Petir Rd
AwardedApartment. HDB sale site, built as MAYSPRINGS.
S$157,153,000
Awarded 19 August 1994 to First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Petir Rd | Apartment | 25,000 m² | Not stated | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$157,153,000 |
As listed at the close of 28 April 1994 (hdb-list-bt-panjang-s1-close), with the outcome the award of 19 August 1994 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$157,153,000 | Awarded |
| 2 | CPL Complex Pte Ltd | S$142,455,409 | Unsuccessful |
| 3 | Far East Organization Centre Pte Ltd, parent: Far East Organization | S$139,429,000 | Unsuccessful |
| 4 | City Developments Ltd | S$138,000,000 | Unsuccessful |
| 5 | Wing Tai Land Pte Ltd / Wingem Investment Pte Ltd, parent: Wing Tai Holdings Limited | S$100,190,000 | Unsuccessful |
| 6 | LKN Development Pte Ltd, parent: LKN Group | S$80,800,000 | 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.
19 August 1994
AwardedBt Panjang S1, Petir Rd: awarded to First Capital Corporation 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
First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited), S$157,153,000.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
28 April 1994
Tender closedBt Panjang S1, Petir Rd: tender closed with 6 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.
6 bids disclosed
Highest S$157,153,000 from First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited).
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
25 February 1994
Launched for tenderBt Panjang S1, 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
- Apartment
- 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
- Maysprings[hdb-list-condo-sites-sold]
- Site area
- 25,000 sqm[hdb-list-condo-sites-sold]
- Tender conditions
- Development type (list code): AP
- Permissible gross plot ratio: 3
- Facts as stated on
- 25 February 1994
Sources
- Agency listPublication date not recorded
List of Residential Sites
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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