Choa Chu Kang Avenue 5
AwardedExecutive Condominium housing. HDB sale site, built as INZ RESIDENCE.
S$156,157,000
S$3,176.62 psm GFA (derived: the source published the price and no rate). Awarded 24 August 2015 to Qingjian Realty (Residential) Pte. Ltd, parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd., Suntec Property Ventures Pte Ltd, parent: Suntec REIT / ARA Asset Management and Bohai Investments (Sengkang) Pte Ltd, parent: MCC Land (Singapore) Pte. Ltd. / China Metallurgical Group Corporation.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Choa Chu Kang Avenue 5 | Executive Condominium housing | 16,386.1 m² | 49,158.3 m² | Qingjian Realty (Residential) Pte. Ltd, parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd., Suntec Property Ventures Pte Ltd, parent: Suntec REIT / ARA Asset Management and Bohai Investments (Sengkang) Pte Ltd, parent: MCC Land (Singapore) Pte. Ltd. / China Metallurgical Group Corporation | S$156,157,000(S$3,176.62, derived) |
As listed at the close of 28 July 2015 (hdb-list-choa-chu-kang-e12-close), with the outcome the award of 24 August 2015 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Qingjian Realty (Residential) Pte. Ltd, parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd., Suntec Property Ventures Pte Ltd, parent: Suntec REIT / ARA Asset Management and Bohai Investments (Sengkang) Pte Ltd, parent: MCC Land (Singapore) Pte. Ltd. / China Metallurgical Group Corporation | S$156,157,000 | Awarded |
| 2 | TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) | S$145,888,888 | Unsuccessful |
| 3 | Allgreen Properties Limited | S$133,890,000 | Unsuccessful |
| 4 | EL Development Pte Ltd | S$127,100,000 | Unsuccessful |
| 5 | Wee Hur Development Pte Ltd, parent: Wee Hur Holdings Ltd | S$127,000,000 | Unsuccessful |
| 6 | Lian Beng - KSH Pte. Ltd. | S$125,938,000 | Unsuccessful |
| 7 | MCL Land (Regency) Pte. Ltd., parent: MCL Land Limited | S$122,500,000 | Unsuccessful |
| 8 | Edition Land Pte Ltd and TTH Development Pte Ltd | S$122,000,800 | Unsuccessful |
| 9 | Northern Development Pte. Ltd. | S$119,055,000 | Unsuccessful |
| 10 | Centra One Pte. Ltd.The list prints S/N 10a, tied with 10b at the same price; the rank is its position. | S$108,000,000 | Unsuccessful |
| 11 | Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedThe list prints S/N 10b, tied with 10a at the same price; the rank is its position. | S$108,000,000 | 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.
24 August 2015
AwardedChoa Chu Kang E12, Choa Chu Kang Avenue 5: awarded to Qingjian Realty (Residential) Pte. Ltd, Suntec Property Ventures Pte Ltd and Bohai Investments (Sengkang) 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
Qingjian Realty (Residential) Pte. Ltd, parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd., Suntec Property Ventures Pte Ltd, parent: Suntec REIT / ARA Asset Management and Bohai Investments (Sengkang) Pte Ltd, parent: MCC Land (Singapore) Pte. Ltd. / China Metallurgical Group Corporation, S$156,157,000 (S$3,176.62 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 July 2015
Tender closedChoa Chu Kang E12, Choa Chu Kang Avenue 5: tender closed with 11 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.
11 bids disclosed
Highest S$156,157,000 from Qingjian Realty (Residential) Pte. Ltd, parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd., Suntec Property Ventures Pte Ltd, parent: Suntec REIT / ARA Asset Management and Bohai Investments (Sengkang) Pte Ltd, parent: MCC Land (Singapore) Pte. Ltd. / China Metallurgical Group Corporation.
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
19 May 2015
Launched for tenderChoa Chu Kang E12, Choa Chu Kang Avenue 5: 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
- iNZ Residence[hdb-list-ec-sites-sold]
- Site area
- 16,386.1 sqm[hdb-list-ec-sites-sold]
- Maximum GFA
- 49,158 sqmMinimum GFA 44,242 sqm[hdb-list-ec-sites-sold]
- Tender conditions
- Housing classification: Executive Condominium
- Permissible gross plot ratio: 3
- Facts as stated on
- 19 May 2015
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