Upper Serangoon Crescent / Upper Serangoon Road
AwardedCondominium or Flats. HDB sale site, built as RIVERSAILS.
S$270,280,000
S$3,136.53 psm GFA (derived: the source published the price and no rate). Awarded 9 September 2011 to Allgreen Properties Limited.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Upper Serangoon Crescent / Upper Serangoon Road | Condominium or Flats | 24,620.5 m² | 86,171.75 m² | Allgreen Properties Limited | S$270,280,000(S$3,136.53, derived) |
As listed at the close of 7 September 2011 (hdb-list-hougang-s20-close), with the outcome the award of 9 September 2011 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Allgreen Properties Limited | S$270,280,000 | Awarded |
| 2 | FCL Topaz Pte. Ltd., parent: Frasers Property Limited, Far East Civil Engineering (Pte.) Limited, parent: Far East Organization & Sekisui House, Ltd. | S$252,800,000 | Unsuccessful |
| 3 | CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd | S$242,000,000 | 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.
9 September 2011
AwardedHougang S20, Upper Serangoon Crescent / Upper Serangoon Road: awarded to Allgreen Properties Limited, 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
Allgreen Properties Limited, S$270,280,000 (S$3,136.53 psm GFA, derived: the source published the price and not the rate).
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
7 September 2011
Tender closedHougang S20, Upper Serangoon Crescent / Upper Serangoon Road: tender closed with 3 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.
3 bids disclosed
Highest S$270,280,000 from Allgreen Properties Limited.
Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)
28 July 2011
Launched for tenderHougang S20, Upper Serangoon Crescent / Upper Serangoon Road: 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
- Riversails[hdb-list-condo-sites-sold]
- Site area
- 24,620.5 sqm[hdb-list-condo-sites-sold]
- Maximum GFA
- 86,172 sqm[hdb-list-condo-sites-sold]
- Tender conditions
- Development type (list code): CO
- Permissible gross plot ratio: 3.5
- Facts as stated on
- 28 July 2011
Sources
- Agency listPublication date not recorded
List of Residential Sites
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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