Chestnut Avenue
AwardedCondominium or Flats. HDB sale site, built as TREE HOUSE.
S$143,680,000
S$3,014.00 psm GFA (derived: the source published the price and no rate). Awarded 25 August 2009 to Sunny Vista Developments Pte. Ltd. And Hong Realty (Private) Limited, parent: Hong Leong Investment Holdings Pte. Ltd..
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Chestnut Avenue | Condominium or Flats | 22,700.4 m² | 47,670.84 m² | Sunny Vista Developments Pte. Ltd. And Hong Realty (Private) Limited, parent: Hong Leong Investment Holdings Pte. Ltd. | S$143,680,000(S$3,014.00, derived) |
As listed at the close of 19 August 2009 (hdb-list-bukit-panjang-s10a-close), with the outcome the award of 25 August 2009 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Sunny Vista Developments Pte. Ltd. And Hong Realty (Private) Limited, parent: Hong Leong Investment Holdings Pte. Ltd. | S$143,680,000 | Awarded |
| 2 | Far East Square Pte. Ltd., parent: Far East OrganizationThe bid table prints "129,100,000 00", a space where the decimal point belongs; read as 129100000.00. | S$129,100,000 | Unsuccessful |
| 3 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited | S$113,000,000 | Unsuccessful |
| 4 | First Changi Development Pte Ltd, parent: GuocoLand Limited | S$93,380,000 | Unsuccessful |
| 5 | Centurion Re Pte Ltd | S$91,889,000 | Unsuccessful |
| 6 | UIC Commodities Pte Ltd And Chappelis Pte Ltd, parent: Kheng Leong Company (Private) Limited | S$90,008,888 | Unsuccessful |
| 7 | Ho Bee Developments Pte Ltd, parent: Ho Bee Land Limited | S$87,819,000 | Unsuccessful |
| 8 | Teambuild Properties Pte Ltd | S$87,118,000 | Unsuccessful |
| 9 | Allgreen Properties Limited | S$86,990,000 | Unsuccessful |
| 10 | Hoi Hup Realty Pte Ltd And Sunway Developments Pte Ltd, parent: Sunway Berhad | S$86,600,000 | Unsuccessful |
| 11 | Boon Keng Development Pte Ltd | S$81,180,000 | Unsuccessful |
| 12 | JBE Development Pte Ltd | S$78,513,000 | Unsuccessful |
| 13 | Frasers Centrepoint Limited, parent: Frasers Property Limited (renamed from Frasers Centrepoint Limited) | S$77,000,000 | 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 August 2009
AwardedBukit Panjang S10a, Chestnut Avenue: awarded to Sunny Vista Developments Pte. Ltd. And Hong Realty (Private) Limited, 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
Sunny Vista Developments Pte. Ltd. And Hong Realty (Private) Limited, parent: Hong Leong Investment Holdings Pte. Ltd., S$143,680,000 (S$3,014.00 psm GFA, derived: the source published the price and not the rate).
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
19 August 2009
Tender closedBukit Panjang S10a, Chestnut Avenue: tender closed with 13 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.
13 bids disclosed
Highest S$143,680,000 from Sunny Vista Developments Pte. Ltd. And Hong Realty (Private) Limited, parent: Hong Leong Investment Holdings Pte. Ltd..
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
23 July 2009
Launched for tenderBukit Panjang S10a, Chestnut Avenue: 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
- Tree House[hdb-list-condo-sites-sold]
- Site area
- 22,700.4 sqm[hdb-list-condo-sites-sold]
- Maximum GFA
- 47,671 sqm[hdb-list-condo-sites-sold]
- Tender conditions
- Development type (list code): CO
- Permissible gross plot ratio: 2.1
- Facts as stated on
- 23 July 2009
Sources
- Agency listPublication date not recorded
List of Residential Sites
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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