Elias Road / Pasir Ris Drive 3

Awarded

Strata Landed or Condominium / Flats. HDB sale site, built as STRATUM.

[ Award ]

S$165,888,333

S$5,080.68 psm GFA (derived: the source published the price and no rate). Awarded 13 April 2012 to Elitist Development Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Elias Road / Pasir Ris Drive 3	Strata Landed or Condominium / Flats	23,322 m²	32,650.8 m²	Elitist Development Pte Ltd	S$165,888,333(S$5,080.68, derived)

[ All 9 tenderers ]

As listed at the close of 11 April 2012 (hdb-list-pasir-ris-s4a-close), with the outcome the award of 13 April 2012 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Elitist Development Pte Ltd	S$165,888,333	Awarded
2	OUE Reef Development Pte. Ltd.	S$139,000,000	Unsuccessful
3	Singland Development Pte. Ltd., parent: Singapore Land Group Limited	S$133,648,000	Unsuccessful
4	Strategic Developments Pte Ltd	S$126,800,000	Unsuccessful
5	Frasers Centrepoint Limited, parent: Frasers Property Limited (renamed from Frasers Centrepoint Limited)	S$123,400,000	Unsuccessful
6	EL Development	S$123,100,000	Unsuccessful
7	First Changi Development Pte Ltd, parent: GuocoLand Limited	S$112,200,000	Unsuccessful
8	Capital Development Pte Ltd, parent: CapitaLand Limited / Qinghe Pte Ltd	S$112,000,000	Unsuccessful
9	Santarli Corporation Pte Ltd, parent: Santarli Group	S$108,980,000	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.

13 April 2012

Awarded

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

Elitist Development Pte Ltd, S$165,888,333 (S$5,080.68 psm GFA, derived: the source published the price and not the rate).

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

11 April 2012

Tender closed

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.

9 bids disclosed

Highest S$165,888,333 from Elitist Development Pte Ltd.

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

15 February 2012

Launched for tender

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)

Selling authority: HDB
Allowable development: Strata Landed or Condominium / 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: Stratum[hdb-list-condo-sites-sold]
Site area: 23,322 sqm[hdb-list-condo-sites-sold]
Maximum GFA: 32,651 sqm[hdb-list-condo-sites-sold]
Tender conditions: Development type (list code): LP / CO / FT
Permissible gross plot ratio: 1.4
Facts as stated on: 15 February 2012