[ Land sales ]

Mount Vernon Road

Awarded

Residential. URA sale site, built as BARTLEY RIDGE.

[ Award ]

S$388,106,106

S$5,328.27 psm GFA, about S$495 psf ppr (derived). Awarded 16 January 2012 to Intrepid Investments Pte Ltd, parent: Hong Leong Holdings Limited, Sunmaster Holdings Pte. Ltd. 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)
Mount Vernon RoadResidential20,810.9 m²72,839 m²Intrepid Investments Pte Ltd, parent: Hong Leong Holdings Limited, Sunmaster Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$388,106,106(S$5,328.27)
[ The one tender received ]

As listed at the close of 10 January 2012 (ura-list-2011-mount-vernon-road-close), with the outcome the award of 16 January 2012 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Intrepid Investments Pte Ltd, parent: Hong Leong Holdings Limited, Sunmaster Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$388,106,106S$5,328.27S$495Awarded

Press releases, latest first

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

16 January 2012

Awarded

Mount Vernon Road: awarded to Intrepid Investments Pte Ltd, Sunmaster Holdings Pte. Ltd. and TID Residential Pte. Ltd., as URA's list of vacant sites sold dates it

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

Awarded to

Intrepid Investments Pte Ltd, parent: Hong Leong Holdings Limited, Sunmaster Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture), S$388,106,106 (S$5,328.27 psm GFA, about S$495 psf ppr).

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

10 January 2012

Tender closed

Mount Vernon Road: tender closed with 5 bids, as URA's list of vacant sites sold dates it

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

1 bid disclosed

Highest S$388,106,106 (S$5,328.27 psm GFA) from Intrepid Investments Pte Ltd, parent: Hong Leong Holdings Limited, Sunmaster Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

29 November 2011

Launched for tender

Mount Vernon Road: launched for tender, as URA's list of vacant sites sold dates it

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

Site facts

Selling authority
URA
Allowable development
Residential
Tenure
99 years
Programme list
None stated; sold by tender, as ura's list records itA URA sale tender its source places on neither the Confirmed nor the Reserve List of the Government Land Sales programme. No list is inferred.The list counts 5 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
20,810.9 sqm[ura-list-vacant-sites-sold]
Maximum GFA
72,839 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Residential (Non-Landed)
  • Planning area: Toa Payoh
Facts as stated on
29 November 2011

Sources

  1. Agency listPublication date not recorded

    URA Vacant Sites (online version)

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    28dd0ed255e0d696107b6536f72cdb2ea430144a681f78fd82d1c05f9232b373
    Size
    82,692 bytes
    Format
    application/vnd.openxmlformats-officedocument.spreadsheetml.sheet
    Retrieved at
    2026-09-19 13:27:59 UTC
    Prevo reference
    ura-list-vacant-sites-sold