[ Land sales ]

Simei St 3

Awarded

Commercial. HDB sale site, built as Eastpoint Malll.

[ Award ]

S$31,500,000

S$1,085.46 psm GFA (derived: the source published the price and no rate). Awarded 7 May 1993 to Golden Development Pte Ltd, parent: Far East Organization.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Simei St 3Commercial10,100 m²29,020 m²Golden Development Pte Ltd, parent: Far East OrganizationS$31,500,000(S$1,085.46, derived)
[ The one tender received ]

As listed at the close of 23 October 1992 (hdb-list-simei-nc-close), with the outcome the award of 7 May 1993 gave each.

RankTendererTendered priceOutcome
1Golden Development Pte Ltd, parent: Far East OrganizationS$31,500,000Awarded

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

7 May 1993

Awarded

Simei NC, Simei St 3: awarded to Golden Development Pte Ltd, as HDB's list of commercial sites sold dates it

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

Awarded to

Golden Development Pte Ltd, parent: Far East Organization, S$31,500,000 (S$1,085.46 psm GFA, derived: the source published the price and not the rate).

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

23 October 1992

Tender closed

Simei NC, Simei St 3: tender closed with 1 priced bid, as HDB's list of commercial sites sold dates it

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

1 bid disclosed

Highest S$31,500,000 from Golden Development Pte Ltd, parent: Far East Organization.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

28 August 1992

Launched for tender

Simei NC, Simei St 3: launched for tender, as HDB's list of commercial sites sold dates it

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

Site facts

Selling authority
HDB
Allowable development
Commercial
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-commercial-sites-sold]
Project
Eastpoint Malll[hdb-list-commercial-sites-sold]
Site area
10,100 sqm[hdb-list-commercial-sites-sold]
Maximum GFA
29,020 sqm[hdb-list-commercial-sites-sold]
Facts as stated on
28 August 1992

Sources

  1. Agency listPublication date not recorded

    List of Commercial Sites

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    d5c8a44e93a5ddaa13607ce2a54af17c75e5086b4cca1b397dd92eb071680ddc
    Size
    299,963 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-19 11:00:06 UTC
    Prevo reference
    hdb-list-commercial-sites-sold