Bishan Rd
AwardedCommercial. HDB sale site, built as Junction 8 Shopping Centre.
S$54,000,000
S$1,542.86 psm GFA (derived: the source published the price and no rate). Awarded 14 June 1991 to CDC - Construction & Development Pte Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Bishan Rd | Commercial | 11,114.1 m² | 35,000 m² | CDC - Construction & Development Pte Ltd | S$54,000,000(S$1,542.86, derived) |
As listed at the close of 24 April 1991 (hdb-list-bishan-p1-close), with the outcome the award of 14 June 1991 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | CDC - Construction & Development Pte Ltd | S$54,000,000 | Awarded |
| 2 | City Developments Ltd | S$53,880,000 | Unsuccessful |
| 3 | Straits Steamship Land Ltd & DBS Land | S$40,380,000 | Unsuccessful |
| 4 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$38,288,074.50 | Unsuccessful |
| 5 | Hotel Properties Ltd | S$36,100,000 | Unsuccessful |
| 6 | Wing Tai Holdings Ltd | S$35,788,000 | Unsuccessful |
| 7 | Kheng Ann Investment Pte Ltd | S$25,000,000 | Unsuccessful |
| 8 | Alwyn Development Pte Ltd | S$23,880,000 | 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.
14 June 1991
AwardedBishan P1, Bishan Rd: awarded to CDC Construction & Development 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
CDC - Construction & Development Pte Ltd, S$54,000,000 (S$1,542.86 psm GFA, derived: the source published the price and not the rate).
Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)
24 April 1991
Tender closedBishan P1, Bishan Rd: tender closed with 8 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.
8 bids disclosed
Highest S$54,000,000 from CDC - Construction & Development Pte Ltd.
Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)
27 February 1991
Launched for tenderBishan P1, Bishan Rd: 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
- Junction 8 Shopping Centre[hdb-list-commercial-sites-sold]
- Site area
- 11,114.1 sqm[hdb-list-commercial-sites-sold]
- Maximum GFA
- 35,000 sqm[hdb-list-commercial-sites-sold]
- Facts as stated on
- 27 February 1991
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