[ Land sales ]

Choa Chu Kang Ave 4

Awarded

Commercial. HDB sale site, built as Lot One Shoppers' Mall.

[ Award ]

S$47,800,000

S$1,707.14 psm GFA (derived: the source published the price and no rate). Awarded 1 September 1993 to City Development Ltd, parent: City Developments Limited.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Choa Chu Kang Ave 4Commercial8,400 m²28,000 m²City Development Ltd, parent: City Developments LimitedS$47,800,000(S$1,707.14, derived)
[ All 5 tenderers ]

As listed at the close of 13 May 1993 (hdb-list-choa-chu-kang-p1-close), with the outcome the award of 1 September 1993 gave each.

RankTendererTendered priceOutcome
1City Development Ltd, parent: City Developments LimitedS$47,800,000Awarded
2Hiap Hoe Holdings Pte LtdS$45,880,000Unsuccessful
3First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)S$36,167,200Unsuccessful
4Ho Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd.S$33,810,000Unsuccessful
5Oh Kian Seng & Yeo Jiew YewS$32,000,000Unsuccessful

Press releases, latest first

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

1 September 1993

Awarded

Choa Chu Kang P1, Choa Chu Kang Ave 4: awarded to City Development Ltd, 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

City Development Ltd, parent: City Developments Limited, S$47,800,000 (S$1,707.14 psm GFA, derived: the source published the price and not the rate).

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

13 May 1993

Tender closed

Choa Chu Kang P1, Choa Chu Kang 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$47,800,000 from City Development Ltd, parent: City Developments Limited.

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

13 March 1993

Launched for tender

Choa Chu Kang P1, Choa Chu Kang 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
Lot One Shoppers' Mall[hdb-list-commercial-sites-sold]
Site area
8,400 sqm[hdb-list-commercial-sites-sold]
Maximum GFA
28,000 sqm[hdb-list-commercial-sites-sold]
Facts as stated on
13 March 1993

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