Loyang Ave
AwardedLanded. HDB sale site, built as Loyang Villas.
S$73,400,000
Awarded 2 February 1993 to First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Loyang Ave | Landed | 104,783.7 m² | Not stated | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$73,400,000 |
As listed at the close of 23 October 1992 (hdb-list-pasir-ris-s1-close), with the outcome the award of 2 February 1993 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$73,400,000 | Awarded |
| 2 | Overseas Union Land Pte Ltd / Liang Court Holdings Ltd / Tuan Huat Development Pte Ltd | S$69,910,000 | Unsuccessful |
| 3 | City Development Ltd, parent: City Developments Limited | S$68,200,000 | Unsuccessful |
| 4 | Li Hills Investment Pte Ltd / Pissaro Internation Pte Ltd / Hickson Pte Ltd | S$41,806,600 | Unsuccessful |
| 5 | Golden Development Pte Ltd, parent: Far East Organization | S$39,000,000 | 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.
2 February 1993
AwardedPasir Ris S1, Loyang Ave: 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$73,400,000.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
23 October 1992
Tender closedPasir Ris S1, Loyang Ave: 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$73,400,000 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)
28 August 1992
Launched for tenderPasir Ris S1, Loyang Ave: 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
- Landed
- 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.The list prints the site area as "104,783. 7".[hdb-list-condo-sites-sold]
- Project
- Loyang Villas[hdb-list-condo-sites-sold]
- Site area
- 104,783.7 sqm[hdb-list-condo-sites-sold]
- Tender conditions
- Development type (list code): LP
- Permissible gross plot ratio: 1.2
- Facts as stated on
- 28 August 1992
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