Tampines Central 6

Awarded

Commercial. HDB sale site, built as Abacus Plaza.

[ Award ]

S$51,800,000

Awarded 30 November 1995 to Shenton Holdings Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Tampines Central 6	Commercial	2,613.8 m²	Not stated	Shenton Holdings Pte Ltd	S$51,800,000

[ All 5 tenderers ]

As listed at the close of 28 September 1995 (hdb-list-tampines-p10-close), with the outcome the award of 30 November 1995 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Shenton Holdings Pte Ltd	S$51,800,000	Awarded
2	NTUC Income Insurance Co-Operative Ltd, parent: Income Insurance Limited (corporatised successor)	S$46,000,000	Unsuccessful
3	Keppel Bank of Singapore Ltd, parent: Oversea-Chinese Banking Corporation Limited (through Keppel TatLee Bank merger/acquisition)	S$38,900,000	Unsuccessful
4	Chng Gim Huat	S$30,128,000	Unsuccessful
5	Oversea-Chinese Banking Corporation Ltd	S$28,488,000	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

Awarded

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

Awarded to

Shenton Holdings Pte Ltd, S$51,800,000.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

28 September 1995

Tender closed

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

5 bids disclosed

Highest S$51,800,000 from Shenton Holdings Pte Ltd.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

28 July 1995

Launched for tender

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

Selling authority: HDB
Allowable development: Commercial
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-commercial-sites-sold]
Project: Abacus Plaza[hdb-list-commercial-sites-sold]
Site area: 2,613.8 sqm[hdb-list-commercial-sites-sold]
Tender conditions: Permissible gross plot ratio: 4.2
Facts as stated on: 28 July 1995