Hougang Avenue 9
AwardedMixed commercial and residential. HDB sale site, built as Central Place.
S$70,180,000
S$3,773.12 psm GFA (derived: the source published the price and no rate). Awarded 30 November 1995 to Golden Development Pte Ltd, parent: Far East Organization.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Hougang Avenue 9 | Mixed commercial and residential | 15,500 m² | 18,600 m² | Golden Development Pte Ltd, parent: Far East Organization | S$70,180,000(S$3,773.12, derived) |
As listed at the close of 28 September 1995 (hdb-list-hougang-n9nc-close), with the outcome the award of 30 November 1995 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Golden Development Pte Ltd, parent: Far East Organization | S$70,180,000 | Awarded |
| 2 | Ruby Holdings Pte Ltd | S$61,135,000 | Unsuccessful |
| 3 | Gutherie GTS Ltd, Tang Eng Pte Ltd, Bellora Investments Pte Ltd, First Systems Holding Pte Ltd, Columbia Trading Pte Ltd, Mr Pang Pok / Proposed J. Y. Pte Ltd, Ang Hock Beng Pte Ltd | S$55,000,000 | Unsuccessful |
| 4 | UIC Development Pte Ltd | S$52,800,000 | Unsuccessful |
| 5 | Heeton Development Pte Ltd, parent: Heeton Holdings Limited | S$43,100,000 | Unsuccessful |
| 6 | SuperBowl Holdings Ltd | S$38,308,000 | Unsuccessful |
| 7 | Silverdale Investment Pte Ltd | S$21,000,000 | 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.
30 November 1995
AwardedHougang N9NC, Hougang Avenue 9: awarded to Golden Development Pte Ltd, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
Awarded to
Golden Development Pte Ltd, parent: Far East Organization, S$70,180,000 (S$3,773.12 psm GFA, derived: the source published the price and not the rate).
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
28 September 1995
Tender closedHougang N9NC, Hougang Avenue 9: tender closed with 7 priced bids, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
7 bids disclosed
Highest S$70,180,000 from Golden Development Pte Ltd, parent: Far East Organization.
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
28 July 1995
Launched for tenderHougang N9NC, Hougang Avenue 9: launched for tender, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
Site facts
- Selling authority
- HDB
- Allowable development
- Mixed commercial and residential
- 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-mixed-sites-sold]
- Project
- Central Place[hdb-list-mixed-sites-sold]
- Site area
- 15,500 sqm[hdb-list-mixed-sites-sold]
- Maximum GFA
- 18,600 sqm[hdb-list-mixed-sites-sold]
- Tender conditions
- Permissible gross plot ratio: 1.2
- Facts as stated on
- 28 July 1995
Sources
- Agency listPublication date not recorded
List of mixed residential and commercial sites sold
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal source link unavailable
Technical details
- SHA-256
- 417df251cb8624ba806df3a6cb6e628e19acead2b258f3f5cd6df6c021fc4d83
- Size
- 261,098 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 11:00:31 UTC
- Prevo reference
- hdb-list-mixed-sites-sold