Pasir Ris Drive 3

Awarded

Terrace Housing. HDB sale site, built as The Riverina.

[ Award ]

S$105,118,000

Awarded 29 March 1996 to Ho Bee Developments Pte Ltd, parent: Ho Bee Land Limited.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Pasir Ris Drive 3	Terrace Housing	56,997.6 m²	Not stated	Ho Bee Developments Pte Ltd, parent: Ho Bee Land Limited	S$105,118,000

[ All 5 tenderers ]

As listed at the close of 25 January 1996 (hdb-list-pasir-ris-s4b-close), with the outcome the award of 29 March 1996 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Ho Bee Developments Pte Ltd, parent: Ho Bee Land Limited	S$105,118,000	Awarded
2	Dawnatron Pte Ltd	S$98,200,000	Unsuccessful
3	SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited)	S$72,328,000	Unsuccessful
4	Allgreen Properties Ltd / Hoe Seng Company Pte Ltd / Pacific Carriers Ltd	S$59,850,000	Unsuccessful
5	Hong Leong Holdings Ltd	S$44,888,000	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.

29 March 1996

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

Ho Bee Developments Pte Ltd, parent: Ho Bee Land Limited, S$105,118,000.

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

25 January 1996

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$105,118,000 from Ho Bee Developments Pte Ltd, parent: Ho Bee Land Limited.

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

24 November 1995

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: Terrace Housing
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: The Riverina[hdb-list-condo-sites-sold]
Site area: 56,997.6 sqm[hdb-list-condo-sites-sold]
Tender conditions: Development type (list code): TH
Facts as stated on: 24 November 1995