Yio Chu Kang Road

Awarded

Executive Condominium housing. HDB sale site, built as HUNDRED PALMS RESIDENCES.

[ Award ]

S$183,800,000

S$3,563.11 psm GFA (derived: the source published the price and no rate). Awarded 29 February 2016 to Hoi Hup Realty Pte Ltd.

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Yio Chu Kang Road	Executive Condominium housing	18,422.9 m²	51,584.12 m²	Hoi Hup Realty Pte Ltd	S$183,800,000(S$3,563.11, derived)

[ All 10 tenderers ]

As listed at the close of 18 February 2016 (hdb-list-hougang-e6-close), with the outcome the award of 29 February 2016 gave each.

Rank	Tenderer	Tendered price	Outcome
1	Hoi Hup Realty Pte Ltd	S$183,800,000	Awarded
2	Nanshan Group Singapore Co. Pte. Ltd.	S$173,238,458	Unsuccessful
3	Qingjian Realty (Residential) Pte Ltd, parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd.	S$172,128,000	Unsuccessful
4	Wee Hur Development Pte Ltd, parent: Wee Hur Holdings Ltd	S$170,000,000	Unsuccessful
5	Allgreen Properties Limited	S$161,000,000	Unsuccessful
6	China Construction (South Pacific) Development Co. Pte. Ltd., parent: China State Construction Engineering Corporation Limited	S$158,668,000	Unsuccessful
7	CEL Residential Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd	S$155,888,000	Unsuccessful
8	Evia Real Estate (8) Pte Ltd, parent: Evia Real Estate Pte. Ltd. and GE DG Pte Ltd	S$145,588,888	Unsuccessful
9	Verwood Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)	S$145,000,000	Unsuccessful
10	TTH Development Pte Ltd and K H Capital Pte Ltd	S$141,033,873	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 February 2016

Awarded

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

Hoi Hup Realty Pte Ltd, S$183,800,000 (S$3,563.11 psm GFA, derived: the source published the price and not the rate).

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

18 February 2016

Tender closed

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.

10 bids disclosed

Highest S$183,800,000 from Hoi Hup Realty Pte Ltd.

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

29 December 2015

Launched for tender

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)

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: Hundred Palms Residences[hdb-list-ec-sites-sold]
Site area: 18,422.9 sqm[hdb-list-ec-sites-sold]
Maximum GFA: 51,584 sqmMinimum GFA 46,426 sqm[hdb-list-ec-sites-sold]
Tender conditions: Housing classification: Executive Condominium
Permissible gross plot ratio: 2.8
Facts as stated on: 29 December 2015