Canberra Drive

Awarded

Executive Condominium housing. HDB sale site, built as THE BROWNSTONE.

[ Award ]

S$226,000,000

S$3,767.84 psm GFA (derived: the source published the price and no rate). Awarded 29 January 2014 to Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Canberra Drive	Executive Condominium housing	28,562.5 m²	59,981.25 m²	Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)	S$226,000,000(S$3,767.84, derived)

[ All 6 tenderers ]

As listed at the close of 28 January 2014 (hdb-list-sembawang-e2b-close), with the outcome the award of 29 January 2014 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)	S$226,000,000	Awarded
2	MCL Land (Brighton) Pte. Ltd., parent: MCL Land Limited	S$216,500,000	Unsuccessful
3	Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited	S$201,000,000	Unsuccessful
4	Allgreen Properties Limited	S$198,900,000	Unsuccessful
5	EL Development Pte Ltd	S$194,800,000	Unsuccessful
6	CEL Residential Development Pte Ltd, parent: Chip Eng Seng Corporation Ltd	S$163,380,000	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.

29 January 2014

Awarded

Sembawang E2b, Canberra Drive: awarded to Verwood Holdings Pte. Ltd. and TID Residential 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

Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture), S$226,000,000 (S$3,767.84 psm GFA, derived: the source published the price and not the rate).

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

28 January 2014

Tender closed

Sembawang E2b, Canberra Drive: 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$226,000,000 from Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)

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

18 November 2013

Launched for tender

Sembawang E2b, Canberra 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: The Brownstone[hdb-list-ec-sites-sold]
Site area: 28,562.5 sqm[hdb-list-ec-sites-sold]
Maximum GFA: 59,981 sqmMinimum GFA 53,983 sqm[hdb-list-ec-sites-sold]
Tender conditions: Housing classification: Executive Condominium
Permissible gross plot ratio: 2.1
Facts as stated on: 18 November 2013

Sources

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
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af32fa522c4cd88e40ba9ecb0004d43ba1bdf020add1229ad96b1ea577a74869
Size
976,582 bytes
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application/pdf
Retrieved at
2026-09-19 09:57:46 UTC
Prevo reference
hdb-list-ec-sites-sold