Chencharu Close
AwardedMixed commercial and residential, integrated with a bus interchange and a hawker centre. HDB sale site.
S$1,012,588,989.89
S$10,546.92 psm GFA, about S$980 psf ppr (derived). Awarded 26 September 2025 to Evia MCS Pte. Ltd., parent: Evia Real Estate Pte. Ltd., Gamuda (Singapore) Pte. Ltd., parent: Gamuda Berhad and H108 Pte. Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Chencharu Close | Mixed commercial and residential, integrated with a bus interchange and a hawker centre | 29,450.3 m² | 96,008 m² | Evia MCS Pte. Ltd., parent: Evia Real Estate Pte. Ltd., Gamuda (Singapore) Pte. Ltd., parent: Gamuda Berhad and H108 Pte. Ltd. | S$1,012,588,989.89(S$10,546.92) |
As listed at the close of 11 September 2025 (hdb-2025-09-10-chencharu-sembawang-close), with the outcome the award of 26 September 2025 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Evia MCS Pte. Ltd., parent: Evia Real Estate Pte. Ltd., Gamuda (Singapore) Pte. Ltd., parent: Gamuda Berhad and H108 Pte. Ltd. | S$1,012,588,989.89 | S$10,546.92 | S$980 | Awarded |
| 2 | Phoenix Property 1 Pte. Ltd. and Phoenix Property 2 Pte. Ltd. | S$845,000,000 | S$8,801.35 | S$818 | Unsuccessful |
| 3 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited & Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$692,400,000 | S$7,211.90 | S$670 | 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.
26 September 2025
AwardedFinal Tender Results for: (i) Mixed Commercial and Residential Development at Chencharu Close; and (ii) Executive Condominium Housing Development at Sembawang Road
The source page is dated 25 September 2025; the release text dates its action 26 September 2025. Both are kept as stated.
Awarded to
Evia MCS Pte. Ltd., parent: Evia Real Estate Pte. Ltd., Gamuda (Singapore) Pte. Ltd., parent: Gamuda Berhad and H108 Pte. Ltd., S$1,012,588,989.89 (S$10,546.92 psm GFA, about S$980 psf ppr).
Read the press releaseHide the press releasehdb-2025-09-25-chencharu-sembawang-award
The Housing & Development Board (HDB), as the Government’s land sales agent, launched land parcels at Chencharu Close and Sembawang Road for tender on 26 September 2024 and 29 May 2025 respectively.
2 The details of the two land parcels are as follows:
| Proposed Development | Mixed Use Development comprising a Commercial and Residential Development integrated with a Bus Interchange and a Hawker Centre | Executive Condominium Housing Development |
|---|---|---|
| Location | Chencharu Close | Sembawang Road |
| Site Area | 29,450.3 sq m | 18,967.2 sq m |
| Maximum GFA | 96,008 sq m | 26,555 sq m |
| Maximum Building Height | 61 Singapore Height Datum (SHD) | 40 - 45m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 875* | 265* |
| Lease Term | 99 years | |
| Project Completion Period | 84 months from the date of acceptance of tender | 60 months from the date of acceptance of tender |
*Actual number of housing units proposed by developer may vary
3 The tenders for the two land parcels have been awarded to the respective Successful Tenderer today (26 September 2025), as follows:
| Land Parcel | Successful Tenderer | Tender Price |
|---|---|---|
| Chencharu Close | Evia MCS Pte. Ltd., Gamuda (Singapore) Pte. Ltd. and H108 Pte. Ltd. | $1,012,588,989.89 |
| Sembawang Road | Oriental Pacific Development Pte. Ltd. | $197,777,000.00 |
4 The details of the tender result can also be viewed here.
11 September 2025
Tender closedProvisional Tender Results for: (i) Mixed Commercial and Residential Development at Chencharu Close; and (ii) Executive Condominium Housing Development at Sembawang Road
The source page is dated 10 September 2025; the release text dates its action 11 September 2025. Both are kept as stated.
3 bids disclosed
Highest S$1,012,588,989.89 (S$10,546.92 psm GFA) from Evia MCS Pte. Ltd., parent: Evia Real Estate Pte. Ltd., Gamuda (Singapore) Pte. Ltd., parent: Gamuda Berhad and H108 Pte. Ltd.
Read the press releaseHide the press releasehdb-2025-09-10-chencharu-sembawang-close
The Housing & Development Board (HDB), as the Government’s land sales agent, launched land parcels at Chencharu Close and Sembawang Road for tender on 26 September 2024 and 29 May 2025 respectively.
2 The details of the two land parcels are as follows:
| Proposed Development | Mixed Use Development comprising a Commercial and Residential Development integrated with a Bus Interchange and a Hawker Centre | Executive Condominium Housing Development |
|---|---|---|
| Location | Chencharu Close | Sembawang Road |
| Site Area | 29,450.3 sq m | 18,967.2 sq m |
| Maximum GFA | 96,008 sq m | 26,555 sq m |
| Maximum Building Height | 61 Singapore Height Datum (SHD) | 40 - 45m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 875* | 265* |
| Lease Term | 99 years | 99 years |
| Project Completion Period | 84 months from the date of acceptance of tender | 60 months from the date of acceptance of tender |
*Actual number of housing units proposed by developer may vary
3 The tenders closed at 12pm today. The details of the provisional tender results are as shown below:
(i) Chencharu Close
| S/N | Name of Tenderer | Tender Price ($) | $psm/GFA ($) |
|---|---|---|---|
| 1 | Evia MCS Pte. Ltd., Gamuda (Singapore) Pte. Ltd. and H108 Pte. Ltd. | $1,012,588,989.89 | $10,546.92 |
| 2 | Phoenix Property 1 Pte. Ltd. and Phoenix Property 2 Pte. Ltd. | $845,000,000 | $8,801.35 |
| 3 | Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd | $692,400,000 | $7,211.90 |
(ii) Sembawang Road
| S/N | Name of Tenderer | Tender Price ($) | $psm/GFA ($) |
|---|---|---|---|
| 1 | Oriental Pacific Development Pte. Ltd. | $197,777,000 | $7,447.83 |
| 2 | TID Residential Pte. Ltd. | $190,089,000 | $7,158.31 |
| 3 | ABR Holdings Limited, RP Ventures Pte. Ltd., Macly Capital Pte. Ltd., LWH Holdings Pte. Ltd. | $168,168,168 | $6,332.83 |
| 3 | Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd | $109,000,000 | $4,104.69 |
4 A decision on the award of the tenders will be made after the bids have been evaluated. This will be published at a later date.
26 September 2024
Launched for tender, Confirmed ListHDB Launches Sale Site at Chencharu Close
The source page is dated 25 September 2024; the release text dates its action 26 September 2024. Both are kept as stated.
Read the press releaseHide the press releasehdb-2024-09-25-chencharu-launch
The Housing & Development Board (HDB), as the Government’s land sales agent, has launched a mixed-use site comprising a commercial and residential development integrated with a bus interchange and a hawker centre at Chencharu Close for sale by public tender today, under the Confirmed List of 2nd half 2024 (2H2024) Government Land Sales (GLS) Programme.
2 The site can potentially yield about 875 residential units. Details on the land parcel can be found in Annex 1.
Other Details
3 The tender for the sale site at Chencharu Close will close at 12:00 noon on Thursday, 22 May 2025.
Site facts
- Selling authority
- HDB
- Allowable development
- Mixed commercial and residential, integrated with a bus interchange and a hawker centre
- Tenure
- 99 years
- Programme list
- Confirmed List (2H2024 programme), tender closed[hdb-2025-09-10-chencharu-sembawang-close]
- Site area
- 29,450.3 sqm[hdb-2025-09-10-chencharu-sembawang-close]
- Maximum GFA
- 96,008 sqm[hdb-2025-09-10-chencharu-sembawang-close]
- Estimated housing units
- 875[hdb-2025-09-10-chencharu-sembawang-close]
- Height control
- 61m SHD[hdb-2025-09-10-chencharu-sembawang-close]
- Tender conditions
- Integrated uses: Commercial and residential development integrated with a bus interchange and a hawker centre
- Project completion period: 84 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
- 11 September 20252 versions on record: 26 September 2024, 11 September 2025. Each is kept; the one in force on the reading date is shown.
The market when bids closed
When bids closed on 11 September 2025, URA's latest quarterly figures were for 2Q2025, published 25 July 2025, 48 days earlier. The next release, 3Q2025, came on 24 October 2025. The table carries on through four releases after it.
| Private residential | 4Q2024Jan 2025 | 1Q2025Apr 2025 | On the day2Q2025Jul 2025 | 3Q2025Oct 2025 | 4Q2025Jan 2026 | 1Q2026Apr 2026 | 2Q2026Jul 2026 | Trend | Change2Q2025 to 2Q2026 |
|---|---|---|---|---|---|---|---|---|---|
| Prices | |||||||||
| Private home price index | 209.4 | 211.1 | 213.2 | 215.1 | 216.4 | 218.3 | 219.4 | +2.9% | |
| Non-landed, core central region | 154.8 | 156.0 | 160.7 | 163.4 | 157.7 | 158.6 | 161.5 | +0.5% | |
| Private rental index | 157.9 | 158.5 | 159.8 | 161.7 | 160.9 | 161.4 | 162.5 | +1.7% | |
| Sales | |||||||||
| New homes sold by developers | 3,420 | 3,375 | 1,212 | 3,288 | 2,940 | 2,013 | 2,141 | +76.7% | |
| Resales | 3,702 | 3,565 | 3,647 | 3,881 | 3,529 | 3,225 | 3,813 | +4.6% | |
| Sub-sales | 311 | 321 | 269 | 235 | 230 | 175 | 194 | −27.9% | |
| Units launched | 3,425 | 3,139 | 1,520 | 4,191 | 2,632 | 1,844 | 1,783 | +17.3% | |
| Supply | |||||||||
| Unsold, uncompleted, with planning approval | 19,405 | 18,125 | 18,498 | 17,029 | 14,859 | 16,095 | 14,929 | −19.3% | |
| Pipeline with planning approval | 35,305 | 35,364 | 36,663 | 36,814 | 35,690 | 38,133 | 38,556 | +5.2% | |
| Vacancy rate | 6.6% | 6.5% | held | held | 6.0% | 6.2% | 6.4% | n/a | |
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 25 September 2024
HDB Launches Sale Site at Chencharu Close
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
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- Retrieved at
- 2026-09-19 09:24:07 UTC
- Prevo reference
- hdb-2024-09-25-chencharu-launch
- AnnexPublished 25 September 2024
Annex 1, site details to HDB Launches Sale Site at Chencharu Close
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- Size
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- Format
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- Retrieved at
- 2026-09-19 09:24:07 UTC
- Prevo reference
- hdb-2024-09-25-chencharu-launch/26092024-Annex1.pdf
- Press releasePublished 10 September 2025
Provisional Tender Results for: (i) Mixed Commercial and Residential Development at Chencharu Close; and (ii) Executive Condominium Housing Development at Sembawang Road
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- cbcca54c1a69a7987079ba0036d0c8be7d557a99d728ffa817e824aad179a58c
- Size
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- Retrieved at
- 2026-09-19 09:24:08 UTC
- Prevo reference
- hdb-2025-09-10-chencharu-sembawang-close
- Page capturePublished 10 September 2025
Browser capture of Provisional Tender Results for: (i) Mixed Commercial and Residential Development at Chencharu Close; and (ii) Executive Condominium Housing Development at Sembawang Road, 2026-09-19
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- 2026-09-19 07:52:29 UTC
- Prevo reference
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- Press releasePublished 25 September 2025
Final Tender Results for: (i) Mixed Commercial and Residential Development at Chencharu Close; and (ii) Executive Condominium Housing Development at Sembawang Road
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- Size
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- Format
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- Retrieved at
- 2026-09-19 09:24:08 UTC
- Prevo reference
- hdb-2025-09-25-chencharu-sembawang-award
- Page capturePublished 25 September 2025
Browser capture of Final Tender Results for: (i) Mixed Commercial and Residential Development at Chencharu Close; and (ii) Executive Condominium Housing Development at Sembawang Road, 2026-09-19
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- 2026-09-19 07:52:57 UTC
- Prevo reference
- hdb-2025-09-25-chencharu-sembawang-award/screencapture-hdb-gov-sg-hdb-pulse-news-2025-final-tender-results-chencharu-close-sembawang-road-2026-09-19-15_52_57.pdf