[ Land sales ]

Punggol Drive / Punggol East

Awarded

Executive Condominium housing. HDB sale site, built as RIVERPARC RESIDENCE.

[ Award ]

S$136,170,000

S$2,550.96 psm GFA (derived: the source published the price and no rate). Awarded 27 September 2010 to Qingdao Construction (Singapore) Pte Ltd, parent: Qingjian Group Co., Ltd..

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Punggol Drive / Punggol EastExecutive Condominium housing15,700 m²53,380 m²Qingdao Construction (Singapore) Pte Ltd, parent: Qingjian Group Co., Ltd.S$136,170,000(S$2,550.96, derived)
[ All 4 tenderers ]

As listed at the close of 23 September 2010 (hdb-list-punggol-e2a-close), with the outcome the award of 27 September 2010 gave each.

RankTendererTendered priceOutcome
1Qingdao Construction (Singapore) Pte Ltd, parent: Qingjian Group Co., Ltd.S$136,170,000Awarded
2Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad & SC Wong Holdings Pte LtdS$133,210,000Unsuccessful
3ChoiceHomes Investments Pte Ltd, parent: NTUC Choice Homes Co-operative Limited / CEL Development Pte Ltd, parent: Chip Eng Seng Corporation LtdS$119,880,000Unsuccessful
4Frasers Centrepoint Limited, parent: Frasers Property Limited (renamed from Frasers Centrepoint Limited)S$103,428,800Unsuccessful

Press releases, latest first

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

27 September 2010

Awarded

Punggol E2a, Punggol Drive / Punggol East: awarded to Qingdao Construction (Singapore) 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

Qingdao Construction (Singapore) Pte Ltd, parent: Qingjian Group Co., Ltd., S$136,170,000 (S$2,550.96 psm GFA, derived: the source published the price and not the rate).

Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)

23 September 2010

Tender closed

Punggol E2a, Punggol Drive / Punggol East: tender closed with 4 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.

4 bids disclosed

Highest S$136,170,000 from Qingdao Construction (Singapore) Pte Ltd, parent: Qingjian Group Co., Ltd..

Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)

5 August 2010

Launched for tender

Punggol E2a, Punggol Drive / Punggol East: 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
RiverParc Residence[hdb-list-ec-sites-sold]
Site area
15,700 sqm[hdb-list-ec-sites-sold]
Maximum GFA
53,380 sqmMinimum GFA 48,042 sqm[hdb-list-ec-sites-sold]
Tender conditions
  • Housing classification: Executive Condominium
  • Permissible gross plot ratio: 3.4
Facts as stated on
5 August 2010

Sources

  1. Agency listPublication date not recorded

    List of EC Sites

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original 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