[ Land sales ]

Pasir Ris Drive 3 / Pasir Ris Rise

Awarded

Executive Condominium housing. HDB sale site, built as SEA HORIZON.

[ Award ]

S$207,000,000

S$3,563.68 psm GFA (derived: the source published the price and no rate). Awarded 26 November 2012 to Hao Yuan Investment Pte Ltd, parent: Hao Yuan Group / MCC Land (project-dependent joint venture).

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Pasir Ris Drive 3 / Pasir Ris RiseExecutive Condominium housing27,660 m²58,086 m²Hao Yuan Investment Pte Ltd, parent: Hao Yuan Group / MCC Land (project-dependent joint venture)S$207,000,000(S$3,563.68, derived)
[ All 10 tenderers ]

As listed at the close of 22 November 2012 (hdb-list-pasir-ris-e10-close), with the outcome the award of 26 November 2012 gave each.

RankTendererTendered priceOutcome
1Hao Yuan Investment Pte Ltd, parent: Hao Yuan Group / MCC Land (project-dependent joint venture)S$207,000,000Awarded
2World Class Investments Pte LtdS$206,688,000Unsuccessful
3FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and Keong Hong Construction Pte Ltd, parent: Keong Hong Holdings LimitedS$202,080,000Unsuccessful
4Evia Real Estate (3) Pte Ltd / Ho Lee Group Pte Ltd / CNH Investment Pte LtdS$201,000,001Unsuccessful
5Qingjian Realty (South Pacific) Group Pte Ltd, parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd.S$191,700,000Unsuccessful
6Peak Sky Pte. Ltd. and Low Keng Huat (Singapore) LimitedS$191,200,000Unsuccessful
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$189,200,000Unsuccessful
8Bellevue Properties Pte. Ltd., parent: City Developments LimitedS$178,000,000Unsuccessful
9CEL Property Pte Ltd, parent: Chip Eng Seng Corporation LtdS$175,000,000Unsuccessful
10Mezzo Development Pte LtdS$169,000,000Unsuccessful

Press releases, latest first

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

26 November 2012

Awarded

Pasir Ris E10, Pasir Ris Drive 3 / Pasir Ris Rise: awarded to Hao Yuan Investment 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

Hao Yuan Investment Pte Ltd, parent: Hao Yuan Group / MCC Land (project-dependent joint venture), S$207,000,000 (S$3,563.68 psm GFA, derived: the source published the price and not the rate).

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

22 November 2012

Tender closed

Pasir Ris E10, Pasir Ris Drive 3 / Pasir Ris Rise: tender closed with 10 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.

10 bids disclosed

Highest S$207,000,000 from Hao Yuan Investment Pte Ltd, parent: Hao Yuan Group / MCC Land (project-dependent joint venture).

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

26 September 2012

Launched for tender

Pasir Ris E10, Pasir Ris Drive 3 / Pasir Ris Rise: 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
Sea Horizon[hdb-list-ec-sites-sold]
Site area
27,660 sqm[hdb-list-ec-sites-sold]
Maximum GFA
58,086 sqmMinimum GFA 52,277 sqm[hdb-list-ec-sites-sold]
Tender conditions
  • Housing classification: Executive Condominium
  • Permissible gross plot ratio: 2.1
Facts as stated on
26 September 2012

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