[ Land sales ]

Serangoon Ave 1

Awarded

Landed. HDB sale site, built as Bartley Villas.

[ Award ]

S$15,100,000

Awarded 2 February 1993 to Park Court Pte Ltd / Allgreen Properties Ltd / Hoe Seng Co Pte Ltd JV, parent: Hoe Seng Co (Pte) Ltd / joint-venture partner not stated.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Serangoon Ave 1Landed16,417 m²Not statedPark Court Pte Ltd / Allgreen Properties Ltd / Hoe Seng Co Pte Ltd JV, parent: Hoe Seng Co (Pte) Ltd / joint-venture partner not statedS$15,100,000
[ All 10 tenderers ]

As listed at the close of 23 October 1992 (hdb-list-serangoon-s3a-close), with the outcome the award of 2 February 1993 gave each.

RankTendererTendered priceOutcome
1Park Court Pte Ltd / Allgreen Properties Ltd / Hoe Seng Co Pte Ltd JV, parent: Hoe Seng Co (Pte) Ltd / joint-venture partner not statedS$15,100,000Awarded
2Sing-Indo Enterprises Pte LtdS$14,167,871Unsuccessful
3Tong Eng Brothers Pte LtdS$12,608,000Unsuccessful
4First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)S$12,400,000Unsuccessful
5Union Investment Holding Private LtdS$11,888,000Unsuccessful
6DBS Realty (Pte) Ltd, parent: DBS Group Holdings LtdS$11,680,000Unsuccessful
7Sim Lian Construction Co Pte LtdS$10,288,205.56Unsuccessful
8Lido Development (Pte) LtdS$8,460,000Unsuccessful
9Duit Property Development Pte LtdS$5,300,720Unsuccessful
10Golden Development Pte Ltd, parent: Far East OrganizationS$3,967,216Unsuccessful

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

Awarded

Serangoon S3a, Serangoon Ave 1: awarded to Park Court Pte Ltd / Allgreen Properties Ltd / Hoe Seng Co Pte Ltd JV, 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

Park Court Pte Ltd / Allgreen Properties Ltd / Hoe Seng Co Pte Ltd JV, parent: Hoe Seng Co (Pte) Ltd / joint-venture partner not stated, S$15,100,000.

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

23 October 1992

Tender closed

Serangoon S3a, Serangoon Ave 1: 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$15,100,000 from Park Court Pte Ltd / Allgreen Properties Ltd / Hoe Seng Co Pte Ltd JV, parent: Hoe Seng Co (Pte) Ltd / joint-venture partner not stated.

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

28 August 1992

Launched for tender

Serangoon S3a, Serangoon Ave 1: 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.[hdb-list-condo-sites-sold]
Project
Bartley Villas[hdb-list-condo-sites-sold]
Site area
16,417 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): LP
  • Permissible gross plot ratio: 0.8
Facts as stated on
28 August 1992

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