[ Land sales ]

Anchorvale Lane

Awarded

Executive Condominium housing. HDB sale site, built as RIVERCOVE RESIDENCES.

[ Award ]

S$240,950,000

S$3,821.95 psm GFA (derived: the source published the price and no rate). Awarded 5 September 2016 to Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd, parent: Sunway Berhad.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Anchorvale LaneExecutive Condominium housing21,014.6 m²63,043.8 m²Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd, parent: Sunway BerhadS$240,950,000(S$3,821.95, derived)
[ All 16 tenderers ]

As listed at the close of 23 August 2016 (hdb-list-sengkang-e20-close), with the outcome the award of 5 September 2016 gave each.

RankTendererTendered priceOutcome
1Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd, parent: Sunway BerhadS$240,950,000Awarded
2Wee Hur Development Pte Ltd, parent: Wee Hur Holdings LtdS$235,000,000Unsuccessful
3Allgreen Properties LimitedS$226,900,000Unsuccessful
4Sing Holdings Limited and Maxdin Pte Ltd, parent: Greatearth Holding Pte. Ltd. / Greatearth Pte. Ltd.S$226,300,000Unsuccessful
5Kheng Leong Company (Private) Limited and Singland Homes Pte. Ltd., parent: Singapore Land Group LimitedS$225,100,000Unsuccessful
6Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedS$223,000,000Unsuccessful
7Qingjian Realty (Residential) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd.S$220,100,000Unsuccessful
8Treasure View Pte Ltd and Raimon Land Development (S) Pte LtdS$214,800,000Unsuccessful
9China Construction (South Pacific) Development Co. Pte. Ltd., parent: China State Construction Engineering Corporation LimitedS$212,402,882.98Unsuccessful
10Nanshan Group Singapore Co. Pte. Ltd.S$208,331,363Unsuccessful
11Greatview Investment Pte LtdS$200,780,000Unsuccessful
12Soilbuild Group Holdings LtdS$196,228,000Unsuccessful
13CEL Real Estate Development Pte LtdS$192,100,000Unsuccessful
14Development 88 Pte. Ltd.S$184,590,888Unsuccessful
15TTH Development Pte Ltd and KH Capital Pte Ltd, parent: Kheng Leong Company (Private) LimitedS$183,901,539Unsuccessful
16Bellevue Properties Pte. Ltd., parent: City Developments LimitedS$176,000,000Unsuccessful

Press releases, latest first

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

5 September 2016

Awarded

Sengkang E20, Anchorvale Lane: awarded to Hoi Hup Realty Pte Ltd and Sunway Developments 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

Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd, parent: Sunway Berhad, S$240,950,000 (S$3,821.95 psm GFA, derived: the source published the price and not the rate).

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

23 August 2016

Tender closed

Sengkang E20, Anchorvale Lane: tender closed with 16 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.

16 bids disclosed

Highest S$240,950,000 from Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd, parent: Sunway Berhad.

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

29 June 2016

Launched for tender

Sengkang E20, Anchorvale Lane: 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
Rivercove Residences[hdb-list-ec-sites-sold]
Site area
21,014.6 sqm[hdb-list-ec-sites-sold]
Maximum GFA
63,044 sqmMinimum GFA 56,739 sqm[hdb-list-ec-sites-sold]
Tender conditions
  • Housing classification: Executive Condominium
  • Permissible gross plot ratio: 3
Facts as stated on
29 June 2016

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