[ Land sales ]

Sengkang Square / Compassvale Drive

Awarded

Condominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed). HDB sale site, built as LA FIESTA.

[ Award ]

S$383,333,000

S$5,679.61 psm GFA (derived: the source published the price and no rate). Awarded 6 June 2012 to EL Development Pte Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Sengkang Square / Compassvale DriveCondominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed)22,497.6 m²67,492.8 m²EL Development Pte LtdS$383,333,000(S$5,679.61, derived)
[ All 5 tenderers ]

As listed at the close of 31 May 2012 (hdb-list-sengkang-s5-close), with the outcome the award of 6 June 2012 gave each.

RankTendererTendered priceOutcome
1EL Development Pte LtdS$383,333,000Awarded
2White Haven Properties Pte. Ltd.S$348,000,000Unsuccessful
3OUE Reef Development Pte. Ltd.S$340,105,000Unsuccessful
4Opal Star Pte. Ltd., parent: City Developments Limited & Binjai Holdings Pte. Ltd.S$328,008,000Unsuccessful
5Singland Development Pte. Ltd., parent: Singapore Land Group Limited & UOL Venture Investments Pte. Ltd., parent: UOL Group LimitedS$301,800,000Unsuccessful

Press releases, latest first

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

6 June 2012

Awarded

Sengkang S5, Sengkang Square / Compassvale Drive: awarded to EL Development 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

EL Development Pte Ltd, S$383,333,000 (S$5,679.61 psm GFA, derived: the source published the price and not the rate).

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

31 May 2012

Tender closed

Sengkang S5, Sengkang Square / Compassvale Drive: tender closed with 5 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.

5 bids disclosed

Highest S$383,333,000 from EL Development Pte Ltd.

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

16 April 2012

Launched for tender

Sengkang S5, Sengkang Square / Compassvale Drive: 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; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed)
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
La Fiesta[hdb-list-condo-sites-sold]
Site area
22,497.6 sqm[hdb-list-condo-sites-sold]
Maximum GFA
67,493 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): *CO
  • Permissible gross plot ratio: 3
Facts as stated on
16 April 2012

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