Compassvale Bow
AwardedExecutive Condominium housing. HDB sale site, built as ESPARINA RESIDENCES.
S$193,280,000
S$3,390.88 psm GFA (derived: the source published the price and no rate). Awarded 5 March 2010 to Opal Star Pte Ltd, parent: City Developments Limited & Lum Chang Building Contractors Pte Ltd, parent: Lum Chang Holdings Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Compassvale Bow | Executive Condominium housing | 19,000 m² | 57,000 m² | Opal Star Pte Ltd, parent: City Developments Limited & Lum Chang Building Contractors Pte Ltd, parent: Lum Chang Holdings Limited | S$193,280,000(S$3,390.88, derived) |
As listed at the close of 4 March 2010 (hdb-list-sengkang-e6-close), with the outcome the award of 5 March 2010 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Opal Star Pte Ltd, parent: City Developments Limited & Lum Chang Building Contractors Pte Ltd, parent: Lum Chang Holdings Limited | S$193,280,000 | Awarded |
| 2 | MCC Land (Singapore) Pte. Ltd., parent: MCC Land (Singapore) Pte. Ltd. / China Metallurgical Group Corporation | S$190,700,000 | Unsuccessful |
| 3 | Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad & Hoi Hup J.V. Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd. | S$181,190,000 | Unsuccessful |
| 4 | Maxdin Pte Ltd, parent: Greatearth Holding Pte. Ltd. / Greatearth Pte. Ltd. | S$166,000,000 | Unsuccessful |
| 5 | ChoiceHomes Investments Pte Ltd, parent: NTUC Choice Homes Co-operative Limited / CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd | S$165,388,889 | Unsuccessful |
| 6 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited | S$163,900,000 | Unsuccessful |
| 7 | FCC Net Pte Ltd | S$156,000,000 | Unsuccessful |
| 8 | Qingjian Realty Pte Ltd | S$153,888,777 | Unsuccessful |
| 9 | Tuas Hi-Tech Park Pte Ltd | S$143,333,333 | Unsuccessful |
| 10 | Sunmaster Holdings Pte. Ltd. | S$140,380,000 | Unsuccessful |
| 11 | Boon Keng Development Pte Ltd | S$121,800,000 | 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.
5 March 2010
AwardedSengkang E6, Compassvale Bow: awarded to Opal Star Pte Ltd & Lum Chang Building Contractors 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
Opal Star Pte Ltd, parent: City Developments Limited & Lum Chang Building Contractors Pte Ltd, parent: Lum Chang Holdings Limited, S$193,280,000 (S$3,390.88 psm GFA, derived: the source published the price and not the rate).
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
4 March 2010
Tender closedSengkang E6, Compassvale Bow: tender closed with 11 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.
11 bids disclosed
Highest S$193,280,000 from Opal Star Pte Ltd, parent: City Developments Limited & Lum Chang Building Contractors Pte Ltd, parent: Lum Chang Holdings Limited.
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
15 January 2010
Launched for tenderSengkang E6, Compassvale Bow: 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
- Esparina Residences[hdb-list-ec-sites-sold]
- Site area
- 19,000 sqm[hdb-list-ec-sites-sold]
- Maximum GFA
- 57,000 sqmMinimum GFA 51,300 sqm[hdb-list-ec-sites-sold]
- Tender conditions
- Housing classification: Executive Condominium
- Permissible gross plot ratio: 3
- Facts as stated on
- 15 January 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