Pasir Ris Drive 3 / Pasir Ris Drive 8 / Pasir Ris Central
AwardedMixed commercial and residential. HDB sale site, built as Pasir Ris Mall & Pasir Ris 8.
S$699,999,999.99
S$7,367.65 psm GFA (derived: the source published the price and no rate). Awarded 22 March 2019 to Phoenix Residential Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture) & Phoenix Commercial Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture)
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Pasir Ris Drive 3 / Pasir Ris Drive 8 / Pasir Ris Central | Mixed commercial and residential | 38,003.7 m² | 95,010 m² | Phoenix Residential Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture) & Phoenix Commercial Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture) | S$699,999,999.99(S$7,367.65, derived) |
As listed at the close of 14 December 2018 (hdb-list-pasir-ris-p2-close), with the outcome the award of 22 March 2019 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Phoenix Residential Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture) & Phoenix Commercial Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture) | S$699,999,999.99 | Awarded |
| 2 | Laguna Garden Limited and Far East Commercial Trustee Pte. Ltd. | S$677,777,000 | 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.
22 March 2019
AwardedPasir Ris P2, Pasir Ris Drive 3 / Pasir Ris Drive 8 / Pasir Ris Central: awarded to Phoenix Residential Pte. Ltd. & Phoenix Commercial 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
Phoenix Residential Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture) & Phoenix Commercial Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture), S$699,999,999.99 (S$7,367.65 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)
14 December 2018
Tender closedPasir Ris P2, Pasir Ris Drive 3 / Pasir Ris Drive 8 / Pasir Ris Central: tender closed with 2 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.
2 bids disclosed
Highest S$699,999,999.99 from Phoenix Residential Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture) & Phoenix Commercial Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties Limited (70:30 joint venture)
Source: List of mixed residential and commercial sites sold (Prevo reference hdb-list-mixed-sites-sold)
27 August 2018
Launched for tenderPasir Ris P2, Pasir Ris Drive 3 / Pasir Ris Drive 8 / Pasir Ris Central: 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
- Tender method
- Concept and Price Revenue tender: concept proposals are shortlisted first, then price decides among them.
- 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.Above the bid table: The tenderer(s) whose concept proposals were not shortlisted are: 1. Elara 1 Pte Ltd and Callisto 1 Pte Ltd[hdb-list-mixed-sites-sold]
- Project
- Pasir Ris Mall & Pasir Ris 8[hdb-list-mixed-sites-sold]
- Site area
- 38,003.7 sqm[hdb-list-mixed-sites-sold]
- Maximum GFA
- 95,010 sqm[hdb-list-mixed-sites-sold]
- Tender conditions
- Permissible gross plot ratio: 2.5
- Facts as stated on
- 27 August 2018
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