Upper Serangoon Road

Awarded

Design, Build and Sell Scheme public housing. HDB sale site, built as Parkland Residences.

[ Award ]

S$155,228,998

S$2,217.56 psm GFA (derived: the source published the price and no rate). Awarded 2 December 2010 to Kwan Hwee Investment Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Upper Serangoon Road	Design, Build and Sell Scheme public housing	20,000 m²	70,000 m²	Kwan Hwee Investment Pte Ltd	S$155,228,998(S$2,217.56, derived)

[ All 2 tenderers ]

As listed at the close of 30 November 2010 (hdb-list-hougang-ph2-close), with the outcome the award of 2 December 2010 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Kwan Hwee Investment Pte Ltd	S$155,228,998	Awarded
2	Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited	S$113,300,000	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.

2 December 2010

Awarded

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

Kwan Hwee Investment Pte Ltd, S$155,228,998 (S$2,217.56 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)

30 November 2010

Tender closed

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.

2 bids disclosed

Highest S$155,228,998 from Kwan Hwee Investment Pte Ltd.

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

12 October 2010

Launched for tender

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)

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 Dec 2014, as the list states it at the time of listing.[hdb-list-dbss-sites-awarded]
Project: Parkland Residences[hdb-list-dbss-sites-awarded]
Site area: 20,000 sqm[hdb-list-dbss-sites-awarded]
Maximum GFA: 70,000 sqm[hdb-list-dbss-sites-awarded]
Tender conditions: Housing classification: Design, Build and Sell Scheme (DBSS)
Permissible gross plot ratio: 3.5
Facts as stated on: 12 October 2010