Prevo
[ Land sales ]

Sembawang Avenue

Awarded

Executive Condominium housing. HDB sale site, built as PARC LIFE.

Open in Maps
[ Award ]

S$214,080,000

S$3,445.61 psm GFA (derived: the source published the price and no rate). Awarded 14 July 2014 to FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and KH Capital Pte. Ltd., parent: Kheng Leong Company (Private) Limited

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Sembawang AvenueExecutive Condominium housing22,189.7 m²62,131.16 m²FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and KH Capital Pte. Ltd., parent: Kheng Leong Company (Private) LimitedS$214,080,000(S$3,445.61, derived)
[ All 4 tenderers ]

As listed at the close of 10 July 2014 (hdb-list-sembawang-e1b-close), with the outcome the award of 14 July 2014 gave each.

RankTendererTendered priceOutcome
1FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and KH Capital Pte. Ltd., parent: Kheng Leong Company (Private) LimitedS$214,080,000Awarded
2Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$211,000,000Unsuccessful
3CEL Residential Development Pte Ltd., parent: Chip Eng Seng Corporation LtdS$188,888,000Unsuccessful
4Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedS$181,000,000Unsuccessful

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 July 2014

Awarded

Sembawang E1b, Sembawang Avenue: awarded to FCL Tampines Court Pte. Ltd. & KH Capital 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

FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and KH Capital Pte. Ltd., parent: Kheng Leong Company (Private) Limited, S$214,080,000 (S$3,445.61 psm GFA, derived: the source published the price and not the rate).

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

10 July 2014

Tender closed

Sembawang E1b, Sembawang Avenue: tender closed with 4 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.

4 bids disclosed

Highest S$214,080,000 from FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and KH Capital Pte. Ltd., parent: Kheng Leong Company (Private) Limited

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

29 May 2014

Launched for tender

Sembawang E1b, Sembawang Avenue: 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
Parc Life[hdb-list-ec-sites-sold]
Site area
22,189.7 sqm[hdb-list-ec-sites-sold]
Maximum GFA
62,131 sqmMinimum GFA 55,918 sqm[hdb-list-ec-sites-sold]
Tender conditions
  • Housing classification: Executive Condominium
  • Permissible gross plot ratio: 2.8
Facts as stated on
29 May 2014

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