[ Land sales ]

Yishun Avenue 1 / Miltonia Close

Awarded

Condominium or Flats. HDB sale site, built as SKIES MILTONIA.

[ Award ]

S$138,900,000

S$3,913.78 psm GFA (derived: the source published the price and no rate). Awarded 21 November 2011 to T G Development Pte Ltd and Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Yishun Avenue 1 / Miltonia CloseCondominium or Flats16,900 m²35,490 m²T G Development Pte Ltd and Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator)S$138,900,000(S$3,913.78, derived)
[ All 8 tenderers ]

As listed at the close of 15 November 2011 (hdb-list-yishun-s12-close), with the outcome the award of 21 November 2011 gave each.

RankTendererTendered priceOutcome
1T G Development Pte Ltd and Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator)S$138,900,000Awarded
2S L (Serangoon) Pte. Ltd., parent: Sim Lian Group LimitedS$131,028,000Unsuccessful
3Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings LimitedS$129,888,797Unsuccessful
4Frasers Centrepoint Limited, parent: Frasers Property Limited (renamed from Frasers Centrepoint Limited)S$129,880,000Unsuccessful
5Peak Shines Pte LtdS$126,500,000Unsuccessful
6EL Development Pte LtdS$125,000,000Unsuccessful
7Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad and Hoi Hup J.V. Development Pte Ltd, parent: Hoi Hup Realty Pte. Ltd.S$124,300,000Unsuccessful
8Hangzhou Headway Real Estate Co., Ltd. and Hua Yuan Organisation Pte LtdS$119,246,400Unsuccessful

Press releases, latest first

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

21 November 2011

Awarded

Yishun S12, Yishun Avenue 1 / Miltonia Close: awarded to T G Development Pte Ltd and Master Contract Services 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

T G Development Pte Ltd and Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator), S$138,900,000 (S$3,913.78 psm GFA, derived: the source published the price and not the rate).

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

15 November 2011

Tender closed

Yishun S12, Yishun Avenue 1 / Miltonia Close: 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$138,900,000 from T G Development Pte Ltd and Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator).

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

15 September 2011

Launched for tender

Yishun S12, Yishun Avenue 1 / Miltonia Close: 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
Skies Miltonia[hdb-list-condo-sites-sold]
Site area
16,900 sqm[hdb-list-condo-sites-sold]
Maximum GFA
35,490 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): CO
  • Permissible gross plot ratio: 2.1
Facts as stated on
15 September 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