[ Land sales ]

Fernvale Close

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 RIVERTREES RESIDENCES.

[ Award ]

S$256,980,000

S$5,737.25 psm GFA (derived: the source published the price and no rate). Awarded 14 June 2013 to FCL Topaz Pte. Ltd., parent: Frasers Property Limited, Far East Orchard Limited, parent: Far East Organization (controlling shareholder group) and Sekisui House, Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Fernvale CloseCondominium; or Flats; or, with prior written approval, a combination of Flats and Strata Landed Houses (Serviced Apartments are not allowed)14,930.5 m²44,791.5 m²FCL Topaz Pte. Ltd., parent: Frasers Property Limited, Far East Orchard Limited, parent: Far East Organization (controlling shareholder group) and Sekisui House, Ltd.S$256,980,000(S$5,737.25, derived)
[ All 9 tenderers ]

As listed at the close of 13 June 2013 (hdb-list-sengkang-s12-close), with the outcome the award of 14 June 2013 gave each.

RankTendererTendered priceOutcome
1FCL Topaz Pte. Ltd., parent: Frasers Property Limited, Far East Orchard Limited, parent: Far East Organization (controlling shareholder group) and Sekisui House, Ltd.S$256,980,000Awarded
2MCC Land (Singapore) Pte Ltd, parent: MCC Land (Singapore) Pte. Ltd. / China Metallurgical Group CorporationS$250,000,000Unsuccessful
3UOL Development (Sengkang) Pte. Ltd.S$240,200,000Unsuccessful
4Kingsford Development Pte Ltd, parent: Kingsford GroupS$236,728,629Unsuccessful
5Bellevue Properties Pte. Ltd., parent: City Developments LimitedS$229,000,000Unsuccessful
6CEL EC Development Pte LtdS$228,999,000Unsuccessful
7World Class Land Pte Ltd, parent: Aspial Corporation LimitedS$227,588,000Unsuccessful
8Leng Hoe Development Pte. Ltd.S$218,880,000Unsuccessful
9EL Development Pte LtdS$200,100,000Unsuccessful

Press releases, latest first

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

14 June 2013

Awarded

Sengkang S12, Fernvale Close: awarded to FCL Topaz Pte. Ltd., Far East Orchard Limited and Sekisui House, 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

FCL Topaz Pte. Ltd., parent: Frasers Property Limited, Far East Orchard Limited, parent: Far East Organization (controlling shareholder group) and Sekisui House, Ltd., S$256,980,000 (S$5,737.25 psm GFA, derived: the source published the price and not the rate).

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

13 June 2013

Tender closed

Sengkang S12, Fernvale Close: tender closed with 9 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.

9 bids disclosed

Highest S$256,980,000 from FCL Topaz Pte. Ltd., parent: Frasers Property Limited, Far East Orchard Limited, parent: Far East Organization (controlling shareholder group) and Sekisui House, Ltd.

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

15 April 2013

Launched for tender

Sengkang S12, Fernvale Close: 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
Rivertrees Residences[hdb-list-condo-sites-sold]
Site area
14,930.5 sqm[hdb-list-condo-sites-sold]
Maximum GFA
44,792 sqm[hdb-list-condo-sites-sold]
Tender conditions
  • Development type (list code): *CO
  • Permissible gross plot ratio: 3
Facts as stated on
15 April 2013

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