Woodlands Avenue 1
AwardedMixed commercial and residential. HDB sale site, built as THE WOODGROVE.
S$28,300,000
S$2,358.33 psm GFA (derived: the source published the price and no rate). Awarded 29 March 1996 to Heeton Development Pte Ltd, parent: Heeton Holdings Limited & King Wan Construction Pte Ltd, parent: King Wan Corporation Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Woodlands Avenue 1 | Mixed commercial and residential | 10,000 m² | 12,000 m² | Heeton Development Pte Ltd, parent: Heeton Holdings Limited & King Wan Construction Pte Ltd, parent: King Wan Corporation Limited | S$28,300,000(S$2,358.33, derived) |
As listed at the close of 25 January 1996 (hdb-list-woodlands-n4nc-close), with the outcome the award of 29 March 1996 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Heeton Development Pte Ltd, parent: Heeton Holdings Limited & King Wan Construction Pte Ltd, parent: King Wan Corporation Limited | S$28,300,000 | Awarded |
| 2 | Hiap Hoe Holdings Pte Ltd | S$22,656,000 | Unsuccessful |
| 3 | Peak Properties 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.
29 March 1996
AwardedWoodlands N4NC, Woodlands Avenue 1: awarded to Heeton Development Pte Ltd / King Wan Construction 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
Heeton Development Pte Ltd, parent: Heeton Holdings Limited & King Wan Construction Pte Ltd, parent: King Wan Corporation Limited, S$28,300,000 (S$2,358.33 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)
25 January 1996
Tender closedWoodlands N4NC, Woodlands Avenue 1: tender closed with 3 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.
3 bids disclosed
Highest S$28,300,000 from Heeton Development Pte Ltd, parent: Heeton Holdings Limited & King Wan Construction Pte Ltd, parent: King Wan Corporation Limited.
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
24 November 1995
Launched for tenderWoodlands N4NC, Woodlands Avenue 1: 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
- The Woodgrove[hdb-list-mixed-sites-sold]
- Site area
- 10,000 sqm[hdb-list-mixed-sites-sold]
- Maximum GFA
- 12,000 sqm[hdb-list-mixed-sites-sold]
- Tender conditions
- Permissible gross plot ratio: 1.2
- Facts as stated on
- 24 November 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