Yishun Town Centre
AwardedCommercial. HDB sale site, built as Northpoint Shopping Centre.
S$42,000,000
S$1,962.62 psm GFA (derived: the source published the price and no rate). Awarded 1 February 1990 to Cold Storage Singapore (1983) Pte Ltd, parent: DFI Retail Group Holdings Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Yishun Town Centre | Commercial | 6,790.2 m² | 21,400 m² | Cold Storage Singapore (1983) Pte Ltd, parent: DFI Retail Group Holdings Limited | S$42,000,000(S$1,962.62, derived) |
As listed at the close of 17 November 1989 (hdb-list-yishun-p1-close), with the outcome the award of 1 February 1990 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Cold Storage Singapore (1983) Pte Ltd, parent: DFI Retail Group Holdings Limited | S$42,000,000 | Awarded |
| 2 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$28,518,840 | Unsuccessful |
| 3 | Allgreen Properties Ltd | S$24,852,132 | Unsuccessful |
| 4 | Woh Hup Pte Ltd, Lee Kim Tah Holdings Ltd, Metro Holdings Ltd & Mr J Ballas or Nominees | S$22,310,000 | Unsuccessful |
| 5 | Bonvests Holdings Ltd | S$20,903,658 | Unsuccessful |
| 6 | Lucky Realty Co Ltd | S$19,200,000 | Unsuccessful |
| 7 | Lee Development Ptr Ltd, Aurum Land Pte Ltd or Nominee | S$19,000,000 | Unsuccessful |
| 8 | Plaza Singapura (Pte) Ltd | S$16,980,000 | Unsuccessful |
| 9 | Kengfu Development Pte Ltd | S$15,080,000 | 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
AwardedYishun P1, Yishun Town Centre: awarded to Cold Storage Singapore (1983) Pte Ltd, 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
Cold Storage Singapore (1983) Pte Ltd, parent: DFI Retail Group Holdings Limited, S$42,000,000 (S$1,962.62 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 closedYishun P1, Yishun Town Centre: tender closed with 9 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.
9 bids disclosed
Highest S$42,000,000 from Cold Storage Singapore (1983) Pte Ltd, parent: DFI Retail Group Holdings Limited.
Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)
22 September 1989
Launched for tenderYishun P1, Yishun 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
- Northpoint Shopping Centre[hdb-list-commercial-sites-sold]
- Site area
- 6,790.2 sqm[hdb-list-commercial-sites-sold]
- Maximum GFA
- 21,400 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