Ganges Ave / Indus Rd
AwardedCondominium or Flats. HDB sale site, built as EMERALD PARK.
S$36,780,000
Awarded 14 June 1991 to Far East Organisation Centre Pte Ltd, parent: Far East Organization.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Ganges Ave / Indus Rd | Condominium or Flats | 16,465.9 m² | Not stated | Far East Organisation Centre Pte Ltd, parent: Far East Organization | S$36,780,000 |
As listed at the close of 24 April 1991 (hdb-list-bt-merah-s2-close), with the outcome the award of 14 June 1991 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Far East Organisation Centre Pte Ltd, parent: Far East Organization | S$36,780,000 | Awarded |
| 2 | Sing Development (Pte) Ltd, parent: Sing Holdings Limited and Sing Holdings Ltd | S$24,962,304.40 | Unsuccessful |
| 3 | Norgay Investments Pte Ltd | S$22,800,000 | Unsuccessful |
| 4 | Lam San Development Pte Ltd | S$19,850,795 | Unsuccessful |
| 5 | Kengfu Development Pte Ltd | S$17,680,000 | Unsuccessful |
| 6 | Teo Teck Huat (S) Pte Ltd and Ong & Lim Enterprise Pte Ltd | S$16,000,000 | Unsuccessful |
| 7 | United Overseas Land Ltd, parent: UOL Group Limited (formerly United Overseas Land Limited) | S$15,597,028 | Unsuccessful |
| 8 | Hong Leong Holdings Ltd | S$15,000,000 | Unsuccessful |
| 9 | Sing-Indo Enterprises Pte Ltd | S$12,481,152.20 | Unsuccessful |
| 10 | Alwyn Development Pte Ltd | S$7,210,000 | 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
AwardedBt Merah S2, Ganges Ave / Indus Rd: awarded to Far East Organisation Centre Pte 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
Far East Organisation Centre Pte Ltd, parent: Far East Organization, S$36,780,000.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
24 April 1991
Tender closedBt Merah S2, Ganges Ave / Indus Rd: tender closed with 10 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.
10 bids disclosed
Highest S$36,780,000 from Far East Organisation Centre Pte Ltd, parent: Far East Organization.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
27 February 1991
Launched for tenderBt Merah S2, Ganges Ave / Indus Rd: 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
- Emerald Park[hdb-list-condo-sites-sold]
- Site area
- 16,465.9 sqm[hdb-list-condo-sites-sold]
- Tender conditions
- Development type (list code): CO
- Permissible gross plot ratio: 2
- Facts as stated on
- 27 February 1991
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