Choa Chu Kang Way
AwardedApartment. HDB sale site, built as PALM GARDENS.
S$211,694,002.80
Awarded 13 May 1996 to SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Choa Chu Kang Way | Apartment | 30,671.4 m² | Not stated | SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited) | S$211,694,002.80 |
As listed at the close of 28 March 1996 (hdb-list-choa-chu-kang-s2-close), with the outcome the award of 13 May 1996 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited) | S$211,694,002.80 | Awarded |
| 2 | City Developments Limited | S$208,000,000 | Unsuccessful |
| 3 | Success Development Pte Ltd / Vasilon Pte Ltd, parent: Sino Land Company Limited (Sino Group) | S$203,701,000 | Unsuccessful |
| 4 | Richdeal Investment Pte Ltd | S$173,081,000 | Unsuccessful |
| 5 | Allgreen Properties Ltd / Hoe Seng Company Pte Ltd | S$168,898,000 | Unsuccessful |
| 6 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) / Guobena Sdn Bhd | S$138,670,000 | 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.
13 May 1996
AwardedChoa Chu Kang S2, Choa Chu Kang Way: awarded to SSL Properties 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
SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited), S$211,694,002.80.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
28 March 1996
Tender closedChoa Chu Kang S2, Choa Chu Kang Way: tender closed with 6 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.
6 bids disclosed
Highest S$211,694,002.80 from SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited).
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
26 January 1996
Launched for tenderChoa Chu Kang S2, Choa Chu Kang Way: 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
- Apartment
- 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
- Palm Gardens[hdb-list-condo-sites-sold]
- Site area
- 30,671.4 sqm[hdb-list-condo-sites-sold]
- Tender conditions
- Development type (list code): AP
- Permissible gross plot ratio: 2.8
- Facts as stated on
- 26 January 1996
Sources
- Agency listPublication date not recorded
List of Residential Sites
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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