[ Land sales ]

Yishun Town Centre

Awarded

Commercial. HDB sale site, built as Golden Village Yishun 10.

[ Award ]

S$16,356,000

S$2,869.47 psm GFA (derived: the source published the price and no rate). Awarded 1 February 1990 to Dartina Development Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Yishun Town CentreCommercial3,635.2 m²5,700 m²Dartina Development LtdS$16,356,000(S$2,869.47, derived)
[ All 9 tenderers ]

As listed at the close of 17 November 1989 (hdb-list-yishun-p2-close), with the outcome the award of 1 February 1990 gave each.

RankTendererTendered priceOutcome
1Dartina Development LtdS$16,356,000Awarded
2Shaw Brothers Ltd, parent: Shaw Organisation Pte. Ltd.S$12,500,000Unsuccessful
3Eng Wah Film (Pte) LtdS$12,000,000Unsuccessful
4Allgreen Properties LtdS$7,633,920Unsuccessful
5MacDonald's Restaurants Pte LtdS$5,830,860.80Unsuccessful
6Bonvests Holdings LtdS$5,399,842Unsuccessful
7Woh Hup Pte Ltd, Lee Kim Tah Holdings Ltd, Metro Holdings Ltd & Mr J Ballas or NomineesS$4,610,000Unsuccessful
8Overseas Movie Pte LtdS$3,990,000Unsuccessful
9Luck Realty Co LtdS$800,000Unsuccessful

Press releases, latest first

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

1 February 1990

Awarded

Yishun P2, Yishun Town Centre: awarded to Dartina Development 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

Dartina Development Ltd, S$16,356,000 (S$2,869.47 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 closed

Yishun P2, 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$16,356,000 from Dartina Development Ltd.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

22 September 1989

Launched for tender

Yishun P2, 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
Golden Village Yishun 10[hdb-list-commercial-sites-sold]
Site area
3,635.2 sqm[hdb-list-commercial-sites-sold]
Maximum GFA
5,700 sqm[hdb-list-commercial-sites-sold]
Facts as stated on
22 September 1989

Sources

  1. Agency listPublication date not recorded

    List of Commercial Sites

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original 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