[ Land sales ]

Tiong Bahru Rd / Jln Membina

Awarded

Condominium or Flats. HDB sale site, built as Central Green.

[ Award ]

S$64,300,000

Awarded 25 March 1992 to Wennin Investment Pte Ltd / Winmost Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winnest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winns Investment Pte Ltd, parent: Wing Tai Holdings Limited.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Tiong Bahru Rd / Jln MembinaCondominium or Flats24,912.5 m²Not statedWennin Investment Pte Ltd / Winmost Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winnest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winns Investment Pte Ltd, parent: Wing Tai Holdings LimitedS$64,300,000
[ All 8 tenderers ]

As listed at the close of 24 January 1992 (hdb-list-bt-merah-s3-close), with the outcome the award of 25 March 1992 gave each.

RankTendererTendered priceOutcome
1Wennin Investment Pte Ltd / Winmost Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winnest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winns Investment Pte Ltd, parent: Wing Tai Holdings LimitedS$64,300,000Awarded
2Allgreen Properties Pte LtdS$57,700,000Unsuccessful
3Bullion Holdings Pte LtdS$50,400,000Unsuccessful
4RMA Land Development Pte LtdS$49,110,000Unsuccessful
5United Overseas Land Ltd, parent: UOL Group Limited (formerly United Overseas Land Limited)S$47,000,000Unsuccessful
6DBS Realty Pte Ltd, parent: DBS Group Holdings LtdS$42,800,000Unsuccessful
7First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)S$41,966,850Unsuccessful
8Bonvest Holding LtdS$31,000,000Unsuccessful

Press releases, latest first

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

25 March 1992

Awarded

Bt Merah S3, Tiong Bahru Rd / Jln Membina: awarded to Wennin Investment Pte Ltd / Winmost Investment Pte Ltd / Winnest Investment Pte Ltd / Winns Investment 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

Wennin Investment Pte Ltd / Winmost Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winnest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winns Investment Pte Ltd, parent: Wing Tai Holdings Limited, S$64,300,000.

Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)

24 January 1992

Tender closed

Bt Merah S3, Tiong Bahru Rd / Jln Membina: tender closed with 8 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.

8 bids disclosed

Highest S$64,300,000 from Wennin Investment Pte Ltd / Winmost Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winnest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winns Investment Pte Ltd, parent: Wing Tai Holdings Limited.

Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)

29 November 1991

Launched for tender

Bt Merah S3, Tiong Bahru Rd / Jln Membina: 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
Central Green[hdb-list-condo-sites-sold]
Site area
24,912.5 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 2.5
Facts as stated on
29 November 1991

Sources

  1. Agency listPublication date not recorded

    List of Residential Sites

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original 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