[ Land sales ]

Tampines Ave 4

Awarded

Commercial. HDB sale site, built as Tampines Mall.

[ Award ]

S$93,800,000

S$2,186.48 psm GFA (derived: the source published the price and no rate). Awarded 6 June 1992 to DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land) & NTUC Fairprice Co-Operative Ltd, parent: NTUC Enterprise Co-operative Limited.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Tampines Ave 4Commercial12,629.4 m²42,900 m²DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land) & NTUC Fairprice Co-Operative Ltd, parent: NTUC Enterprise Co-operative LimitedS$93,800,000(S$2,186.48, derived)
[ All 5 tenderers ]

As listed at the close of 27 March 1992 (hdb-list-tampines-p4-close), with the outcome the award of 6 June 1992 gave each.

RankTendererTendered priceOutcome
1DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land) & NTUC Fairprice Co-Operative Ltd, parent: NTUC Enterprise Co-operative LimitedS$93,800,000Awarded
2RMA - Land Development Pte Ltd / M & P Investments Pte Ltd / Metro (Golden Mile) Pte Ltd / Kimiso SuperMarket (S) Pte LtdS$78,120,000Unsuccessful
3First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)S$77,700,000Unsuccessful
4City Developments LtdS$60,800,000Unsuccessful
5Fiero Development Pte LtdS$37,800,000Unsuccessful

Press releases, latest first

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

6 June 1992

Awarded

Tampines P4, Tampines Ave 4: awarded to DBS Land Ltd / NTUC Fairprice Co-operative, 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

DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land) & NTUC Fairprice Co-Operative Ltd, parent: NTUC Enterprise Co-operative Limited, S$93,800,000 (S$2,186.48 psm GFA, derived: the source published the price and not the rate).

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

27 March 1992

Tender closed

Tampines P4, Tampines Ave 4: tender closed with 5 priced bids, 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.

5 bids disclosed

Highest S$93,800,000 from DBS Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land) & NTUC Fairprice Co-Operative Ltd, parent: NTUC Enterprise Co-operative Limited.

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

31 January 1992

Launched for tender

Tampines P4, Tampines Ave 4: 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
Tampines Mall[hdb-list-commercial-sites-sold]
Site area
12,629.4 sqm[hdb-list-commercial-sites-sold]
Maximum GFA
42,900 sqm[hdb-list-commercial-sites-sold]
Facts as stated on
31 January 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