Tampines Central 6

Awarded

Commercial. HDB sale site, built as NTUC Income Tampines Point.

[ Award ]

S$40,000,000

Awarded 30 November 1995 to NTUC Income Insurance Co-Operative Ltd, parent: Income Insurance Limited (corporatised successor).

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Tampines Central 6	Commercial	2,609 m²	Not stated	NTUC Income Insurance Co-Operative Ltd, parent: Income Insurance Limited (corporatised successor)	S$40,000,000

[ All 2 tenderers ]

As listed at the close of 28 September 1995 (hdb-list-tampines-p9-close), with the outcome the award of 30 November 1995 gave each.

Rank	Tenderer	Tendered price	Outcome
1	NTUC Income Insurance Co-Operative Ltd, parent: Income Insurance Limited (corporatised successor)	S$40,000,000	Awarded
2	Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL)	S$25,840,000	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

NTUC Income Insurance Co-Operative Ltd, parent: Income Insurance Limited (corporatised successor), S$40,000,000.

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.

2 bids disclosed

Highest S$40,000,000 from NTUC Income Insurance Co-Operative Ltd, parent: Income Insurance Limited (corporatised successor).

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: NTUC Income Tampines Point[hdb-list-commercial-sites-sold]
Site area: 2,609 sqm[hdb-list-commercial-sites-sold]
Tender conditions: Permissible gross plot ratio: 4.2
Facts as stated on: 28 July 1995