[ Land sales ]

Punggol Field Walk

Awarded

Condominium or Flats. HDB sale site, built as FLO RESIDENCE.

[ Award ]

S$169,559,000

S$3,476.74 psm GFA (derived: the source published the price and no rate). Awarded 7 September 2011 to Capital Development Pte Ltd, parent: CapitaLand Limited / ZACD Investments Pte Ltd, parent: ZACD Group Ltd..

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Punggol Field WalkCondominium or Flats14,344 m²48,769.6 m²Capital Development Pte Ltd, parent: CapitaLand Limited / ZACD Investments Pte Ltd, parent: ZACD Group Ltd.S$169,559,000(S$3,476.74, derived)
[ All 8 tenderers ]

As listed at the close of 1 September 2011 (hdb-list-punggol-s6-close), with the outcome the award of 7 September 2011 gave each.

RankTendererTendered priceOutcome
1Capital Development Pte Ltd, parent: CapitaLand Limited / ZACD Investments Pte Ltd, parent: ZACD Group Ltd.S$169,559,000Awarded
2FCL Topaz Pte. Ltd., parent: Frasers Property Limited, Far East Civil Engineering (Pte.) Limited, parent: Far East Organization & Sekisui House, Ltd.S$163,000,000Unsuccessful
3Leng Hoe Development Pte. Ltd.S$161,800,000Unsuccessful
4Allgreen Properties LimitedS$160,080,000Unsuccessful
5EL Development Pte LtdS$142,000,000Unsuccessful
6Heeton Capital Pte. Ltd.S$140,800,000Unsuccessful
7Wee Hur Development Pte Ltd, parent: Wee Hur Holdings LtdS$126,000,000Unsuccessful
8Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings LimitedS$120,738,880Unsuccessful

Press releases, latest first

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

7 September 2011

Awarded

Punggol S6, Punggol Field Walk: awarded to Capital Development Pte Ltd / ZACD Investments Pte Ltd, 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

Capital Development Pte Ltd, parent: CapitaLand Limited / ZACD Investments Pte Ltd, parent: ZACD Group Ltd., S$169,559,000 (S$3,476.74 psm GFA, derived: the source published the price and not the rate).

Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)

1 September 2011

Tender closed

Punggol S6, Punggol Field Walk: tender closed with 8 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.

8 bids disclosed

Highest S$169,559,000 from Capital Development Pte Ltd, parent: CapitaLand Limited / ZACD Investments Pte Ltd, parent: ZACD Group Ltd..

Source: List of Residential Sites (Prevo reference hdb-list-condo-sites-sold)

29 June 2011

Launched for tender

Punggol S6, Punggol Field Walk: 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
FLO Residence[hdb-list-condo-sites-sold]
Site area
14,344 sqm[hdb-list-condo-sites-sold]
Maximum GFA
48,770 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 3.4
Facts as stated on
29 June 2011

Sources

  1. Agency listPublication date not recorded

    List of Residential Sites

    Housing & Development Board · Retrieved 19 September 2026

    Source fact · Source-backed

    Original 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