[ Land sales ]

Hougang Ave 10

Awarded

Commercial. HDB sale site, built as NTUC Hougang Mall.

[ Award ]

S$24,110,000

S$1,205.50 psm GFA (derived: the source published the price and no rate). Awarded 21 January 1994 to Winzest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winbill Investment Pte Ltd, parent: Wing Tai Holdings Limited.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Hougang Ave 10Commercial6,300 m²20,000 m²Winzest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winbill Investment Pte Ltd, parent: Wing Tai Holdings LimitedS$24,110,000(S$1,205.50, derived)
[ The one tender received ]

As listed at the close of 14 October 1993 (hdb-list-hougang-p2-close), with the outcome the award of 21 January 1994 gave each.

RankTendererTendered priceOutcome
1Winzest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winbill Investment Pte Ltd, parent: Wing Tai Holdings LimitedS$24,110,000Awarded

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

Hougang P2, Hougang Ave 10: awarded to Winzest Investment Pte Ltd / Winbill Investment Pte 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

Winzest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winbill Investment Pte Ltd, parent: Wing Tai Holdings Limited, S$24,110,000 (S$1,205.50 psm GFA, derived: the source published the price and not the rate).

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

14 October 1993

Tender closed

Hougang P2, Hougang Ave 10: tender closed with 1 priced bid, 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.

1 bid disclosed

Highest S$24,110,000 from Winzest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winbill Investment Pte Ltd, parent: Wing Tai Holdings Limited.

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

13 August 1993

Launched for tender

Hougang P2, Hougang Ave 10: 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
NTUC Hougang Mall[hdb-list-commercial-sites-sold]
Site area
6,300 sqm[hdb-list-commercial-sites-sold]
Maximum GFA
20,000 sqm[hdb-list-commercial-sites-sold]
Facts as stated on
13 August 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