Serangoon Ave 1

Awarded

Landed. HDB sale site, built as Classical Terrace.

[ Award ]

S$5,520,012

Awarded 2 February 1993 to Sing-Indo Enterprises Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Serangoon Ave 1	Landed	6,032.8 m²	Not stated	Sing-Indo Enterprises Pte Ltd	S$5,520,012

[ All 4 tenderers ]

As listed at the close of 23 October 1992 (hdb-list-serangoon-s3b-close), with the outcome the award of 2 February 1993 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Sing-Indo Enterprises Pte Ltd	S$5,520,012	Awarded
2	Golden Development Pte Ltd, parent: Far East Organization	S$1,983,606	Unsuccessful
3	Swee Hin Enterprise Gunny Bag (Pte) Ltd	S$1,680,000	Unsuccessful
4	Island Tamara Holdings Pte Ltd / Wynyark Investment Pte Ltd / Karimum Shipping Pte Ltd JV	S$1,480,000	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

Awarded

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

Sing-Indo Enterprises Pte Ltd, S$5,520,012.

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

23 October 1992

Tender closed

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.

4 bids disclosed

Highest S$5,520,012 from Sing-Indo Enterprises Pte Ltd.

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

28 August 1992

Launched for tender

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)

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 this row's parcel as "Sernagoon S3b"; its bid table is headed "Serangoon S3b", which is taken.[hdb-list-condo-sites-sold]
Project: Classical Terrace[hdb-list-condo-sites-sold]
Site area: 6,032.8 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