Yio Chu Kang Rd / Hougang Ave 2

Awarded

Landed. HDB sale site, built as Parkvillas.

[ Award ]

S$56,539,000

Awarded 21 January 1994 to Glory Realty Co Pte Ltd, parent: Far East Organization.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Yio Chu Kang Rd / Hougang Ave 2	Landed	24,173.8 m²	Not stated	Glory Realty Co Pte Ltd, parent: Far East Organization	S$56,539,000

[ All 5 tenderers ]

As listed at the close of 14 October 1993 (hdb-list-hougang-s1b-close), with the outcome the award of 21 January 1994 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Glory Realty Co Pte Ltd, parent: Far East Organization	S$56,539,000	Awarded
2	First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited)	S$52,041,400	Unsuccessful
3	DBS Realty (Pte) Ltd, parent: DBS Group Holdings Ltd	S$47,830,000	Unsuccessful
4	Allgreen Properties Ltd & Hoe Seng Co (Pte) Ltd	S$36,780,000	Unsuccessful
5	Winzest Investment Pte Ltd, parent: Wing Tai Holdings Limited / Winmax Investment Pte Ltd, parent: Wing Tai Holdings Limited	S$32,100,000	Unsuccessful

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

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

Glory Realty Co Pte Ltd, parent: Far East Organization, S$56,539,000.

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

14 October 1993

Tender closed

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.

5 bids disclosed

Highest S$56,539,000 from Glory Realty Co Pte Ltd, parent: Far East Organization.

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

13 August 1993

Launched for tender

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)

Selling authority: HDB
Allowable development: 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.[hdb-list-condo-sites-sold]
Project: Parkvillas[hdb-list-condo-sites-sold]
Site area: 24,173.8 sqm[hdb-list-condo-sites-sold]
Tender conditions: Development type (list code): LP
Facts as stated on: 13 August 1993