[ Land sales ]

Punggol Way / Punggol Field

Awarded

Executive Condominium housing. HDB sale site, built as TWIN WATERFALLS.

[ Award ]

S$219,468,000

S$2,907.15 psm GFA (derived: the source published the price and no rate). Awarded 8 July 2011 to FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and Keong Hong Construction Pte. Ltd., parent: Keong Hong Holdings Limited

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Punggol Way / Punggol FieldExecutive Condominium housing25,164.2 m²75,492.6 m²FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and Keong Hong Construction Pte. Ltd., parent: Keong Hong Holdings LimitedS$219,468,000(S$2,907.15, derived)
[ All 3 tenderers ]

As listed at the close of 7 July 2011 (hdb-list-punggol-e5-close), with the outcome the award of 8 July 2011 gave each.

RankTendererTendered priceOutcome
1FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and Keong Hong Construction Pte. Ltd., parent: Keong Hong Holdings LimitedS$219,468,000Awarded
2CEL Development Pte Ltd, parent: Chip Eng Seng Corporation LtdS$218,508,678Unsuccessful
3EL Development Pte LtdS$177,100,000Unsuccessful

Press releases, latest first

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

8 July 2011

Awarded

Punggol E5, Punggol Way / Punggol Field: awarded to FCL Tampines Court Pte. Ltd. & Keong Hong Construction 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

FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and Keong Hong Construction Pte. Ltd., parent: Keong Hong Holdings Limited, S$219,468,000 (S$2,907.15 psm GFA, derived: the source published the price and not the rate).

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

7 July 2011

Tender closed

Punggol E5, Punggol Way / Punggol Field: tender closed with 3 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.

3 bids disclosed

Highest S$219,468,000 from FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and Keong Hong Construction Pte. Ltd., parent: Keong Hong Holdings Limited

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

26 May 2011

Launched for tender

Punggol E5, Punggol Way / Punggol Field: 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
Twin Waterfalls[hdb-list-ec-sites-sold]
Site area
25,164.2 sqm[hdb-list-ec-sites-sold]
Maximum GFA
75,493 sqmMinimum GFA 67,943 sqm[hdb-list-ec-sites-sold]
Tender conditions
  • Housing classification: Executive Condominium
  • Permissible gross plot ratio: 3
Facts as stated on
26 May 2011

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