Choa Chu Kang North 5
AwardedLanded. HDB sale site, built as Villa Verde.
S$140,154,000
Awarded 23 December 1996 to SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Choa Chu Kang North 5 | Landed | 125,913.4 m² | Not stated | SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited) | S$140,154,000 |
As listed at the close of 21 November 1996 (hdb-list-choa-chu-kang-s5-close), with the outcome the award of 23 December 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$140,154,000 | Awarded |
| 2 | Kansas Holdings Ltd / Keck Seng (S) Pte Ltd | S$92,000,000 | Unsuccessful |
| 3 | Hong Leong Holdings Ltd | S$88,988,000 | Unsuccessful |
| 4 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) / Malayan Credit Ltd, parent: MCL Land Limited (later operated as Sunway MCL) | S$82,675,000 | 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.
23 December 1996
AwardedChoa Chu Kang S5, Choa Chu Kang North 5: 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$140,154,000.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
21 November 1996
Tender closedChoa Chu Kang S5, Choa Chu Kang North 5: tender closed with 4 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.
4 bids disclosed
Highest S$140,154,000 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)
27 September 1996
Launched for tenderChoa Chu Kang S5, Choa Chu Kang North 5: 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
- Landed
- 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.The list prints the site area as "125,913. 4".[hdb-list-condo-sites-sold]
- Project
- Villa Verde[hdb-list-condo-sites-sold]
- Site area
- 125,913.4 sqm[hdb-list-condo-sites-sold]
- Tender conditions
- Development type (list code): LP
- Facts as stated on
- 27 September 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