Upper Serangoon Road
AwardedMixed commercial and residential. HDB sale site, built as Woodleigh Mall & Woodleigh Residences.
S$1,132,000,000
S$12,712.96 psm GFA (derived: the source published the price and no rate). Awarded 21 June 2017 to Elara 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture) And Callisto 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture)
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Upper Serangoon Road | Mixed commercial and residential | 25,440.8 m² | 89,043 m² | Elara 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture) And Callisto 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture) | S$1,132,000,000(S$12,712.96, derived) |
As listed at the close of 13 June 2017 (hdb-list-bidadari-p1-close), with the outcome the award of 21 June 2017 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Elara 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture) And Callisto 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture) | S$1,132,000,000 | Awarded |
| 2 | Far East Civil Engineering (Pte.) Limited, parent: Far East Organization and Sekisui House, Ltd. | S$1,117,777,777 | Unsuccessful |
| 3 | First Meyer Development Pte. Ltd. and GLL A Pte. Ltd. | S$1,060,000,000 | Unsuccessful |
| 4 | Kingsford Huray Development Pte Ltd, parent: Kingsford Group | S$1,035,000,000 | Unsuccessful |
| 5 | Blossom Commercial Development Pte. Ltd. and Blossom Residential Development Pte. Ltd. | S$958,089,288 | Unsuccessful |
| 6 | Sim Lian (Focus) Pte Ltd & Sim Lian (Treasure) Pte Ltd | S$939,999,999 | Unsuccessful |
| 7 | PQJ Retail Management Pte. Ltd. (as trustee - manager of PQJ Retail Trust) and PQJ Residential Development Pte. Ltd. | S$919,998,000 | Unsuccessful |
| 8 | Nanshan Group Singapore Co. Pte. Ltd. | S$906,800,006 | Unsuccessful |
| 9 | Zenmost Developments Pte. Ltd. And Zenlead Investments Pte. Ltd. | S$905,807,755 | Unsuccessful |
| 10 | CEL Unique Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd | S$863,810,000 | Unsuccessful |
| 11 | FCL Residences Pte. Ltd., parent: Frasers Property Limited and KH Capital Pte. Ltd., parent: Kheng Leong Company (Private) Limited | S$834,000,000 | Unsuccessful |
| 12 | Soilbuild Group Holdings Ltd | S$774,488,000 | 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.
21 June 2017
AwardedBidadari P1, Upper Serangoon Road: awarded to Elara 1 Pte. Ltd. And Callisto 1 Pte. Ltd., as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
Awarded to
Elara 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture) And Callisto 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture), S$1,132,000,000 (S$12,712.96 psm GFA, derived: the source published the price and not the rate).
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
13 June 2017
Tender closedBidadari P1, Upper Serangoon Road: tender closed with 12 priced bids, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
12 bids disclosed
Highest S$1,132,000,000 from Elara 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture) And Callisto 1 Pte. Ltd., parent: Singapore Press Holdings Limited / Keppel Ltd. and Kajima Development (joint venture)
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
6 March 2017
Launched for tenderBidadari P1, Upper Serangoon Road: launched for tender, as HDB's list of mixed residential and commercial sites sold dates it
Dated as the agency’s list of sites sold prints it (List of mixed residential and commercial sites sold). The list is the source; no release of this date is on record.
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
Site facts
- Selling authority
- HDB
- Allowable development
- Mixed commercial and residential
- 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-mixed-sites-sold]
- Project
- Woodleigh Mall & Woodleigh Residences[hdb-list-mixed-sites-sold]
- Site area
- 25,440.8 sqm[hdb-list-mixed-sites-sold]
- Maximum GFA
- 89,043 sqm[hdb-list-mixed-sites-sold]
- Tender conditions
- Permissible gross plot ratio: 3.5
- Facts as stated on
- 6 March 2017
Sources
- Agency listPublication date not recorded
List of mixed residential and commercial sites sold
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal source link unavailable
Technical details
- SHA-256
- 417df251cb8624ba806df3a6cb6e628e19acead2b258f3f5cd6df6c021fc4d83
- Size
- 261,098 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 11:00:31 UTC
- Prevo reference
- hdb-list-mixed-sites-sold