[ Land sales ]

Yishun Avenue 1 / Yishun Avenue 2

Awarded

Condominium or Flats. HDB sale site, built as THE ESTUARY.

[ Award ]

S$213,500,000

S$3,772.54 psm GFA (derived: the source published the price and no rate). Awarded 28 March 2008 to MCL Land (Warren) Pte Ltd, parent: MCL Land Limited.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Yishun Avenue 1 / Yishun Avenue 2Condominium or Flats26,949.1 m²56,593.11 m²MCL Land (Warren) Pte Ltd, parent: MCL Land LimitedS$213,500,000(S$3,772.54, derived)
[ All 5 tenderers ]

As listed at the close of 25 March 2008 (hdb-list-yishun-s2-close), with the outcome the award of 28 March 2008 gave each.

RankTendererTendered priceOutcome
1MCL Land (Warren) Pte Ltd, parent: MCL Land LimitedS$213,500,000Awarded
2Peak Green Pte. Ltd.S$127,000,000Unsuccessful
3Frasers Centrepoint LimitS$109,660,000Unsuccessful
4Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedS$92,595,000Unsuccessful
5Billion Rise Limited, parent: CK Asset Holdings Limited (formerly Cheung Kong Property Holdings)S$57,740,000Unsuccessful

Press releases, latest first

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

28 March 2008

Awarded

Yishun S2, Yishun Avenue 1 / Yishun Avenue 2: awarded to MCL Land (Warren) 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 (Warren) Pte Ltd, parent: MCL Land Limited, S$213,500,000 (S$3,772.54 psm GFA, derived: the source published the price and not the rate).

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

25 March 2008

Tender closed

Yishun S2, Yishun Avenue 1 / Yishun Avenue 2: tender closed with 5 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.

5 bids disclosed

Highest S$213,500,000 from MCL Land (Warren) Pte Ltd, parent: MCL Land Limited.

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

30 January 2008

Launched for tender

Yishun S2, Yishun Avenue 1 / 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
The Estuary[hdb-list-condo-sites-sold]
Site area
26,949.1 sqm[hdb-list-condo-sites-sold]
Maximum GFA
56,593 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 2.1
Facts as stated on
30 January 2008

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