Ang Mo Kio Ave 6

Awarded

Condominium or Flats. HDB sale site, built as CASTLE GREEN.

[ Award ]

S$119,000,000

Awarded 1 September 1993 to Allgreen Properties Ltd, Hoe Seng Co Pte Ltd, parent: Hoe Seng Co (Pte) Ltd, Asiawide Investment Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Ang Mo Kio Ave 6	Condominium or Flats	39,575.7 m²	Not stated	Allgreen Properties Ltd, Hoe Seng Co Pte Ltd, parent: Hoe Seng Co (Pte) Ltd, Asiawide Investment Pte Ltd	S$119,000,000

[ All 7 tenderers ]

As listed at the close of 13 May 1993 (hdb-list-ang-mo-kio-s1-close), with the outcome the award of 1 September 1993 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Allgreen Properties Ltd, Hoe Seng Co Pte Ltd, parent: Hoe Seng Co (Pte) Ltd, Asiawide Investment Pte Ltd	S$119,000,000	Awarded
2	Ho Lee Investment (Pte) Ltd	S$112,998,000	Unsuccessful
3	DBS Realty (Pte) Ltd, parent: DBS Group Holdings Ltd	S$103,800,000	Unsuccessful
4	City Development Ltd, parent: City Developments Limited	S$102,200,000	Unsuccessful
5	United Overseas Land Group, UIC Investments (Properties) Pte Ltd, Interpex Service Pte Ltd and Peak Properties Pte Ltd	S$77,000,000	Unsuccessful
6	First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)	S$75,826,754	Unsuccessful
7	Winmax Investment Pte Ltd, parent: Wing Tai Holdings Limited, Winbill Investment Pte Ltd, parent: Wing Tai Holdings Limited	S$75,510,000	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.

1 September 1993

Awarded

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

Allgreen Properties Ltd, Hoe Seng Co Pte Ltd, parent: Hoe Seng Co (Pte) Ltd, Asiawide Investment Pte Ltd, S$119,000,000.

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

13 May 1993

Tender closed

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.

7 bids disclosed

Highest S$119,000,000 from Allgreen Properties Ltd, Hoe Seng Co Pte Ltd, parent: Hoe Seng Co (Pte) Ltd, Asiawide Investment Pte Ltd.

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

12 March 1993

Launched for tender

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)

Selling authority: HDB
Allowable development: Condominium or Flats
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: Castle Green[hdb-list-condo-sites-sold]
Site area: 39,575.7 sqm[hdb-list-condo-sites-sold]
Tender conditions: Development type (list code): CO
Permissible gross plot ratio: 2
Facts as stated on: 12 March 1993