Tampines Street 94
AwardedMixed commercial and residential. HDB sale site.
S$668,280,000
S$10,807.65 psm GFA, about S$1,004 psf ppr (derived). Awarded 10 October 2024 to Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway Berhad
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Tampines Street 94 | Mixed commercial and residential | 23,510.7 m² | 61,834 m² | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway Berhad | S$668,280,000(S$10,807.65) |
As listed at the close of 19 September 2024 (hdb-2024-09-18-tampines-94-close), with the outcome the award of 10 October 2024 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway Berhad | S$668,280,000 | S$10,807.65 | S$1,004 | Awarded |
| 2 | Sing Holdings Residential Pte. Ltd. | S$655,600,999 | S$10,602.60 | S$985 | Unsuccessful |
| 3 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited and Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$560,000,000 | S$9,056.51 | S$841 | Unsuccessful |
| 4 | GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited, Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and Garden Estates (Pte.) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd. | S$550,435,633 | S$8,901.83 | S$827 | Unsuccessful |
| 5 | Soilbuild Group Holdings Ltd. and UED Bravo Pte. Ltd. | S$542,888,119 | S$8,779.77 | S$816 | Unsuccessful |
| 6 | SNC3 Realty Pte. Ltd., Apex Asia Alpha Investment Two Pte. Ltd., parent: Apex Asia Development Pte. Ltd., BHCC Development (Projects) Pte. Ltd., Heeton Homes Pte. Ltd., parent: Heeton Holdings Limited and Soon Li Heng Civil Engineering Pte Ltd | S$541,888,000 | S$8,763.59 | S$814 | 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.
10 October 2024
AwardedFinal Tender Result for Land Parcel at Tampines Street 94 for Mixed Commercial and Residential Development
The source page is dated 9 October 2024; the release text dates its action 10 October 2024. Both are kept as stated.
Awarded to
Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway Berhad, S$668,280,000 (S$10,807.65 psm GFA, about S$1,004 psf ppr).
Read the press releaseHide the press releasehdb-2024-10-09-tampines-94-award
The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Tampines Street 94 for tender on 27 June 2024.
2 The details of the land parcel are as follows:
| Site Details | |
|---|---|
| Location | Tampines Street 94 |
| Proposed Development | Mixed Commercial and Residential development |
| Site Area | 23,510.7 sq m |
| Maximum GFA | 61,834 sq m |
| Maximum Building Height | 58.0 – 64.0m (SHD) |
| Estimated No. of Housing Units | 585* |
| Lease Term | 99 years |
| Project Completion Period | 84 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 Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. at the tender price of $668,280,000.00 on 10 October 2024. The details of the tender results can also be viewed here.
19 September 2024
Tender closedProvisional Tender Results for Land Parcel at Tampines Street 94 for Mixed Commercial and Residential Development
The source page is dated 18 September 2024; the release text dates its action 19 September 2024. Both are kept as stated.
6 bids disclosed
Highest S$668,280,000 (S$10,807.65 psm GFA) from Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway Berhad
Read the press releaseHide the press releasehdb-2024-09-18-tampines-94-close
The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Tampines Street 94 for sale by public tender on 27 June 2024.
2 The details of the land parcel are as follows:
| Site Details | |
|---|---|
| Location | Tampines Street 94 |
| Proposed Development | Mixed Commercial and Residential development |
| Site Area | 23,510.7 sq m |
| Maximum GFA | 61,834 sq m |
| Maximum Building Height | 58.0 – 64.0m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 585* |
| Lease Term | 99 years |
| Project Completion Period | 84 months from the date of acceptance of tender |
*Actual number of housing units proposed by developer may vary.
3 The tender closed at 12pm today with 6 bids received. The details of the provisional tender results are below:
| S/N | Name of Tenderer | Tender Price ($) | $psm/GFA ($) |
|---|---|---|---|
| 1 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. | $668,280,000.00 | $10,807.65 |
| 2 | Sing Holdings Residential Pte. Ltd. | $655,600,999.00 | $10,602.60 |
| 3 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | $560,000,000.00 | $9,056.51 |
| 4 | GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and Garden Estates (Pte.) Limited | $550,435,633.00 | $8,901.83 |
| 5 | Soilbuild Group Holdings Ltd. and UED Bravo Pte. Ltd. | $542,888,119.00 | $8,779.77 |
| 6 | SNC3 Realty Pte. Ltd., Apex Asia Alpha Investment Two Pte. Ltd., BHCC Development (Projects) Pte. Ltd., Heeton Homes Pte. Ltd. and Soon Li Heng Civil Engineering Pte Ltd | $541,888,000.00 | $8,763.59 |
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.
27 June 2024
Launched for tender, Confirmed ListHDB Launches Sale Site at Tampines Street 94
The source page is dated 26 June 2024; the release text dates its action 27 June 2024. Both are kept as stated.
Read the press releaseHide the press releasehdb-2024-06-26-tampines-94-launch
The Housing & Development Board (HDB), as the Government’s land sales agent, has launched a mixed commercial and residential site at Tampines Street 94 for sale by public tender today, under the Confirmed List of 1st Half 2024 (1H2024) Government Land Sales (GLS) Programme.
2 The site can potentially yield about 585 residential units. Details on the land parcel can be found in Annex 1.
Other Details
3 The tender for the sale site at Tampines Street 94 will close at 12:00 noon on Thursday, 19 September 2024. The tender closing for the site will be batched together with another Urban Redevelopment Authority (URA)’s sale site at Media Circle, which was launched on 30 May 2024.
Site facts
- Selling authority
- HDB
- Allowable development
- Mixed commercial and residential
- Tenure
- 99 years
- Programme list
- Confirmed List (1H2024 programme), tender closed[hdb-2024-09-18-tampines-94-close]
- Site area
- 23,510.7 sqm[hdb-2024-09-18-tampines-94-close]
- Maximum GFA
- 61,834 sqm[hdb-2024-09-18-tampines-94-close]
- Estimated housing units
- 585[hdb-2024-09-18-tampines-94-close]
- Height control
- 58-64m SHD[hdb-2024-09-18-tampines-94-close]
- Tender conditions
- 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
- 19 September 20242 versions on record: 27 June 2024, 19 September 2024. Each is kept; the one in force on the reading date is shown.
The market when bids closed
When bids closed on 19 September 2024, URA's latest quarterly figures were for 2Q2024, published 26 July 2024, 55 days earlier. The next release, 3Q2024, came on 25 October 2024. The table carries on through four releases after it.
| Private residential | 4Q2023Jan 2024 | 1Q2024Apr 2024 | On the day2Q2024Jul 2024 | 3Q2024Oct 2024 | 4Q2024Jan 2025 | 1Q2025Apr 2025 | 2Q2025Jul 2025 | Trend | Change2Q2024 to 2Q2025 |
|---|---|---|---|---|---|---|---|---|---|
| Prices | |||||||||
| Private home price index | 201.5 | 204.3 | 206.1 | 204.7 | 209.4 | 211.1 | 213.2 | +3.4% | |
| Non-landed, core central region | 148.1 | 153.1 | 152.6 | 150.9 | 154.8 | 156.0 | 160.7 | +5.3% | |
| Private rental index | 161.0 | 157.9 | 156.6 | 157.9 | 157.9 | 158.5 | 159.8 | +2.0% | |
| Sales | |||||||||
| New homes sold by developers | 1,092 | 1,164 | 725 | 1,160 | 3,420 | 3,375 | 1,212 | +67.2% | |
| Resales | 2,831 | 2,689 | 3,802 | 3,860 | 3,702 | 3,565 | 3,647 | −4.1% | |
| Sub-sales | 411 | 377 | 388 | 352 | 311 | 321 | 269 | −30.7% | |
| Units launched | 1,060 | 1,304 | 634 | 1,284 | 3,425 | 3,139 | 1,520 | +139.7% | |
| Supply | |||||||||
| Unsold, uncompleted, with planning approval | 16,929 | 19,936 | 19,940 | 19,405 | 18,125 | 18,498 | n/a | ||
| Pipeline with planning approval | 34,251 | 38,167 | 37,768 | 35,475 | 35,305 | 35,364 | 36,663 | −2.9% | |
| Vacancy rate | 8.1% | 6.8% | 6.1% | held | 6.6% | 6.5% | held | 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 26 June 2024
HDB Launches Sale Site at Tampines Street 94
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 8311894353a84f116c703b798f32368edf842de7ff254a5e3a7bac0322f4ee61
- Size
- 20,021 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 09:24:07 UTC
- Prevo reference
- hdb-2024-06-26-tampines-94-launch
- AnnexPublished 26 June 2024
Annex 1, site details to HDB Launches Sale Site at Tampines Street 94
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 999a161a42984f977fe5c987fbe5e925fc7174f47e86fbfba884635d015b32b2
- Size
- 75,366 bytes
- Format
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- Retrieved at
- 2026-09-19 09:24:07 UTC
- Prevo reference
- hdb-2024-06-26-tampines-94-launch/27062024-Annex1.pdf
- Press releasePublished 18 September 2024
Provisional Tender Results for Land Parcel at Tampines Street 94 for Mixed Commercial and Residential Development
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 6b783423a31ed3bf65d567475fb3094b9fb6ea2ee6cdbaf15473685f16132595
- Size
- 23,697 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 09:24:07 UTC
- Prevo reference
- hdb-2024-09-18-tampines-94-close
- Page capturePublished 18 September 2024
Browser capture of Provisional Tender Results for Land Parcel at Tampines Street 94 for Mixed Commercial and Residential Development, 2026-09-19
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 2f4643de4756f7b6d153fef683b39f8a3c9757576ca1244eee21f9362af34e02
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- Retrieved at
- 2026-09-19 07:45:49 UTC
- Prevo reference
- hdb-2024-09-18-tampines-94-close/screencapture-hdb-gov-sg-hdb-pulse-news-2024-provisional-tender-results-for-tampines-street-94-2026-09-19-15_45_49.pdf
- Press releasePublished 9 October 2024
Final Tender Result for Land Parcel at Tampines Street 94 for Mixed Commercial and Residential Development
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 1a6104a0eca748327dd6afd0ae9382385c72880da2dfb6ffa15a74a154148250
- Size
- 20,862 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 09:24:07 UTC
- Prevo reference
- hdb-2024-10-09-tampines-94-award
- AnnexPublished 9 October 2024
Location plan to Final Tender Result for Land Parcel at Tampines Street 94 for Mixed Commercial and Residential Development
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 42795023d409fff53403c21f8e92d0d0c220977d385af9f5a185abb02c42ae6b
- Size
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- Retrieved at
- 2026-09-19 09:24:07 UTC
- Prevo reference
- hdb-2024-10-09-tampines-94-award/10102024-Location-Plan.pdf
- Page capturePublished 9 October 2024
Browser capture of Final Tender Result for Land Parcel at Tampines Street 94 for Mixed Commercial and Residential Development, 2026-09-19
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 92dbb43e123f65cf443a5577f542aca7c3a5b719ec5e870828ed06e002eacf51
- Size
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- Format
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- Retrieved at
- 2026-09-19 07:46:46 UTC
- Prevo reference
- hdb-2024-10-09-tampines-94-award/screencapture-hdb-gov-sg-hdb-pulse-news-2024-final-tender-result-for-land-parcel-at-tampines-street-94-2026-09-19-15_46_46.pdf