Tampines Town Centre
AwardedCommercial. HDB sale site, built as DBS Tampines Centre.
S$41,131,500
S$1,804.01 psm GFA (derived: the source published the price and no rate). Awarded 1 February 1990 to The Development Bank Of Singapore, parent: DBS Group Holdings Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Tampines Town Centre | Commercial | 5,484.2 m² | 22,800 m² | The Development Bank Of Singapore, parent: DBS Group Holdings Ltd | S$41,131,500(S$1,804.01, derived) |
As listed at the close of 17 November 1989 (hdb-list-tampines-p2-close), with the outcome the award of 1 February 1990 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | The Development Bank Of Singapore, parent: DBS Group Holdings Ltd | S$41,131,500 | Awarded |
| 2 | Allgreen Properties Ltd | S$34,989,196 | Unsuccessful |
| 3 | Pidemco Land Pte Ltd | S$33,000,000 | Unsuccessful |
| 4 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$30,711,520 | Unsuccessful |
| 5 | Bonvests Holdings Ltd | S$27,154,687 | Unsuccessful |
| 6 | Overseas Union Land Pte Ltd and American International Assurance Co Ltd | S$27,100,000 | Unsuccessful |
| 7 | Ho Bee Investment Pte Ltd | S$20,730,000 | Unsuccessful |
| 8 | Lum Chang Properties Ltd | S$19,500,000 | Unsuccessful |
| 9 | Lucky Realty Co Ltd | S$19,200,000 | Unsuccessful |
| 10 | United Overseas Land Ltd, parent: UOL Group Limited (formerly United Overseas Land Limited) | S$16,000,000 | Unsuccessful |
| 11 | OG Pte Ltd | S$15,629,970 | Unsuccessful |
| 12 | Scotts Holdings (Pte) Ltd | S$12,500,000 | Unsuccessful |
| 13 | South Marina Food & Recreation Pte Ltd, Yew Huat Industries Pte Ltd & Others | S$10,300,000 | 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.
1 February 1990
AwardedTampines P2, Tampines Town Centre: awarded to The Development Bank of Singapore, as HDB's list of commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.
Awarded to
The Development Bank Of Singapore, parent: DBS Group Holdings Ltd, S$41,131,500 (S$1,804.01 psm GFA, derived: the source published the price and not the rate).
Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)
17 November 1989
Tender closedTampines P2, Tampines Town Centre: tender closed with 13 priced bids, as HDB's list of commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.
13 bids disclosed
Highest S$41,131,500 from The Development Bank Of Singapore, parent: DBS Group Holdings Ltd.
Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)
22 September 1989
Launched for tenderTampines P2, Tampines Town Centre: launched for tender, as HDB's list of commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.
Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)
Site facts
- Selling authority
- HDB
- Allowable development
- Commercial
- 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-commercial-sites-sold]
- Project
- DBS Tampines Centre[hdb-list-commercial-sites-sold]
- Site area
- 5,484.2 sqm[hdb-list-commercial-sites-sold]
- Maximum GFA
- 22,800 sqm[hdb-list-commercial-sites-sold]
- Facts as stated on
- 22 September 1989
Sources
- Agency listPublication date not recorded
List of Commercial Sites
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal source link unavailable
Technical details
- SHA-256
- d5c8a44e93a5ddaa13607ce2a54af17c75e5086b4cca1b397dd92eb071680ddc
- Size
- 299,963 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 11:00:06 UTC
- Prevo reference
- hdb-list-commercial-sites-sold