Serangoon Ave 1
AwardedLanded. HDB sale site, built as Rindu Terrace.
S$2,765,309.30
Awarded 2 February 1993 to RDC Land Pte Ltd, parent: Sembcorp Industries Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Serangoon Ave 1 | Landed | 2,106.1 m² | Not stated | RDC Land Pte Ltd, parent: Sembcorp Industries Ltd | S$2,765,309.30 |
As listed at the close of 23 October 1992 (hdb-list-serangoon-s3c-close), with the outcome the award of 2 February 1993 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | RDC Land Pte Ltd, parent: Sembcorp Industries Ltd | S$2,765,309.30 | Awarded |
| 2 | Hoi Hup Realty Pte Ltd | S$2,222,000 | Unsuccessful |
| 3 | Ho Bee Investment Pte Ltd | S$2,106,000 | Unsuccessful |
| 4 | Hua Kok Realty (Pte) Ltd | S$2,084,720 | Unsuccessful |
| 5 | Hougang Town Central Development Pte Ltd | S$2,028,000 | Unsuccessful |
| 6 | Mr Goh Peng Tong & Mr Lim Boon Leng, John | S$1,889,800 | Unsuccessful |
| 7 | Yuet Fong Realty Pte Ltd | S$1,800,000 | Unsuccessful |
| 8 | United Consultants Pte Ltd | S$1,748,063 | Unsuccessful |
| 9 | Creative Investments Pte Ltd | S$1,700,000 | Unsuccessful |
| 10 | Goodhouse Development Pte Ltd | S$1,500,000 | Unsuccessful |
| 11 | Golden Development Pte Ltd, parent: Far East Organization | S$1,442,622 | Unsuccessful |
| 12 | Mr Ho Ming Heng / Mdm Lim Siew Heng, Priscilla & Mdm Yeo Kim Neo | S$1,133,081.80 | Unsuccessful |
| 13 | Island Tamara Holding Pte Ltd / Wnyark Investment Pte Ltd / Karimun Shipping Pte Ltd | S$880,008 | Unsuccessful |
| 14 | Swee Hin Enterprise Gunny Bag (Pte) Ltd | S$880,000 | 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
AwardedSerangoon S3c, Serangoon Ave 1: awarded to RDC Land 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
RDC Land Pte Ltd, parent: Sembcorp Industries Ltd, S$2,765,309.30.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
23 October 1992
Tender closedSerangoon S3c, Serangoon Ave 1: tender closed with 14 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.
14 bids disclosed
Highest S$2,765,309.30 from RDC Land Pte Ltd, parent: Sembcorp Industries Ltd.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
28 August 1992
Launched for tenderSerangoon S3c, 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
- Rindu Terrace[hdb-list-condo-sites-sold]
- Site area
- 2,106.1 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
- 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