Woodlands Avenue 6 / Woodlands Drive 16
AwardedExecutive Condominium housing. HDB sale site, built as TWIN FOUNTAINS.
S$150,180,000
S$3,249.59 psm GFA (derived: the source published the price and no rate). Awarded 16 October 2012 to Opal Star Pte. Ltd., parent: City Developments Limited & Binjai Holdings Pte. Ltd.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Woodlands Avenue 6 / Woodlands Drive 16 | Executive Condominium housing | 16,505.4 m² | 46,215.12 m² | Opal Star Pte. Ltd., parent: City Developments Limited & Binjai Holdings Pte. Ltd. | S$150,180,000(S$3,249.59, derived) |
As listed at the close of 9 October 2012 (hdb-list-woodlands-e5-close), with the outcome the award of 16 October 2012 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Opal Star Pte. Ltd., parent: City Developments Limited & Binjai Holdings Pte. Ltd. | S$150,180,000 | Awarded |
| 2 | Far East Civil Engineering (Pte.) Limited, parent: Far East Organization & China Construction (South Pacific) Development Co Pte Ltd, parent: China State Construction Engineering Corporation Limited | S$147,777,000 | Unsuccessful |
| 3 | Mezzo Development Pte Ltd | S$138,000,000 | Unsuccessful |
| 4 | Verspring Properties Pte. Ltd. | S$134,700,000 | Unsuccessful |
| 5 | CEL Property Pte Ltd, parent: Chip Eng Seng Corporation Ltd | S$124,399,000 | 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.
16 October 2012
AwardedWoodlands E5, Woodlands Avenue 6 / Woodlands Drive 16: awarded to Opal Star Pte. Ltd. & Binjai 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
Opal Star Pte. Ltd., parent: City Developments Limited & Binjai Holdings Pte. Ltd., S$150,180,000 (S$3,249.59 psm GFA, derived: the source published the price and not the rate).
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
9 October 2012
Tender closedWoodlands E5, Woodlands Avenue 6 / 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$150,180,000 from Opal Star Pte. Ltd., parent: City Developments Limited & Binjai Holdings Pte. Ltd.
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
23 August 2012
Launched for tenderWoodlands E5, Woodlands Avenue 6 / 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
- Twin Fountains[hdb-list-ec-sites-sold]
- Site area
- 16,505.4 sqm[hdb-list-ec-sites-sold]
- Maximum GFA
- 46,215 sqmMinimum GFA 41,594 sqm[hdb-list-ec-sites-sold]
- Tender conditions
- Housing classification: Executive Condominium
- Permissible gross plot ratio: 2.8
- Facts as stated on
- 23 August 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