[ Land sales ]

Commonwealth Avenue

Awarded

Condominium or Flats. HDB sale site, built as QUEENS.

[ Award ]

S$223,000,000

Awarded 18 November 1997 to Allgreen Properties Ltd / Hoe Seng Co (Pte) Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Commonwealth AvenueCondominium or Flats21,904.5 m²Not statedAllgreen Properties Ltd / Hoe Seng Co (Pte) LtdS$223,000,000
[ All 5 tenderers ]

As listed at the close of 6 November 1997 (hdb-list-queenstown-s2-close), with the outcome the award of 18 November 1997 gave each.

RankTendererTendered priceOutcome
1Allgreen Properties Ltd / Hoe Seng Co (Pte) LtdS$223,000,000Awarded
2Erishi Holdings Private LimitedS$217,880,000Unsuccessful
3Chancery Properties Private LimitedS$200,088,000Unsuccessful
4Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited) & Lum Chang Holdings LtdS$198,060,000Unsuccessful
5DBS Realty (Private) Limited, parent: DBS Group Holdings LtdS$188,800,000Unsuccessful

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

18 November 1997

Awarded

Queenstown S2, Commonwealth Avenue: awarded to Allgreen Properties Ltd / Hoe Seng Co (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

Allgreen Properties Ltd / Hoe Seng Co (Pte) Ltd, S$223,000,000.

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

6 November 1997

Tender closed

Queenstown S2, Commonwealth Avenue: tender closed with 5 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.

5 bids disclosed

Highest S$223,000,000 from Allgreen Properties Ltd / Hoe Seng Co (Pte) Ltd.

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

19 September 1996

Launched for tender

Queenstown S2, Commonwealth Avenue: 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
Condominium or Flats
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
Queens[hdb-list-condo-sites-sold]
Site area
21,904.5 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 4
Facts as stated on
19 September 1996

Sources

  1. Agency listPublication date not recorded

    List of Residential Sites

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original 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