Tengah Garden Walk
AwardedExecutive Condominium housing. HDB sale site, built as COPEN GRAND.
S$400,318,000
S$6,492.45 psm GFA (derived: the source published the price and no rate). Awarded 3 June 2021 to Taurus Properties SG Pte. Ltd., parent: City Developments Limited / MCL Land Limited (joint venture)
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Tengah Garden Walk | Executive Condominium housing | 22,020.8 m² | 61,659 m² | Taurus Properties SG Pte. Ltd., parent: City Developments Limited / MCL Land Limited (joint venture) | S$400,318,000(S$6,492.45, derived) |
As listed at the close of 25 May 2021 (hdb-list-tengah-e1-close), with the outcome the award of 3 June 2021 gave each.
| Rank | Tenderer | Tendered price | Outcome |
|---|---|---|---|
| 1 | Taurus Properties SG Pte. Ltd., parent: City Developments Limited / MCL Land Limited (joint venture) | S$400,318,000 | Awarded |
| 2 | CSC Land Group (Singapore) Pte. Ltd. | S$400,199,999 | Unsuccessful |
| 3 | QJ-OS Pte. Ltd., parent: Qingjian Realty (South Pacific) Group Pte. Ltd. / Qingjian Group Co., Ltd. and Santarli Realty Pte. Ltd., parent: Santarli Group | S$382,889,000 | Unsuccessful |
| 4 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd, parent: Sunway Berhad | S$379,100,000 | Unsuccessful |
| 5 | Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) | S$351,800,000 | Unsuccessful |
| 6 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited | S$339,000,000 | Unsuccessful |
| 7 | GLL B Pte. Ltd., parent: GuocoLand Limited | S$331,111,404 | 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.
3 June 2021
AwardedTengah E1, Tengah Garden Walk: awarded to Taurus Properties SG 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
Taurus Properties SG Pte. Ltd., parent: City Developments Limited / MCL Land Limited (joint venture), S$400,318,000 (S$6,492.45 psm GFA, derived: the source published the price and not the rate).
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
25 May 2021
Tender closedTengah E1, Tengah Garden Walk: tender closed with 7 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.
7 bids disclosed
Highest S$400,318,000 from Taurus Properties SG Pte. Ltd., parent: City Developments Limited / MCL Land Limited (joint venture)
Source: List of EC Sites (Prevo reference hdb-list-ec-sites-sold)
26 November 2020
Launched for tenderTengah E1, Tengah Garden 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
- Copen Grand[hdb-list-ec-sites-sold]
- Site area
- 22,020.8 sqm[hdb-list-ec-sites-sold]
- Maximum GFA
- 61,659 sqmMinimum GFA 55,493 sqm[hdb-list-ec-sites-sold]
- Tender conditions
- Housing classification: Executive Condominium
- Permissible gross plot ratio: 2.8
- Facts as stated on
- 26 November 2020
The market when bids closed
When bids closed on 25 May 2021, URA's latest quarterly figures were for 1Q2021, published 23 April 2021, 32 days earlier. The next release, 2Q2021, came on 23 July 2021. The table carries on through four releases after it.
| Private residential | 4Q2020Jan 2021 | On the day1Q2021Apr 2021 | 2Q2021Jul 2021 | 3Q2021Oct 2021 | 4Q2021Jan 2022 | 1Q2022Apr 2022 | Trend | Change1Q2021 to 1Q2022 |
|---|---|---|---|---|---|---|---|---|
| Prices | ||||||||
| Private home price index | 157.0 | 162.2 | 163.5 | 165.3 | 173.6 | 174.8 | +7.8% | |
| Non-landed, core central region | 133.6 | 134.3 | 135.8 | 135.1 | 138.7 | 138.6 | +3.2% | |
| Private rental index | 103.9 | 106.2 | 109.3 | 111.3 | 114.2 | 119.0 | +12.1% | |
| Sales | ||||||||
| New homes sold by developers | 2,603 | 3,493 | 2,966 | 3,550 | 3,018 | 1,825 | −47.8% | |
| Resales | 4,249 | 4,519 | 5,333 | 5,362 | 4,748 | 3,377 | −25.3% | |
| Sub-sales | 77 | 88 | 150 | 171 | 159 | 141 | +60.2% | |
| Units launched | 3,147 | 3,716 | 2,356 | 2,149 | 2,275 | 613 | −83.5% | |
| Supply | ||||||||
| Unsold, uncompleted, with planning approval | 24,296 | 21,602 | 19,384 | 17,140 | 14,154 | 14,087 | −34.8% | |
| Pipeline with planning approval | 49,307 | 48,139 | 47,097 | 47,715 | 46,276 | 47,415 | −1.5% | |
| Vacancy rate | 7.0% | 6.4% | 6.3% | 6.4% | 6.0% | 5.3% | −1.1 pts | |
Each figure is the quarter's own value as URA printed it in that quarter's release, not as later revised. Select a figure to see the annex and page it comes from.
Held back: URA prints the number in more than one place and the table's labels do not settle which one it is, so the archive stores it but does not show it.
Sources
- Agency listPublication date not recorded
List of EC Sites
Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedOriginal 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