[ Land sales ]

Fernvale Road

Awarded

Residential. URA sale site, built as High Park Residences.

[ Award ]

S$252,122,000

S$4,826.04 psm GFA, about S$448 psf ppr (derived). Awarded 8 August 2014 to CEL Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd and Unique Residence Pte. Ltd.

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Fernvale RoadResidential17,413.9 m²52,242 m²CEL Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd and Unique Residence Pte. Ltd.S$252,122,000(S$4,826.04)
[ The one tender received ]

As listed at the close of 7 August 2014 (ura-list-2014-fernvale-road-17414-close), with the outcome the award of 8 August 2014 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1CEL Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd and Unique Residence Pte. Ltd.S$252,122,000S$4,826.04S$448Awarded

Press releases, latest first

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

8 August 2014

Awarded

Fernvale Road: awarded to CEL Development Pte. Ltd. and Unique Residence 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

CEL Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd and Unique Residence Pte. Ltd., S$252,122,000 (S$4,826.04 psm GFA, about S$448 psf ppr).

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

7 August 2014

Tender closed

Fernvale Road: tender closed with 3 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$252,122,000 (S$4,826.04 psm GFA) from CEL Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd and Unique Residence Pte. Ltd.

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

26 June 2014

Launched for tender

Fernvale 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 3 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
17,413.9 sqm[ura-list-vacant-sites-sold]
Maximum GFA
52,242 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Residential (Non-Landed)
  • Planning area: Sengkang
Facts as stated on
26 June 2014

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