[ Land sales ]

Yishun Street 51 (Parcel A)

Awarded

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

[ Award ]

S$178,500,000

S$3,553.47 psm GFA (derived: the source published the price and no rate). Awarded 26 May 2014 to Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Yishun Street 51 (Parcel A)Executive Condominium housing17,940.2 m²50,232.56 m²Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$178,500,000(S$3,553.47, derived)
[ All 6 tenderers ]

As listed at the close of 22 May 2014 (hdb-list-yishun-e5-close), with the outcome the award of 26 May 2014 gave each.

RankTendererTendered priceOutcome
1Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$178,500,000Awarded
2Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedS$174,800,000Unsuccessful
3Nanshan Group Singapore Co. Pte. Ltd.S$173,100,000Unsuccessful
4FCL Tampines Court Pte. Ltd., parent: Frasers Property Limited and KH Capital Pte. Ltd., parent: Kheng Leong Company (Private) LimitedS$171,980,000Unsuccessful
5Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd, parent: Sunway Berhad and Investment Focus Pte LtdS$157,350,000Unsuccessful
6Wee Hur Development Pte Ltd, parent: Wee Hur Holdings LtdS$145,000,000Unsuccessful

Press releases, latest first

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

26 May 2014

Awarded

Yishun E5, Yishun Street 51 (Parcel A): 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$178,500,000 (S$3,553.47 psm GFA, derived: the source published the price and not the rate).

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

22 May 2014

Tender closed

Yishun E5, Yishun Street 51 (Parcel A): 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$178,500,000 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)

27 March 2014

Launched for tender

Yishun E5, Yishun Street 51 (Parcel A): 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 Criterion[hdb-list-ec-sites-sold]
Site area
17,940.2 sqm[hdb-list-ec-sites-sold]
Maximum GFA
50,233 sqmMinimum GFA 45,209 sqm[hdb-list-ec-sites-sold]
Tender conditions
  • Housing classification: Executive Condominium
  • Permissible gross plot ratio: 2.8
Facts as stated on
27 March 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