Pasir Ris Drive 1 / Elias Road
AwardedExecutive Condominium housing. HDB sale site, built as BELYSA.
S$89,888,000
S$2,826.79 psm GFA (derived: the source published the price and no rate). Awarded 25 October 2010 to ChoiceHomes Investments Pte Ltd, parent: NTUC Choice Homes Co-operative Limited / CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Pasir Ris Drive 1 / Elias Road | Executive Condominium housing | 15,142.2 m² | 31,798.62 m² | ChoiceHomes Investments Pte Ltd, parent: NTUC Choice Homes Co-operative Limited / CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd | S$89,888,000(S$2,826.79, derived) |
As listed at the close of 21 October 2010 (hdb-list-pasir-ris-e3-close), with the outcome the award of 25 October 2010 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | ChoiceHomes Investments Pte Ltd, parent: NTUC Choice Homes Co-operative Limited / CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd | S$89,888,000 | Awarded |
| 2 | EL Development Pte Ltd | S$89,330,000 | Unsuccessful |
| 3 | Opal Star Pte Ltd, parent: City Developments Limited & Lum Chang Building Contractors Pte Ltd, parent: Lum Chang Holdings Limited | S$86,080,000 | Unsuccessful |
| 4 | Sunmaster Holdings Pte. Ltd. | S$82,390,000 | Unsuccessful |
| 5 | Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad & SC Wong Holdings Pte Ltd | S$78,870,000 | Unsuccessful |
| 6 | Ecco Development Pte Ltd | S$61,000,000 | 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 October 2010
AwardedPasir Ris E3, Pasir Ris Drive 1 / Elias Road: awarded to ChoiceHomes Investments Pte Ltd / CEL Development Pte Ltd, as HDB's list of EC sites sold dates it
Dated as the agency’s list of sites sold prints it (List of EC Sites). The list is the source; no release of this date is on record.
Awarded to
ChoiceHomes Investments Pte Ltd, parent: NTUC Choice Homes Co-operative Limited / CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd, S$89,888,000 (S$2,826.79 psm GFA, derived: the source published the price and not the rate).
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
21 October 2010
Tender closedPasir Ris E3, Pasir Ris Drive 1 / Elias Road: tender closed with 6 bids, as HDB's list of EC sites sold dates it
Dated as the agency’s list of sites sold prints it (List of EC Sites). The list is the source; no release of this date is on record.
6 bids disclosed
Highest S$89,888,000 from ChoiceHomes Investments Pte Ltd, parent: NTUC Choice Homes Co-operative Limited / CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd.
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
8 September 2010
Launched for tenderPasir Ris E3, Pasir Ris Drive 1 / Elias Road: launched for tender, as HDB's list of EC sites sold dates it
Dated as the agency’s list of sites sold prints it (List of EC Sites). The list is the source; no release of this date is on record.
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
Site facts
- Selling authority
- HDB
- Allowable development
- Executive Condominium housing
- 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-ec-sites-sold]
- Project
- Belysa[hdb-list-ec-sites-sold]
- Site area
- 15,142.2 sqm[hdb-list-ec-sites-sold]
- Maximum GFA
- 31,799 sqmMinimum GFA 28,619 sqm[hdb-list-ec-sites-sold]
- Tender conditions
- Housing classification: Executive Condominium
- Permissible gross plot ratio: 2.1
- Facts as stated on
- 8 September 2010
Sources
- Agency listPublication date not recorded
List of EC Sites
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal source link unavailable
Technical details
- SHA-256
- af32fa522c4cd88e40ba9ecb0004d43ba1bdf020add1229ad96b1ea577a74869
- Size
- 976,582 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 09:57:46 UTC
- Prevo reference
- hdb-list-ec-sites-sold