[ Land sales ]

Yishun Avenue 2

Awarded

Condominium or Flats. HDB sale site, built as YISHUN SAPPHIRE.

[ Award ]

S$78,423,000

Awarded 18 November 1997 to Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Yishun Avenue 2Condominium or Flats22,383 m²Not statedCentrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited)S$78,423,000
[ All 4 tenderers ]

As listed at the close of 6 November 1997 (hdb-list-yishun-s4a-close), with the outcome the award of 18 November 1997 gave each.

RankTendererTendered priceOutcome
1Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited)S$78,423,000Awarded
2Allgreen Properties Ltd / Hoe Seng Co (Pte) LtdS$73,000,000Unsuccessful
3Erishi Holdings Private LimitedS$61,228,000Unsuccessful
4DBS Realty (Private) Limited, parent: DBS Group Holdings LtdS$41,880,000Unsuccessful

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

Yishun S4a, Yishun Avenue 2: awarded to Centrepoint Properties 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

Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited), S$78,423,000.

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

6 November 1997

Tender closed

Yishun S4a, Yishun Avenue 2: 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$78,423,000 from Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited).

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

19 September 1996

Launched for tender

Yishun S4a, Yishun Avenue 2: 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
Yishun Sapphire[hdb-list-condo-sites-sold]
Site area
22,383 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 2.1
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