[ Land sales ]

Corporation Drive

Awarded

Landed. HDB sale site, built as Lakeside Grove.

[ Award ]

S$45,900,000

Awarded 26 January 1996 to The Dynasty Corporation (S) Pte Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Corporation DriveLanded21,311.3 m²Not statedThe Dynasty Corporation (S) Pte LtdS$45,900,000
[ All 3 tenderers ]

As listed at the close of 30 November 1995 (hdb-list-jurong-west-s3b-close), with the outcome the award of 26 January 1996 gave each.

RankTendererTendered priceOutcome
1The Dynasty Corporation (S) Pte LtdS$45,900,000Awarded
2Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL)S$36,700,000Unsuccessful
3Dawnatron Pte LtdS$33,100,000Unsuccessful

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

26 January 1996

Awarded

Jurong West S3b, Corporation Drive: awarded to The Dynasty Corporation(s) Pte 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

The Dynasty Corporation (S) Pte Ltd, S$45,900,000.

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

30 November 1995

Tender closed

Jurong West S3b, Corporation Drive: tender closed with 3 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.

3 bids disclosed

Highest S$45,900,000 from The Dynasty Corporation (S) Pte Ltd.

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

29 September 1995

Launched for tender

Jurong West S3b, Corporation Drive: 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
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
Lakeside Grove[hdb-list-condo-sites-sold]
Site area
21,311.3 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): LP
Facts as stated on
29 September 1995

Sources

  1. Agency listPublication date not recorded

    List of Residential Sites

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original 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