[ Land sales ]

Hougang Avenue 7

Awarded

Condominium or Flats. HDB sale site, built as PARC VERA.

[ Award ]

S$160,000,000

S$3,655.88 psm GFA (derived: the source published the price and no rate). Awarded 21 September 2010 to Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Hougang Avenue 7Condominium or Flats15,630.4 m²43,765.12 m²Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedS$160,000,000(S$3,655.88, derived)
[ All 6 tenderers ]

As listed at the close of 17 September 2010 (hdb-list-hougang-s18-close), with the outcome the award of 21 September 2010 gave each.

RankTendererTendered priceOutcome
1Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedS$160,000,000Awarded
2Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad and SC Wong Holdings Pte LtdS$156,080,000Unsuccessful
3F.E. Lakeside Pte. Ltd., parent: Far East Organization And FCL Topaz Pte. Ltd., parent: Frasers Property LimitedS$146,800,000Unsuccessful
4First Changi Development Pte Ltd, parent: GuocoLand LimitedS$145,800,000Unsuccessful
5Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings LimitedS$132,106,106Unsuccessful
6Meadows Investment Pte LtdS$106,000,000Unsuccessful

Press releases, latest first

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

21 September 2010

Awarded

Hougang S18, Hougang Avenue 7: awarded to Sim Lian Land 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

Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited, S$160,000,000 (S$3,655.88 psm GFA, derived: the source published the price and not the rate).

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

17 September 2010

Tender closed

Hougang S18, Hougang Avenue 7: tender closed with 6 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.

6 bids disclosed

Highest S$160,000,000 from Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited.

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

5 August 2010

Launched for tender

Hougang S18, Hougang Avenue 7: 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
Parc Vera[hdb-list-condo-sites-sold]
Site area
15,630.4 sqm[hdb-list-condo-sites-sold]
Maximum GFA
43,765 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 2.8
Facts as stated on
5 August 2010

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