Sengkang West Avenue / Fernvale Road

Awarded

Commercial. HDB sale site, built as The Seletar Mall.

[ Award ]

S$328,000,000

S$12,437.95 psm GFA (derived: the source published the price and no rate). Awarded 20 January 2012 to Earth Holdings Pte. Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Sengkang West Avenue / Fernvale Road	Commercial	8,790.3 m²	26,370.9 m²	Earth Holdings Pte. Ltd.	S$328,000,000(S$12,437.95, derived)

[ All 12 tenderers ]

As listed at the close of 17 January 2012 (hdb-list-sengkang-p2-close), with the outcome the award of 20 January 2012 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Earth Holdings Pte. Ltd.	S$328,000,000	Awarded
2	Alpro Management Services Pte Ltd	S$272,217,600	Unsuccessful
3	Mapletree Trustee Pte. Ltd. (As Trustee of Anson Trust)	S$272,217,600	Unsuccessful
4	FC Commercial Trustee Pte. Ltd. (As Trustee-manager of Aquamarine Star Trust), parent: Frasers Property Limited	S$218,608,000	Unsuccessful
5	Kentish View Pte Ltd	S$214,777,000	Unsuccessful
6	Noscom Investments Pte. Ltd.	S$207,106,106	Unsuccessful
7	Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited & Sim Lian Development Pte Ltd, parent: Sim Lian Group Limited	S$188,882,000	Unsuccessful
8	Mercatus Retail Holdings Pte. Ltd.	S$186,000,000	Unsuccessful
9	Guthrie (SKG) Pte. Ltd. and Sun Venture Group Pte. Ltd.	S$178,800,000	Unsuccessful
10	Mezzo Development Pte Ltd	S$168,000,000	Unsuccessful
11	S. L. Development Pte. Limited	S$153,280,000	Unsuccessful
12	Unique Capital Pte. Ltd.	S$128,303,078	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.

20 January 2012

Awarded

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

Awarded to

Earth Holdings Pte. Ltd., S$328,000,000 (S$12,437.95 psm GFA, derived: the source published the price and not the rate).

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

17 January 2012

Tender closed

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

12 bids disclosed

Highest S$328,000,000 from Earth Holdings Pte. Ltd.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

21 November 2011

Launched for tender

Dated as the agency’s list of sites sold prints it (List of Commercial Sites). The list is the source; no release of this date is on record.

Source: List of Commercial Sites (Prevo reference hdb-list-commercial-sites-sold)

Selling authority: HDB
Allowable development: Commercial
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-commercial-sites-sold]
Project: The Seletar Mall[hdb-list-commercial-sites-sold]
Site area: 8,790.3 sqm[hdb-list-commercial-sites-sold]
Maximum GFA: 26,371 sqm[hdb-list-commercial-sites-sold]
Facts as stated on: 21 November 2011