Choa Chu Kang Street 64

Awarded

Executive Condominium housing. HDB sale site, built as THE QUINTET.

[ Award ]

S$108,300,000

Awarded 25 October 2002 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)
Choa Chu Kang Street 64	Executive Condominium housing	20,954.6 m²	Not stated	Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited)	S$108,300,000

[ All 8 tenderers ]

As listed at the close of 22 October 2002 (hdb-list-choa-chu-kang-e3-close), with the outcome the award of 25 October 2002 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited)	S$108,300,000	Awarded
2	Allgreen Properties Ltd	S$90,558,000	Unsuccessful
3	MCL Land Ltd, parent: Hongkong Land Holdings LimitedThe list prints S/N 3A, tied with 3B at the same price; the rank is its position.	S$88,000,000	Unsuccessful
4	Success Development Pte LtdThe list prints S/N 3B, tied with 3A at the same price; the rank is its position.	S$88,000,000	Unsuccessful
5	Russville Pte Ltd, Kwan Hwee Investment Pte Ltd & United Overseas Land Ltd, parent: UOL Group Limited (formerly United Overseas Land Limited)	S$85,298,000	Unsuccessful
6	Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited	S$81,380,000	Unsuccessful
7	NTUC Choice Homes Co-operative Ltd, parent: NTUC Enterprise Co-operative Limited	S$76,489,000	Unsuccessful
8	City Developments Ltd	S$76,200,000	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.

25 October 2002

Awarded

Dated as the agency’s list of sites sold prints it (List of EC 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$108,300,000.

Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)

22 October 2002

Tender closed

Dated as the agency’s list of sites sold prints it (List of EC Sites). The list is the source; no release of this date is on record.

8 bids disclosed

Highest S$108,300,000 from Centrepoint Properties Ltd, parent: Frasers Property Limited (formerly Centrepoint Properties Limited).

Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)

25 September 2002

Launched for tender

Dated as the agency’s list of sites sold prints it (List of EC Sites). The list is the source; no release of this date is on record.

Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)

Selling authority: HDB
Allowable development: Executive Condominium housing
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-ec-sites-sold]
Project: The Quintet[hdb-list-ec-sites-sold]
Site area: 20,954.6 sqm[hdb-list-ec-sites-sold]
Tender conditions: Housing classification: Executive Condominium
Permissible gross plot ratio: 3
Facts as stated on: 25 September 2002