Serangoon Ave 3
AwardedCondominium or Flats. HDB sale site, built as CHILTERN PARK.
S$32,940,000
Awarded 7 December 1990 to First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Serangoon Ave 3 | Condominium or Flats | 36,000 m² | Not stated | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$32,940,000 |
As listed at the close of 7 September 1990 (hdb-list-serangoon-s1-close), with the outcome the award of 7 December 1990 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$32,940,000 | Awarded |
| 2 | Primular Investments Pte Ltd | S$24,408,000 | Unsuccessful |
| 3 | City Development Ltd, parent: City Developments Limited | S$23,250,000 | Unsuccessful |
| 4 | Ming Court Hotel Ltd | S$20,180,000 | Unsuccessful |
| 5 | Joinwell Investments Inc | S$19,000,000 | 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.
7 December 1990
AwardedSerangoon S1, Serangoon Ave 3: 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$32,940,000.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
7 September 1990
Tender closedSerangoon S1, Serangoon Ave 3: tender closed with 5 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.
5 bids disclosed
Highest S$32,940,000 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)
13 July 1990
Launched for tenderSerangoon S1, Serangoon Ave 3: 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
- Chiltern Park[hdb-list-condo-sites-sold]
- Site area
- 36,000 sqm[hdb-list-condo-sites-sold]
- Tender conditions
- Development type (list code): CO
- Permissible gross plot ratio: 2.1
- Facts as stated on
- 13 July 1990
Sources
- Agency listPublication date not recorded
List of Residential Sites
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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