Lorong Chuan / Serangoo n Ave 3
AwardedCondominium or Flats. HDB sale site, built as Springbloom.
S$200,571,588
Awarded 9 December 1994 to Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Lorong Chuan / Serangoo n Ave 3 | Condominium or Flats | 24,309.9 m² | Not stated | Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL) | S$200,571,588 |
As listed at the close of 27 October 1994 (hdb-list-serangoon-s2-close), with the outcome the award of 9 December 1994 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL) | S$200,571,588 | Awarded |
| 2 | Pidemco Land Ltd, parent: CapitaLand Limited (formed through merger of Pidemco Land and DBS Land) | S$170,380,000 | Unsuccessful |
| 3 | Far East Organization Centre Pte Ltd, parent: Far East Organization | S$146,180,000 | Unsuccessful |
| 4 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$128,006,000 | Unsuccessful |
| 5 | Chelville Investment Pte Ltd / Chelshire Investment Pte Ltd | S$123,400,000 | 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.
9 December 1994
AwardedSerangoon S2, Lorong Chuan / Serangoo n Ave 3: awarded to Malayan Credit 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
Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL), S$200,571,588.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
27 October 1994
Tender closedSerangoon S2, Lorong Chuan / Serangoo n Ave 3: tender closed with 5 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.
5 bids disclosed
Highest S$200,571,588 from Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL).
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
26 August 1994
Launched for tenderSerangoon S2, Lorong Chuan / Serangoo n Ave 3: 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
- Springbloom[hdb-list-condo-sites-sold]
- Site area
- 24,309.9 sqm[hdb-list-condo-sites-sold]
- Tender conditions
- Development type (list code): CO
- Permissible gross plot ratio: 2.8
- Facts as stated on
- 26 August 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