[ Land sales ]

Clementi Ave 6

Awarded

Condominium or Flats. HDB sale site, built as Regetn Park.

[ Award ]

S$54,267,500

Awarded 1 September 1993 to HO Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd..

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Clementi Ave 6Condominium or Flats14,933.3 m²Not statedHO Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd.S$54,267,500
[ All 12 tenderers ]

As listed at the close of 13 May 1993 (hdb-list-clementi-s2-close), with the outcome the award of 1 September 1993 gave each.

RankTendererTendered priceOutcome
1HO Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd.S$54,267,500Awarded
2Liang Court Holdings Ltd, Ban Guan Enterprise Pte LtdS$48,950,000Unsuccessful
3Allgreen Properties,Hoe Seng Co Pte Ltd, Asiawide Investment Pte LtdS$48,800,000Unsuccessful
4Frist Capital Corporation LtdS$45,511,134Unsuccessful
5Waterville Investment Pte LtdS$43,008,009Unsuccessful
6United Overseas Land Group, Velverton Investment Pte Ltd,RMA Land Development Pte Ltd and Peak Properties Pte LtdS$43,000,000Unsuccessful
7EURO - Asia Land (Pte) LtdS$40,668,000Unsuccessful
8Winwill Investment Pte Ltd, parent: Wing Tai Holdings Limited, WinmaxS$38,960,000Unsuccessful
9Jihe Development Pte Ltd, Mode Circl Pte Ltd and Hoi Hup Realty Pte Ltd - Joint VentureS$36,830,000Unsuccessful
10Trade & Industrial Development Pte LtdS$36,640,002Unsuccessful
11International Real Estate Corporation (Pte) LtdS$34,300,000Unsuccessful
12Sing - Indo Development Pte LtdS$34,064,777.60Unsuccessful

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

Clementi S2, Clementi Ave 6: awarded to Ho Lee Investments Pte 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

HO Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd., S$54,267,500.

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

13 May 1993

Tender closed

Clementi S2, Clementi Ave 6: tender closed with 12 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.

12 bids disclosed

Highest S$54,267,500 from HO Lee Investments (Pte) Ltd, parent: Ho Lee Group Pte. Ltd..

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

12 March 1993

Launched for tender

Clementi S2, Clementi Ave 6: 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
Regetn Park[hdb-list-condo-sites-sold]
Site area
14,933.3 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

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