[ Land sales ]

Tanglin Rd / Alexandra Rd

Awarded

Condominium or Flats. HDB sale site, built as TANGLIN REGENCY.

[ Award ]

S$57,872,250

Awarded 21 January 1994 to First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Tanglin Rd / Alexandra RdCondominium or Flats10,542.1 m²Not statedFirst Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)S$57,872,250
[ All 13 tenderers ]

As listed at the close of 14 October 1993 (hdb-list-bt-merah-s4-close), with the outcome the award of 21 January 1994 gave each.

RankTendererTendered priceOutcome
1First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)S$57,872,250Awarded
2Glory Realty Co Pte Ltd, parent: Far East OrganizationS$54,399,000Unsuccessful
3Keck Seng Hotel Pte Ltd & Keck Seng Investments (HK) Ltd & Newford Pte LtdS$52,000,000Unsuccessful
4Hong Leong Holdings LtdS$50,500,000Unsuccessful
5Sing-Indo Development Pte LtdS$50,296,359.10Unsuccessful
6City Development Ltd, parent: City Developments LimitedS$50,200,000Unsuccessful
7DBS Realty (Pte) Ltd, parent: DBS Group Holdings LtdS$49,800,000Unsuccessful
8Winshine Investment Pte Ltd,Winzest Investment Pte LtdS$49,510,000Unsuccessful
9Marco Polo Development LtdS$48,000,000Unsuccessful
10United Overseas Land Ltd, parent: UOL Group Limited (formerly United Overseas Land Limited) & Shenton Holdings Pte LtdS$41,300,000Unsuccessful
11CDC-Construction & Development Pte LtdS$40,108,000Unsuccessful
12Sing Development (Pte) Ltd, parent: Sing Holdings Limited & FH Lee Holdings (Pte) LtdS$40,030,000Unsuccessful
13Jihe Development Pte Ltd, Straits Construction Co Pte Ltd, parent: Straits Construction Group Pte. Ltd., Mode Circle Co Pte Ltd & Great Wealth Holdings Pte Ltd-Joint VentureS$35,685,000Unsuccessful

Press releases, latest first

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

21 January 1994

Awarded

Bt Merah S4, Tanglin Rd / Alexandra 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$57,872,250.

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

14 October 1993

Tender closed

Bt Merah S4, Tanglin Rd / Alexandra Rd: tender closed with 13 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.

13 bids disclosed

Highest S$57,872,250 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)

13 August 1993

Launched for tender

Bt Merah S4, Tanglin Rd / Alexandra 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
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
Tanglin Regency[hdb-list-condo-sites-sold]
Site area
10,542.1 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 2.1
Facts as stated on
13 August 1993

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