,248,600.64 | S$6,673.68 | S$620 | Unsuccessful |
| 6 | Gamuda (Singapore) Pte Ltd, parent: Gamuda Berhad and Evia Real Estate (9) Pte Ltd | S$245,688,999 | S$6,578.37 | S$611 | Unsuccessful |
| 7 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$245,500,000 | S$6,573.31 | S$611 | Unsuccessful |
| 8 | Tarak Properties SG Pte. Ltd. | S$242,500,000 | S$6,492.98 | S$603 | Unsuccessful |
| 9 | JBE (S) Pte. Ltd. | S$211,000,000 | S$5,649.57 | S$525 | Unsuccessful |
Press releases, latest first
Each card is one release on its own date, with its text folded beneath. The latest is first and open.
22 March 2022
AwardedFinal Tender Results for Land Parcel at Bukit Batok West Avenue 8 for Executive Condominium Housing Development
The source page is dated 21 March 2022; the release text dates its action 22 March 2022. Both are kept as stated.
Awarded to
CNQC-OS (2) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd. and SNC Realty Pte. Ltd., parent: SingHaiyi Group Ltd., S$266,000,000 (S$7,122.20 psm GFA, about S$662 psf ppr).
Read the press releaseHide the press releasehdb-2022-03-21-bbw-ave-8-award
The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Bukit Batok West Avenue 8for tender on 23 December 2021.
2 The details of the land parcel are as follows:
| Site Details | |
|---|---|
| Location | Bukit Batok West Avenue 8 |
| Proposed Development | Executive Condominium Housing |
| Site Area | 12,449.3 sq m |
| Maximum GFA | 37,348 sq m |
| Maximum Building Height | 60-70m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 375* |
| 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 site has been awarded to CNQC-OS (2) Pte. Ltd. and SNC Realty Pte. Ltd., at the tender price of $266,000,000.00on 22 March 2022. The details of the tender results can also be viewed here.
8 March 2022
Tender closedProvisional Tender Results for Land Parcel at Bukit Batok West Avenue 8 for Executive Condominium Housing Development
The source page is dated 7 March 2022; the release text dates its action 8 March 2022. Both are kept as stated.
9 bids disclosed
Highest S$266,000,000 (S$7,122.20 psm GFA) from CNQC-OS (2) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd. and SNC Realty Pte. Ltd., parent: SingHaiyi Group Ltd.
Read the press releaseHide the press releasehdb-2022-03-07-bbw-ave-8-close
The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Bukit Batok West Avenue 8 for tender on 23 December 2021.
2 The details of the land parcel are as follows:
| Site Details | |
|---|---|
| Location | Bukit Batok West Avenue 8 |
| Proposed Development | Executive Condominium Housing |
| Site Area | 12,449.3 sq m |
| Maximum GFA | 37,348 sq m |
| Maximum Building Height | 60-70m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 375* |
| Lease Term | 99 years |
| Project Completion Period | 60 months from the date of acceptance of tender |
*Actual number of housing units proposed by developer may vary.
3 The tender closed at 12pm today with 9 bids received. The details of the provisional tender results are below:
| S/N | Name of Tenderer | Tender Price ($) | $psm/GFA ($) |
|---|---|---|---|
| 1 | CNQC-OS (2) Pte. Ltd. and SNC Realty Pte. Ltd. | $266,000,000.00 | $7,122.20 |
| 2 | Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. | $253,888,000.00 | $6,797.90 |
| 3 | Sing Holdings Residential Pte. Ltd., MCC Land (Singapore) Pte. Ltd. and Cedar Investments Pte. Ltd. | $252,100,000.00 | $6,750.03 |
| 4 | Four C Residence Pte Ltd., HST JV Pte Ltd. and Four Link Engineering Pte Ltd. | $250,000,999.00 | $6,693.83 |
| 5 | CSC Land Group (Singapore) Pte. Ltd. | $249,248,600.64 | $6,673.68 |
| 6 | Gamuda (Singapore) Pte Ltd and Evia Real Estate (9) Pte Ltd | $245,688,999.00 | $6,578.37 |
| 7 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | $245,500,000.00 | $6,573.31 |
| 8 | Tarak Properties SG Pte. Ltd. | $242,500,000.00 | $6,492.98 |
| 9 | JBE (S) Pte. Ltd. | $211,000,000.00 | $5,649.57 |
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.
23 December 2021
Launched for tender, Confirmed ListHDB Launches Residential Site at Bukit Batok West Avenue 8
The source page is dated 22 December 2021; the release text dates its action 23 December 2021. Both are kept as stated.
Read the press releaseHide the press releasehdb-2021-12-23-bbw-ave-8-launch
The Housing & Development Board (HDB), as the Government’s land sales agent, has launched a residential site at Bukit Batok West Avenue 8 for sale by public tender today, under the Confirmed List of 2nd Half 2021 (2H2021) Government Land Sales (GLS) Programme.
2 The site can potentially yield about 375 residential units. Details on the land parcel can be found in Annex 1, and the location plan is in Annex 2.
3 The tender for the land parcel at Bukit Batok West Avenue 8 will close at 12:00 noon on 8 March 2022. The tender closing for this site will be batched with a residential site at Dairy Farm Walk, which was launched by URA in October 2021 under the Confirmed List of 2H2021 GLS Programme.
Site facts
- Selling authority
- HDB
- Allowable development
- Executive Condominium housing
- Tenure
- 99 years
- Programme list
- Confirmed List (2H2021 programme), launched for tender[hdb-2021-12-23-bbw-ave-8-launch/23122021_annex1.pdf]
- Site area
- 12,449.3 sqm[hdb-2021-12-23-bbw-ave-8-launch/23122021_annex1.pdf]
- Maximum GFA
- 37,348 sqm[hdb-2021-12-23-bbw-ave-8-launch/23122021_annex1.pdf]
- Estimated housing units
- 375[hdb-2021-12-23-bbw-ave-8-launch/23122021_annex1.pdf]
- Height control
- 60-70m SHD[hdb-2021-12-23-bbw-ave-8-launch/23122021_annex1.pdf]
- Tender conditions
- Housing classification: Executive Condominium
- Project completion period: 60 months. From the date of acceptance of tender
- Housing yield: The number of units is an estimate; the release says the actual number proposed by the developer may vary. Not a cap.
- Facts as stated on
- 23 December 2021
The market when bids closed
When bids closed on 8 March 2022, URA's latest quarterly figures were for 4Q2021, published 28 January 2022, 39 days earlier. The next release, 1Q2022, came on 22 April 2022. The table carries on through four releases after it.
| Private residential | 2Q2021Jul 2021 | 3Q2021Oct 2021 | On the day4Q2021Jan 2022 | 1Q2022Apr 2022 | 2Q2022Jul 2022 | 3Q2022Oct 2022 | 4Q2022Jan 2023 | Trend | Change4Q2021 to 4Q2022 |
|---|---|---|---|---|---|---|---|---|---|
| Prices | |||||||||
| Private home price index | 163.5 | 165.3 | 173.6 | 174.8 | 180.9 | 187.8 | 188.6 | +8.6% | |
| Non-landed, core central region | 135.8 | 135.1 | 138.7 | 138.6 | 141.2 | 144.4 | 145.4 | +4.8% | |
| Private rental index | 109.3 | 111.3 | 114.2 | 119.0 | 127.0 | 137.9 | 148.1 | +29.7% | |
| Sales | |||||||||
| New homes sold by developers | 2,966 | 3,550 | 3,018 | 1,825 | 2,397 | 2,187 | 690 | −77.1% | |
| Resales | 5,333 | 5,362 | 4,748 | 3,377 | 4,236 | 3,719 | 2,694 | −43.3% | |
| Sub-sales | 150 | 171 | 159 | 141 | 178 | 242 | 204 | +28.3% | |
| Units launched | 2,356 | 2,149 | 2,275 | 613 | 1,956 | 1,455 | 504 | −77.8% | |
| Supply | |||||||||
| Unsold, uncompleted, with planning approval | 19,384 | 17,140 | 14,154 | 14,087 | 15,805 | 15,677 | 16,024 | +13.2% | |
| Pipeline with planning approval | 47,097 | 47,715 | 46,276 | 47,415 | 48,836 | 49,384 | 46,041 | −0.5% | |
| Vacancy rate | 6.3% | 6.4% | 6.0% | 5.3% | 5.4% | 5.7% | 5.5% | −0.5 pts | |
Each figure is the quarter's own value as URA printed it in that quarter's release, not as later revised. Select a figure to see the annex and page it comes from.
Held back: URA prints the number in more than one place and the table's labels do not settle which one it is, so the archive stores it but does not show it.
Sources
- Press releasePublished 22 December 2021
HDB Launches Residential Site at Bukit Batok West Avenue 8
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 92b4ae860241d3d351dfdaa9f91c88a2cd5993b06447db511ee9b9041c12f8e1
- Size
- 19,539 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 08:38:47 UTC
- Prevo reference
- hdb-2021-12-23-bbw-ave-8-launch
- AnnexPublished 22 December 2021
Annex 1, site details to HDB Launches Residential Site at Bukit Batok West Avenue 8
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 841d37e55533e5e6ea6fabfdb351710a1a850bd4cec2c455bec6a0116ffe1c8e
- Size
- 10,125 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 08:38:47 UTC
- Prevo reference
- hdb-2021-12-23-bbw-ave-8-launch/23122021_annex1.pdf
- AnnexPublished 22 December 2021
Annex 2, location plan to HDB Launches Residential Site at Bukit Batok West Avenue 8
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- e2c9646ebcbcc1af84f78c7f903ffbc2a9bbc6b5feca0cecb204607270db1025
- Size
- 210,377 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 08:38:47 UTC
- Prevo reference
- hdb-2021-12-23-bbw-ave-8-launch/23122021_annex2.pdf
- Press releasePublished 7 March 2022
Provisional Tender Results for Land Parcel at Bukit Batok West Avenue 8 for Executive Condominium Housing Development
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 3aed584b27e136a05443e8d10f61a5edf664acda35de3ce2456d8b1236a452eb
- Size
- 25,388 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 08:38:48 UTC
- Prevo reference
- hdb-2022-03-07-bbw-ave-8-close
- AnnexPublished 7 March 2022
Location plan to Provisional Tender Results for Land Parcel at Bukit Batok West Avenue 8 for Executive Condominium Housing Development
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 1cf70ec90ec2876947e1f5f2ea51ea4c1447b9bacdc20f83087ef6841e6ef809
- Size
- 370,924 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 08:38:48 UTC
- Prevo reference
- hdb-2022-03-07-bbw-ave-8-close/08032022-LocationPlan-BukitBatokWestAve8.pdf
- Page capturePublished 7 March 2022
Browser capture of Provisional Tender Results for Land Parcel at Bukit Batok West Avenue 8 for Executive Condominium Housing Development, 2026-09-19
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- aea0c9a7d0dd6beab8f8f102a8ee64a327d275666a69c9aee5fee3d5cc9acf98
- Size
- 1,274,912 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 07:04:50 UTC
- Prevo reference
- hdb-2022-03-07-bbw-ave-8-close/screencapture-hdb-gov-sg-hdb-pulse-news-2022-provisional-tender-results-for-land-parcel-at-bukit-batok-west-ave-8-for-executive-2026-09-19-15_04_50.pdf
- Press releasePublished 21 March 2022
Final Tender Results for Land Parcel at Bukit Batok West Avenue 8 for Executive Condominium Housing Development
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- fbe292e0591b53a18e632abe28c6cbc846d2e9d9d15875776809dd2b5b98280b
- Size
- 21,058 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 08:38:48 UTC
- Prevo reference
- hdb-2022-03-21-bbw-ave-8-award
- AnnexPublished 21 March 2022
Location plan to Final Tender Results for Land Parcel at Bukit Batok West Avenue 8 for Executive Condominium Housing Development
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- a7ecc6d98d8972cf575f09e07fd12ed333706cfd98afad370056ebdc6fe35591
- Size
- 370,924 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 08:38:48 UTC
- Prevo reference
- hdb-2022-03-21-bbw-ave-8-award/22032022-Location-Plan-Bukit-Batok-West-Ave-8.pdf