[ Land sales ]

Simei Rd

Awarded

Apartment. HDB sale site, built as MELVILLE PARK.

[ Award ]

S$98,000,000

Awarded 6 June 1992 to First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Simei RdApartment75,646.7 m²Not statedFirst Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)S$98,000,000
[ All 3 tenderers ]

As listed at the close of 27 March 1992 (hdb-list-tampines-s1-close), with the outcome the award of 6 June 1992 gave each.

RankTendererTendered priceOutcome
1First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)The bid table prints 98,000.00, in thousands of dollars: its rank 1 is the row's tender price divided by 1,000.S$98,000,000Awarded
2Hong Leong Holdings LtdThe bid table prints 62,500.00, in thousands of dollars: its rank 1 is the row's tender price divided by 1,000.S$62,500,000Unsuccessful
3Primular Investments Pte LtdThe bid table prints 39,800.00, in thousands of dollars: its rank 1 is the row's tender price divided by 1,000.S$39,800,000Unsuccessful

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 S1, Simei Rd: awarded to First Capital Corporation 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

First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited), S$98,000,000.

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

27 March 1992

Tender closed

Tampines S1, Simei Rd: tender closed with 3 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.

3 bids disclosed

Highest S$98,000,000 from First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited).

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

31 January 1992

Launched for tender

Tampines S1, Simei Rd: 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
Apartment
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 bid table also lists Toa Corporation, printed "No offer", with no price.[hdb-list-condo-sites-sold]
Project
Melville Park[hdb-list-condo-sites-sold]
Site area
75,646.7 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): AP
  • Permissible gross plot ratio: 2
Facts as stated on
31 January 1992

Sources

  1. Agency listPublication date not recorded

    List of Residential Sites

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original 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