[ Land sales ]

Telok Blangah Dr

Awarded

Condominium or Flats. HDB sale site, built as HARBOUR VIEW TOWERS.

[ Award ]

S$25,270,000

Awarded 9 April 1990 to First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Telok Blangah DrCondominium or Flats13,042.3 m²Not statedFirst Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)S$25,270,000
[ All 7 tenderers ]

As listed at the close of 19 January 1990 (hdb-list-bt-merah-s1-close), with the outcome the award of 9 April 1990 gave each.

RankTendererTendered priceOutcome
1First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)S$25,270,000Awarded
2Oaks Development Pte LtdS$20,355,680Unsuccessful
3Ming Court Hotel LtdS$19,500,000Unsuccessful
4GCM Pte LtdS$18,945,900Unsuccessful
5Goldvein Pte Ltd, parent: Bonvests Holdings LimitedS$17,000,000Unsuccessful
6Clunyhill (Pte) LtdS$12,380,000Unsuccessful
7Allgreen Properties LtdS$8,880,000Unsuccessful

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

9 April 1990

Awarded

Bt Merah S1, Telok Blangah Dr: awarded to First Capital Corporation Ltd, as HDB's list of condominium sites sold dates it

Dated as the agency’s list of sites sold prints it (List of Residential Sites). The list is the source; no release of this date is on record.

Awarded to

First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited), S$25,270,000.

Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)

19 January 1990

Tender closed

Bt Merah S1, Telok Blangah Dr: tender closed with 7 priced bids, as HDB's list of condominium sites sold dates it

Dated as the agency’s list of sites sold prints it (List of Residential Sites). The list is the source; no release of this date is on record.

7 bids disclosed

Highest S$25,270,000 from First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited).

Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)

23 November 1989

Launched for tender

Bt Merah S1, Telok Blangah Dr: launched for tender, as HDB's list of condominium sites sold dates it

Dated as the agency’s list of sites sold prints it (List of Residential Sites). The list is the source; no release of this date is on record.

Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)

Site facts

Selling authority
HDB
Allowable development
Condominium or Flats
Tenure
99 years
Programme list
None stated; sold by tender, as hdb's list records itKnown from HDB’s list of sites sold, which does not say whether the parcel was on a Government Land Sales list. No list is inferred.[hdb-list-condo-sites-sold]
Project
Harbour View Towers[hdb-list-condo-sites-sold]
Site area
13,042.3 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 2
Facts as stated on
23 November 1989

Sources

  1. Agency listPublication date not recorded

    List of Residential Sites

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    9bd230ed4ce1149d477391c788afefbb14b311c20f9183b38fc529a4971d6119
    Size
    827,298 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-19 10:58:57 UTC
    Prevo reference
    hdb-list-condo-sites-sold