Hougang Avenue 2

Awarded

Landed. HDB sale site, built as Henley Gardens.

[ Award ]

S$18,889,000

Awarded 6 September 1996 to Yeo Hiap Seng Ltd, parent: Far East Organization (controlling shareholder group).

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Hougang Avenue 2	Landed	11,567.8 m²	Not stated	Yeo Hiap Seng Ltd, parent: Far East Organization (controlling shareholder group)	S$18,889,000

[ All 2 tenderers ]

As listed at the close of 25 July 1996 (hdb-list-hougang-s5a-close), with the outcome the award of 6 September 1996 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Yeo Hiap Seng Ltd, parent: Far East Organization (controlling shareholder group)	S$18,889,000	Awarded
2	SSL Properties Pte Ltd, parent: Straits Steamship Land (Keppel Group property arm; later Keppel Land Limited)	S$12,408,960	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.

6 September 1996

Awarded

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

Yeo Hiap Seng Ltd, parent: Far East Organization (controlling shareholder group), S$18,889,000.

Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)

25 July 1996

Tender closed

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.

2 bids disclosed

Highest S$18,889,000 from Yeo Hiap Seng Ltd, parent: Far East Organization (controlling shareholder group).

Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)

31 May 1996

Launched for tender

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)

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.[hdb-list-condo-sites-sold]
Project: Henley Gardens[hdb-list-condo-sites-sold]
Site area: 11,567.8 sqm[hdb-list-condo-sites-sold]
Tender conditions: Development type (list code): LP
Facts as stated on: 31 May 1996