Sengkang East Way
AwardedMixed commercial and residential. HDB sale site, built as Compass Point & Compass Height.
S$172,300,000
S$1,515.62 psm GFA (derived: the source published the price and no rate). Awarded 30 March 1999 to Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited).
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Sengkang East Way | Mixed commercial and residential | 27,067.3 m² | 113,682.66 m² | Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited) | S$172,300,000(S$1,515.62, derived) |
As listed at the close of 4 March 1999 (hdb-list-sengkang-p1-close), with the outcome the award of 30 March 1999 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited) | S$172,300,000 | Awarded |
| 2 | Pidemco Realty Pte Ltd / Germiston Pte Ltd / Bryon Pte Ltd / I. P. Property Fund Asia (Sengkang) Ltd | S$149,999,990 | Unsuccessful |
| 3 | Straits Construction Co Pte Ltd, parent: Straits Construction Group Pte. Ltd. / Jian Yu Development Pte Ltd & Others | S$106,300,000 | Unsuccessful |
| 4 | First Capital Corporation Ltd, parent: GuocoLand Limited (formerly First Capital Corporation Limited) | S$102,880,000 | Unsuccessful |
| 5 | City Developments Ltd | S$100,000,000 | Unsuccessful |
| 6 | MCL Land Ltd, parent: Hongkong Land Holdings Limited / DBS Realty Pte Ltd, parent: DBS Group Holdings Ltd | S$88,128,889 | Unsuccessful |
| 7 | Mansfield Realty Pte Ltd / TLB Land Ltd | S$70,800,000 | 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.
30 March 1999
AwardedSengkang P1, Sengkang East Way: awarded to Centrepoint Properties Ltd, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). 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$172,300,000 (S$1,515.62 psm GFA, derived: the source published the price and not the rate).
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
4 March 1999
Tender closedSengkang P1, Sengkang East Way: tender closed with 7 priced bids, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
7 bids disclosed
Highest S$172,300,000 from Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited).
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
27 November 1998
Launched for tenderSengkang P1, Sengkang East Way: launched for tender, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
Site facts
- Selling authority
- HDB
- Allowable development
- Mixed commercial and residential
- 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-mixed-sites-sold]
- Project
- Compass Point & Compass Height[hdb-list-mixed-sites-sold]
- Site area
- 27,067.3 sqm[hdb-list-mixed-sites-sold]
- Maximum GFA
- 113,683 sqm[hdb-list-mixed-sites-sold]
- Tender conditions
- Permissible gross plot ratio: 4.2
- Facts as stated on
- 27 November 1998
Sources
- Agency listPublication date not recorded
List of mixed residential and commercial sites sold
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal source link unavailable
Technical details
- SHA-256
- 417df251cb8624ba806df3a6cb6e628e19acead2b258f3f5cd6df6c021fc4d83
- Size
- 261,098 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 11:00:31 UTC
- Prevo reference
- hdb-list-mixed-sites-sold