[ Land sales ]

Sumang Walk

Awarded

Executive Condominium housing. HDB sale site, built as PIERMONT GRAND.

[ Award ]

S$509,370,000

S$6,275.41 psm GFA (derived: the source published the price and no rate). Awarded 7 March 2018 to CDL Constellation Pte. Ltd., parent: City Developments Limited 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)
Sumang WalkExecutive Condominium housing27,056.4 m²81,169.2 m²CDL Constellation Pte. Ltd., parent: City Developments Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$509,370,000(S$6,275.41, derived)
[ All 17 tenderers ]

As listed at the close of 27 February 2018 (hdb-list-punggol-e13-close), with the outcome the award of 7 March 2018 gave each.

RankTendererTendered priceOutcome
1CDL Constellation Pte. Ltd., parent: City Developments Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$509,370,000Awarded
2Qingjian Realty (Residential) Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd.S$486,000,000Unsuccessful
3Yanlord Singapore Residential Pte. Ltd. and Soilbuild Group Holdings LtdS$450,000,888Unsuccessful
4Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd, parent: Sunway BerhadS$446,600,000Unsuccessful
5Sing Development (Private) Limited, parent: Sing Holdings Limited, FEC Properties Pte. Ltd., parent: Far East Consortium International Limited And Changi Properties Pte. Ltd., parent: CEL Development Pte. Ltd. / Chip Eng Seng Corporation Ltd (with KSH and Heeton consortium interests)S$431,688,338Unsuccessful
6Evia Real Estate (8) Pte Ltd, parent: Evia Real Estate Pte. Ltd. & Gamuda (Singapore) Pte Ltd, parent: Gamuda BerhadS$426,368,889Unsuccessful
7MCC Land (Singapore) Pte. Ltd., parent: MCC Land (Singapore) Pte. Ltd. / China Metallurgical Group CorporationS$413,700,000Unsuccessful
8UED Residential Pte. Ltd., parent: Yanlord Land Group Limited (through United Engineers Limited), TSKY Development Pte. Ltd. and ZACD (Development1) Ltd.S$411,888,333Unsuccessful
9Frasers Property Gold Pte. Ltd. And KH Capital Pte. Ltd., parent: Kheng Leong Company (Private) LimitedS$409,000,000Unsuccessful
10Nanshan Group Singapore Co. Pte Ltd and Harmony Flourishing International Development Pte. Ltd.S$400,829,766Unsuccessful
11GLL C Pte. Ltd.S$397,533,000Unsuccessful
12Sim Lian Land Pte Ltd, parent: Sim Lian Group LimitedS$393,900,009Unsuccessful
13JBE Properties Pte LtdS$393,900,000Unsuccessful
14Peak Opal Pte. Ltd.S$387,100,000Unsuccessful
15TTH Development Pte Ltd, Santarli Capital Venture Pte Ltd and Kay Lim Realty Pte Ltd, parent: Kay Lim Holdings Pte. Ltd.S$382,682,988Unsuccessful
16MCL Land (Edge) Pte. Ltd.S$382,000,000Unsuccessful
17HB Lombard Pte. Ltd.S$373,808,000Unsuccessful

Press releases, latest first

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

7 March 2018

Awarded

Punggol E13, Sumang Walk: awarded to CDL Constellation 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

CDL Constellation Pte. Ltd., parent: City Developments Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture), S$509,370,000 (S$6,275.41 psm GFA, derived: the source published the price and not the rate).

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

27 February 2018

Tender closed

Punggol E13, Sumang Walk: tender closed with 17 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.

17 bids disclosed

Highest S$509,370,000 from CDL Constellation Pte. Ltd., parent: City Developments Limited 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)

12 December 2017

Launched for tender

Punggol E13, Sumang Walk: 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
Piermont Grand[hdb-list-ec-sites-sold]
Site area
27,056.4 sqm[hdb-list-ec-sites-sold]
Maximum GFA
81,169 sqmMinimum GFA 73,052 sqm[hdb-list-ec-sites-sold]
Tender conditions
  • Housing classification: Executive Condominium
  • Permissible gross plot ratio: 3
Facts as stated on
12 December 2017

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