Woodlands Drive 17 (26,979.9 sqm parcel)
AwardedExecutive Condominium housing. HDB sale site.
S$484,000,000
S$8,542.48 psm GFA, about S$794 psf ppr (derived). Awarded 20 January 2026 to Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited & Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Woodlands Drive 17 (26,979.9 sqm parcel) | Executive Condominium housing | 26,979.9 m² | 56,658 m² | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited & Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$484,000,000(S$8,542.48) |
As listed at the close of 13 January 2026 (hdb-2026-01-12-woodlands-560-close), with the outcome the award of 20 January 2026 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited & Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited | S$484,000,000 | S$8,542.48 | S$794 | Awarded |
| 2 | CNQC Realty (Prime) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd., Forsea Residence Pte. Ltd., parent: Soilbuild Group Holdings Ltd / Yanlord Land Group Limited / United Engineers Limited interests (exact shareholding requires registry confirmation) and Jianan Realty Investments (1) Pte. Ltd. | S$482,093,836 | S$8,508.84 | S$790 | Unsuccessful |
| 3 | 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$463,498,700 | S$8,180.64 | S$760 | 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.
20 January 2026
AwardedFinal Tender Result for Executive Condominium (EC) Development Site at Woodlands Drive 17
The source page is dated 19 January 2026; the release text dates its action 20 January 2026. Both are kept as stated.
Awarded to
Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited & Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited, S$484,000,000 (S$8,542.48 psm GFA, about S$794 psf ppr).
Read the press releaseHide the press releasehdb-2026-01-19-woodlands-560-award
The Housing & Development Board (HDB), as the Government's land sales agent, launched the land parcel at Woodlands Drive 17 for tender on 16 October 2025.
2 The details of the land parcel are as follows:
| Proposed Development | Executive Condominium Housing |
|---|---|
| Location | Woodlands Drive 17 |
| Site Area | 26,979.9 sqm |
| Maximum GFA | 56,658 sqm |
| Maximum Building Height | 61m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 560* |
| 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 Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd at the tender price of $484,000,000 on 20 January 2026. The details of the tender result can also be viewed here.
13 January 2026
Tender closedProvisional Tender Results for Executive Condominium Development Site at Woodlands Drive 17
The source page is dated 12 January 2026; the release text dates its action 13 January 2026. Both are kept as stated.
3 bids disclosed
Highest S$484,000,000 (S$8,542.48 psm GFA) from Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited & Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited.
Read the press releaseHide the press releasehdb-2026-01-12-woodlands-560-close
The Housing & Development Board (HDB), as the Government’s land sales agent, launched the land parcel at Woodlands Drive 17 for tender on 16 October 2025.
2 The details of the land parcel are as follows:
| Proposed Development | Executive Condominium housing development |
|---|---|
| Location | Woodlands Drive 17 |
| Site Area | 26,979.9 sq m |
| Maximum GFA | 56,658 sq m |
| Maximum Building Height | 61m Singapore Height Datum (SHD) |
| Estimated No. of Housing Units | 560* |
| Lease Term | 99 years |
| Project Completion Period | 60 months from the date of acceptance of tender |
*Actual number of housing units proposed by developer may vary.
3 The tender closed at 12pm today. The details of the provisional tender results are shown below:
| S/N | Name of Tenderer | Tender Price ($) | $psm/GFA ($) |
|---|---|---|---|
| 1 | Sim Lian Land Pte Ltd & Sim Lian Development Pte Ltd | $484,000,000.00 | $8,542.48 |
| 2 | CNQC Realty (Prime) Pte. Ltd., Forsea Residence Pte. Ltd. and Jianan Realty Investments (1) Pte. Ltd. | $482,093,836.00 | $8,508.84 |
| 3 | Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. | $463,498,700.00 | $8,180.64 |
16 October 2025
Launched for tender, Confirmed ListHDB Launches Tender for Sale Site at Woodlands Drive 17
The source page is dated 15 October 2025; the release text dates its action 16 October 2025. Both are kept as stated.
Read the press releaseHide the press releasehdb-2025-10-15-woodlands-560-launch
The Housing & Development Board (HDB), as the Government’s land sales agent, has launched an Executive Condominium (EC) site at Woodlands Drive 17 for sale by public tender today.
2 The EC site, which can potentially yield about 560 residential units, is among the 10 Confirmed List sites under the Government Land Sales (GLS) Programme for the second half of 2025 (2H2025). Details of the land parcel can be found in the Annex.
Other Details
3 The tender will close at 12:00 noon on Tuesday, 13 January 2026.
Site facts
- Selling authority
- HDB
- Allowable development
- Executive Condominium housing
- Tenure
- 99 years
- Programme list
- Confirmed List (2H2025 programme), launched for tender[hdb-2025-10-15-woodlands-560-launch/20251016-Annex.pdf]
- Site area
- 26,979.9 sqm[hdb-2025-10-15-woodlands-560-launch/20251016-Annex.pdf]
- Maximum GFA
- 56,658 sqm[hdb-2025-10-15-woodlands-560-launch/20251016-Annex.pdf]
- Estimated housing units
- 560[hdb-2025-10-15-woodlands-560-launch/20251016-Annex.pdf]
- Height control
- 61m SHD[hdb-2025-10-15-woodlands-560-launch/20251016-Annex.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
- 16 October 2025
The market when bids closed
When bids closed on 13 January 2026, URA's latest quarterly figures were for 3Q2025, published 24 October 2025, 81 days earlier. The 4Q2025 figures followed ten days after the close. The table carries on through three releases after it.
| Private residential | 1Q2025Apr 2025 | 2Q2025Jul 2025 | On the day3Q2025Oct 2025 | 4Q2025Jan 2026 | 1Q2026Apr 2026 | 2Q2026Jul 2026 | Trend | Change3Q2025 to 2Q2026 |
|---|---|---|---|---|---|---|---|---|
| Prices | ||||||||
| Private home price index | 211.1 | 213.2 | 215.1 | 216.4 | 218.3 | 219.4 | +2.0% | |
| Non-landed, core central region | 156.0 | 160.7 | 163.4 | 157.7 | 158.6 | 161.5 | −1.2% | |
| Private rental index | 158.5 | 159.8 | 161.7 | 160.9 | 161.4 | 162.5 | +0.5% | |
| Sales | ||||||||
| New homes sold by developers | 3,375 | 1,212 | 3,288 | 2,940 | 2,013 | 2,141 | −34.9% | |
| Resales | 3,565 | 3,647 | 3,881 | 3,529 | 3,225 | 3,813 | −1.8% | |
| Sub-sales | 321 | 269 | 235 | 230 | 175 | 194 | −17.4% | |
| Units launched | 3,139 | 1,520 | 4,191 | 2,632 | 1,844 | 1,783 | −57.5% | |
| Supply | ||||||||
| Unsold, uncompleted, with planning approval | 18,125 | 18,498 | 17,029 | 14,859 | 16,095 | 14,929 | −12.3% | |
| Pipeline with planning approval | 35,364 | 36,663 | 36,814 | 35,690 | 38,133 | 38,556 | +4.7% | |
| Vacancy rate | 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 15 October 2025
HDB Launches Tender for Sale Site at Woodlands Drive 17
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- d3d28a3c5b275aa11cffc2081159fd94778013bcb4b1754ee117fb68b962c50f
- Size
- 19,362 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 09:24:08 UTC
- Prevo reference
- hdb-2025-10-15-woodlands-560-launch
- AnnexPublished 15 October 2025
Annex, site details to HDB Launches Tender for Sale Site at Woodlands Drive 17
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 0c06299f32d0c46b0a02668014cf145112a64731fcc138731b199af733ff2acb
- Size
- 15,569 bytes
- Format
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- Retrieved at
- 2026-09-19 09:24:08 UTC
- Prevo reference
- hdb-2025-10-15-woodlands-560-launch/20251016-Annex.pdf
- Press releasePublished 12 January 2026
Provisional Tender Results for Executive Condominium Development Site at Woodlands Drive 17
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 9f545296390bef1e3064d8a7ff8534765b425bf62e2f512294da26f2a9a4e925
- Size
- 22,439 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 09:24:08 UTC
- Prevo reference
- hdb-2026-01-12-woodlands-560-close
- Page capturePublished 12 January 2026
Browser capture of Provisional Tender Results for Executive Condominium Development Site at Woodlands Drive 17, 2026-09-19
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- e2f2877cb493b30065f0de7f0ce0162c867fb28c7f1e4b11c4073118290bb2e5
- Size
- 929,858 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 08:01:54 UTC
- Prevo reference
- hdb-2026-01-12-woodlands-560-close/screencapture-hdb-gov-sg-hdb-pulse-news-2026-provisional-tender-results-for-executive-condominium-development-site-at-woodlands-drive-17-2026-09-19-16_01_54.pdf
- Press releasePublished 19 January 2026
Final Tender Result for Executive Condominium (EC) Development Site at Woodlands Drive 17
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- d1980eb0d35a35a0a68b1bc17185f95d69a4eecb342611863add3822af4f0e5a
- Size
- 20,995 bytes
- Format
- text/html
- Retrieved at
- 2026-09-19 09:24:08 UTC
- Prevo reference
- hdb-2026-01-19-woodlands-560-award
- AnnexPublished 19 January 2026
Location plan to Final Tender Result for Executive Condominium (EC) Development Site at Woodlands Drive 17
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 981e7a1ec4f06cce0d09a280cc4ea4a3082304a433bf36a55e7d5ada9bd9e584
- Size
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- Format
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- Retrieved at
- 2026-09-19 09:24:08 UTC
- Prevo reference
- hdb-2026-01-19-woodlands-560-award/Location-Plan-Woodlands-Drive-17.pdf
- Page capturePublished 19 January 2026
Browser capture of Final Tender Result for Executive Condominium (EC) Development Site at Woodlands Drive 17, 2026-09-19
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 94d5ada2f9fd32067ee99c4d7fc76db815133e1101de28fe1fe650e1d76dd1bf
- Size
- 827,843 bytes
- Format
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- Retrieved at
- 2026-09-19 08:02:32 UTC
- Prevo reference
- hdb-2026-01-19-woodlands-560-award/screencapture-hdb-gov-sg-hdb-pulse-news-2026-final-tender-result-for-ec-woodlands-dr-17-2026-09-19-16_02_32.pdf