Pasir Ris Drive 3 / Pasir Ris Link
AwardedExecutive Condominium housing. HDB sale site, built as WATERCOLOURS.
S$122,200,000
S$3,132.55 psm GFA (derived: the source published the price and no rate). Awarded 12 October 2011 to Ho Lee Group Pte Ltd & Maxdin Pte Ltd, parent: Greatearth Holding Pte. Ltd. / Greatearth Pte. Ltd..
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Pasir Ris Drive 3 / Pasir Ris Link | Executive Condominium housing | 18,576.1 m² | 39,009.81 m² | Ho Lee Group Pte Ltd & Maxdin Pte Ltd, parent: Greatearth Holding Pte. Ltd. / Greatearth Pte. Ltd. | S$122,200,000(S$3,132.55, derived) |
As listed at the close of 11 October 2011 (hdb-list-pasir-ris-e9-close), with the outcome the award of 12 October 2011 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Ho Lee Group Pte Ltd & Maxdin Pte Ltd, parent: Greatearth Holding Pte. Ltd. / Greatearth Pte. Ltd. | S$122,200,000 | Awarded |
| 2 | CEL Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd | S$118,838,828 | Unsuccessful |
| 3 | Peak Shines Pte. Ltd. | S$113,900,000 | Unsuccessful |
| 4 | Hangzhou Headway Real Estate Co., Ltd & L Gold Pte Ltd | S$113,860,066 | Unsuccessful |
| 5 | Sunmaster Holdings Pte. Ltd. | S$113,380,000 | Unsuccessful |
| 6 | Qingjian Realty (South Pacific) Group Pte Ltd, parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd. | S$112,370,000 | Unsuccessful |
| 7 | Realty Consortium Pte. Ltd. | S$111,900,000 | Unsuccessful |
| 8 | Frasers Centrepoint Limited, parent: Frasers Property Limited (renamed from Frasers Centrepoint Limited) | S$100,980,000 | Unsuccessful |
| 9 | EL Development Pte Ltd | S$100,889,000 | Unsuccessful |
| 10 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd, parent: Sunway Berhad | S$98,760,000 | Unsuccessful |
| 11 | Wee Hur Development Pte Ltd, parent: Wee Hur Holdings Ltd | S$90,000,000 | 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.
12 October 2011
AwardedPasir Ris E9, Pasir Ris Drive 3 / Pasir Ris Link: awarded to Ho Lee Group Pte Ltd & Maxdin 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
Ho Lee Group Pte Ltd & Maxdin Pte Ltd, parent: Greatearth Holding Pte. Ltd. / Greatearth Pte. Ltd., S$122,200,000 (S$3,132.55 psm GFA, derived: the source published the price and not the rate).
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
11 October 2011
Tender closedPasir Ris E9, Pasir Ris Drive 3 / Pasir Ris Link: 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$122,200,000 from Ho Lee Group Pte Ltd & Maxdin Pte Ltd, parent: Greatearth Holding Pte. Ltd. / Greatearth Pte. Ltd..
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
25 August 2011
Launched for tenderPasir Ris E9, Pasir Ris Drive 3 / Pasir Ris Link: 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
- Watercolours[hdb-list-ec-sites-sold]
- Site area
- 18,576.1 sqm[hdb-list-ec-sites-sold]
- Maximum GFA
- 39,010 sqmMinimum GFA 35,109 sqm[hdb-list-ec-sites-sold]
- Tender conditions
- Housing classification: Executive Condominium
- Permissible gross plot ratio: 2.1
- Facts as stated on
- 25 August 2011
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