Serangoon Ave 1
AwardedLanded. HDB sale site, built as Ardisia Gardens.
S$13,980,239
Awarded 2 February 1993 to RDC Land Pte Ltd, parent: Sembcorp Industries Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Serangoon Ave 1 | Landed | 10,829 m² | Not stated | RDC Land Pte Ltd, parent: Sembcorp Industries Ltd | S$13,980,239 |
As listed at the close of 23 October 1992 (hdb-list-serangoon-s3f-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$13,980,239 | Awarded |
| 2 | Creative Investments Pte Ltd | S$10,100,000 | Unsuccessful |
| 3 | Lido Development Pte Ltd | S$8,970,000 | Unsuccessful |
| 4 | DBS Realty Pte Ltd, parent: DBS Group Holdings Ltd | S$7,800,000 | Unsuccessful |
| 5 | Union Investment Holding Pte Ltd | S$7,477,470 | Unsuccessful |
| 6 | Chip Tiong Investment Pte Ltd | S$7,149,522.38 | Unsuccessful |
| 7 | Island Tamara Holdings Pte Ltd / Wynyark Investment Pte Ltd / Karimun Shipping Pte Ltd | S$5,400,000 | Unsuccessful |
| 8 | Melodies Ltd | S$4,500,000 | Unsuccessful |
| 9 | Golden Development Pte Ltd, parent: Far East Organization | S$2,614,754 | 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 S3f, 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$13,980,239.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
23 October 1992
Tender closedSerangoon S3f, Serangoon Ave 1: tender closed with 9 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.
9 bids disclosed
Highest S$13,980,239 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 S3f, 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
- Ardisia Gardens[hdb-list-condo-sites-sold]
- Site area
- 10,829 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