[ Land sales ]

Woodlands Avenue 5 / Woodlands Drive 16

Awarded

Executive Condominium housing. HDB sale site, built as FORESTVILLE.

[ Award ]

S$247,000,000

S$3,419.16 psm GFA (derived: the source published the price and no rate). Awarded 7 May 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)
Woodlands Avenue 5 / Woodlands Drive 16Executive Condominium housing25,800 m²72,240 m²Hao Yuan Investment Pte Ltd, parent: Hao Yuan Group / MCC Land (project-dependent joint venture)S$247,000,000(S$3,419.16, derived)
[ All 5 tenderers ]

As listed at the close of 3 May 2012 (hdb-list-woodlands-e4-close), with the outcome the award of 7 May 2012 gave each.

RankTendererTendered priceOutcome
1Hao Yuan Investment Pte Ltd, parent: Hao Yuan Group / MCC Land (project-dependent joint venture)S$247,000,000Awarded
2MCL Land Limited, parent: Hongkong Land Holdings LimitedS$238,700,000Unsuccessful
3EL Development Pte LtdS$228,300,000Unsuccessful
4White Haven Properties Pte. Ltd.S$222,500,000Unsuccessful
5FCL Place Pte. Ltd. & Maxdin Pte Ltd, parent: Greatearth Holding Pte. Ltd. / Greatearth Pte. Ltd.S$186,800,800Unsuccessful

Press releases, latest first

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

7 May 2012

Awarded

Woodlands E4, Woodlands Avenue 5 / Woodlands Drive 16: 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$247,000,000 (S$3,419.16 psm GFA, derived: the source published the price and not the rate).

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

3 May 2012

Tender closed

Woodlands E4, Woodlands Avenue 5 / Woodlands Drive 16: tender closed with 5 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.

5 bids disclosed

Highest S$247,000,000 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)

15 March 2012

Launched for tender

Woodlands E4, Woodlands Avenue 5 / Woodlands Drive 16: 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
Forestville[hdb-list-ec-sites-sold]
Site area
25,800 sqm[hdb-list-ec-sites-sold]
Maximum GFA
72,240 sqmMinimum GFA 65,016 sqm[hdb-list-ec-sites-sold]
Tender conditions
  • Housing classification: Executive Condominium
  • Permissible gross plot ratio: 2.8
Facts as stated on
15 March 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