[ Land sales ]

Sembawang Crescent / Sembawang Drive

Awarded

Executive Condominium housing. HDB sale site, built as SKYPARK RESIDENCES.

[ Award ]

S$211,920,000

S$3,484.87 psm GFA (derived: the source published the price and no rate). Awarded 17 December 2012 to JBE Holdings Pte Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Sembawang Crescent / Sembawang DriveExecutive Condominium housing21,718.4 m²60,811.52 m²JBE Holdings Pte LtdS$211,920,000(S$3,484.87, derived)
[ All 8 tenderers ]

As listed at the close of 13 December 2012 (hdb-list-sembawang-e1a-close), with the outcome the award of 17 December 2012 gave each.

RankTendererTendered priceOutcome
1JBE Holdings Pte LtdS$211,920,000Awarded
2FCL Place Pte. Ltd. And Hytech Builders Pte LtdS$210,118,000Unsuccessful
3Master Contract Services Pte Ltd, parent: Master Contract Services Pte. Ltd. (privately held parent/operator) & Keong Hong Construction Pte Ltd, parent: Keong Hong Holdings LimitedThe list prints S/N 3A, tied with 3B at the same price; the rank is its position.S$208,500,000Unsuccessful
4Peak Square Pte. Ltd., parent: Kheng Leong Company (Private) Limited & Low Keng Huat (Singapore) LimitedThe list prints S/N 3B, tied with 3A at the same price; the rank is its position.S$208,500,000Unsuccessful
5CEL Property Pte Ltd, parent: Chip Eng Seng Corporation LtdS$201,383,000Unsuccessful
6Qingjian Realty (South Pacific) Group Pte Ltd, parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd.S$197,700,000Unsuccessful
7Bellevue Properties Pte. Ltd., parent: City Developments LimitedS$193,000,000Unsuccessful
8Mezzo Development Pte LtdS$184,000,000Unsuccessful

Press releases, latest first

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

17 December 2012

Awarded

Sembawang E1a, Sembawang Crescent / Sembawang Drive: awarded to JBE Holdings 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

JBE Holdings Pte Ltd, S$211,920,000 (S$3,484.87 psm GFA, derived: the source published the price and not the rate).

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

13 December 2012

Tender closed

Sembawang E1a, Sembawang Crescent / Sembawang Drive: tender closed with 8 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.

8 bids disclosed

Highest S$211,920,000 from JBE Holdings Pte Ltd.

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

30 October 2012

Launched for tender

Sembawang E1a, Sembawang Crescent / Sembawang Drive: 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
SkyPark Residences[hdb-list-ec-sites-sold]
Site area
21,718.4 sqm[hdb-list-ec-sites-sold]
Maximum GFA
60,812 sqmMinimum GFA 54,730 sqm[hdb-list-ec-sites-sold]
Tender conditions
  • Housing classification: Executive Condominium
  • Permissible gross plot ratio: 2.8
Facts as stated on
30 October 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