[ Land sales ]

Hougang Avenue 7

Awarded

Condominium or Flats. HDB sale site, built as Rio Vista.

[ Award ]

S$121,380,000

Awarded 5 October 2000 to MCL Land Ltd, parent: Hongkong Land Holdings Limited & Ho Bee Developments Pte Ltd, parent: Ho Bee Land Limited.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Hougang Avenue 7Condominium or Flats16,816 m²Not statedMCL Land Ltd, parent: Hongkong Land Holdings Limited & Ho Bee Developments Pte Ltd, parent: Ho Bee Land LimitedS$121,380,000
[ All 4 tenderers ]

As listed at the close of 14 September 2000 (hdb-list-hougang-s3b-close), with the outcome the award of 5 October 2000 gave each.

RankTendererTendered priceOutcome
1MCL Land Ltd, parent: Hongkong Land Holdings Limited & Ho Bee Developments Pte Ltd, parent: Ho Bee Land LimitedS$121,380,000Awarded
2Bishan Properties Pte Ltd, parent: Far East OrganizationS$110,800,000Unsuccessful
3Allgreen Properties Ltd / Hoe Seng Co (Pte) Ltd / Astipal Pte LtdS$105,080,000Unsuccessful
4Rivaldo Investments Pte LtdS$91,770,000Unsuccessful

Press releases, latest first

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

5 October 2000

Awarded

Hougang S3b, Hougang Avenue 7: awarded to MCL Land Ltd & Ho Bee Developments 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

MCL Land Ltd, parent: Hongkong Land Holdings Limited & Ho Bee Developments Pte Ltd, parent: Ho Bee Land Limited, S$121,380,000.

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

14 September 2000

Tender closed

Hougang S3b, Hougang Avenue 7: 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$121,380,000 from MCL Land Ltd, parent: Hongkong Land Holdings Limited & Ho Bee Developments Pte Ltd, parent: Ho Bee Land Limited.

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

19 July 2000

Launched for tender

Hougang S3b, Hougang Avenue 7: 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
Rio Vista[hdb-list-condo-sites-sold]
Site area
16,816 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 3
Facts as stated on
19 July 2000

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