Sengkang West Way / Fernvale Link (Parcel B)
AwardedExecutive Condominium housing. HDB sale site, built as LUSH ACRES.
S$135,000,000
S$3,191.31 psm GFA (derived: the source published the price and no rate). Awarded 12 November 2012 to Verspring Properties Pte. Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Sengkang West Way / Fernvale Link (Parcel B) | Executive Condominium housing | 14,100.8 m² | 42,302.4 m² | Verspring Properties Pte. Ltd. | S$135,000,000(S$3,191.31, derived) |
As listed at the close of 8 November 2012 (hdb-list-sengkang-e9-close), with the outcome the award of 12 November 2012 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Verspring Properties Pte. Ltd. | S$135,000,000 | Awarded |
| 2 | JBE Development Pte Ltd | S$134,852,000 | Unsuccessful |
| 3 | Vantage Properties Pte Ltd | S$132,800,000 | Unsuccessful |
| 4 | CEL Property Pte Ltd, parent: Chip Eng Seng Corporation Ltd | S$128,863,000 | Unsuccessful |
| 5 | Capital Development Pte Ltd, parent: CapitaLand Limited & ZACD Investments Pte Ltd, parent: ZACD Group Ltd. | S$123,000,888 | Unsuccessful |
| 6 | FCL Place Pte. Ltd. | S$120,668,000 | 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.
12 November 2012
AwardedSengkang E9, Sengkang West Way / Fernvale Link (Parcel B): awarded to Verspring Properties 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
Verspring Properties Pte. Ltd., S$135,000,000 (S$3,191.31 psm GFA, derived: the source published the price and not the rate).
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
8 November 2012
Tender closedSengkang E9, Sengkang West Way / Fernvale Link (Parcel B): tender closed with 6 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.
6 bids disclosed
Highest S$135,000,000 from Verspring Properties Pte. Ltd.
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
26 September 2012
Launched for tenderSengkang E9, Sengkang West Way / Fernvale Link (Parcel B): 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
- Lush Acres[hdb-list-ec-sites-sold]
- Site area
- 14,100.8 sqm[hdb-list-ec-sites-sold]
- Maximum GFA
- 42,302 sqmMinimum GFA 38,072 sqm[hdb-list-ec-sites-sold]
- Tender conditions
- Housing classification: Executive Condominium
- Permissible gross plot ratio: 3
- Facts as stated on
- 26 September 2012
Sources
- Agency listPublication date not recorded
List of EC Sites
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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