[ Land sales ]

Petir Rd

Awarded

Bungalow Housing, or Landed. HDB sale site, built as Mera Gardens.

[ Award ]

S$106,399,440

Awarded 21 January 1994 to Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Petir RdBungalow Housing, or Landed58,838.3 m²Not statedMalayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL)S$106,399,440
[ All 4 tenderers ]

As listed at the close of 14 October 1993 (hdb-list-bt-panjang-s2-close), with the outcome the award of 21 January 1994 gave each.

RankTendererTendered priceOutcome
1Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL)S$106,399,440Awarded
2Orchard Parade Land Pte Ltd, parent: Far East Orchard Limited (formerly Orchard Parade Holdings Limited)S$105,190,000Unsuccessful
3Winshine Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winbill Investment Pte Ltd, parent: Wing Tai Holdings LimitedS$90,190,000Unsuccessful
4Allgreen Properties Ltd / Hoe Seng Co Pte Ltd, parent: Hoe Seng Co (Pte) LtdS$73,180,000Unsuccessful

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 Panjang S2, Petir Rd: awarded to Malayan Credit 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

Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL), S$106,399,440.

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

14 October 1993

Tender closed

Bt Panjang S2, Petir Rd: tender closed with 4 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.

4 bids disclosed

Highest S$106,399,440 from Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL).

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

13 August 1993

Launched for tender

Bt Panjang S2, Petir 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
Bungalow Housing, or Landed
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 row prints one NA for plot ratio and GFA together.[hdb-list-condo-sites-sold]
Project
Mera Gardens[hdb-list-condo-sites-sold]
Site area
58,838.3 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): BH / LP
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