[ Land sales ]

Lorong 1A Toa Payoh

Awarded

Design, Build and Sell Scheme public housing. HDB sale site, built as The Peak @ Toa Payoh.

[ Award ]

S$198,822,000

S$1,722.66 psm GFA (derived: the source published the price and no rate). Awarded 22 August 2008 to Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad and Hoi Hup JV Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd..

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Lorong 1A Toa PayohDesign, Build and Sell Scheme public housing27,479.9 m²115,415.58 m²Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad and Hoi Hup JV Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd.S$198,822,000(S$1,722.66, derived)
[ All 3 tenderers ]

As listed at the close of 19 August 2008 (hdb-list-toa-payoh-ph1-close), with the outcome the award of 22 August 2008 gave each.

RankTendererTendered priceOutcome
1Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad and Hoi Hup JV Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd.S$198,822,000Awarded
2TP Development Pte LtdS$160,260,957Unsuccessful
3Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedS$130,000,000Unsuccessful

Press releases, latest first

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

22 August 2008

Awarded

Toa Payoh PH1, Lorong 1A Toa Payoh: awarded to Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Hoi Hup JV Development Pte Ltd, as HDB's list of DBSS sites awarded dates it

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

Awarded to

Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad and Hoi Hup JV Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd., S$198,822,000 (S$1,722.66 psm GFA, derived: the source published the price and not the rate).

Source: List of DBSS Sites Awarded (Prevo reference hdb-list-dbss-sites-awarded)

19 August 2008

Tender closed

Toa Payoh PH1, Lorong 1A Toa Payoh: tender closed with 3 bids, as HDB's list of DBSS sites awarded dates it

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

3 bids disclosed

Highest S$198,822,000 from Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad and Hoi Hup JV Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd..

Source: List of DBSS Sites Awarded (Prevo reference hdb-list-dbss-sites-awarded)

27 June 2008

Launched for tender

Toa Payoh PH1, Lorong 1A Toa Payoh: launched for tender, as HDB's list of DBSS sites awarded dates it

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

Source: List of DBSS Sites Awarded (Prevo reference hdb-list-dbss-sites-awarded)

Site facts

Selling authority
HDB
Allowable development
Design, Build and Sell Scheme public housing
Tenure
103 yearsNot the 99-year term of an ordinary residential GLS parcel.
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.Estimated TOP Aug 2012, as the list states it at the time of listing.[hdb-list-dbss-sites-awarded]
Project
The Peak @ Toa Payoh[hdb-list-dbss-sites-awarded]
Site area
27,479.9 sqm[hdb-list-dbss-sites-awarded]
Maximum GFA
115,416 sqm[hdb-list-dbss-sites-awarded]
Tender conditions
  • Housing classification: Design, Build and Sell Scheme (DBSS)
  • Permissible gross plot ratio: 4.2
Facts as stated on
27 June 2008

Sources

  1. Agency listPublication date not recorded

    List of DBSS Sites Awarded

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    1b71e22bd449018171bd80882624f4e7e0868f15900351a43bd9cee673dcb66e
    Size
    136,187 bytes
    Format
    application/pdf
    Retrieved at
    2026-09-19 09:59:58 UTC
    Prevo reference
    hdb-list-dbss-sites-awarded