Hillview Rise

Awarded

Residential. URA sale site, built as MIDWOOD.

[ Award ]

S$460,000,000

S$11,491.38 psm GFA, about S$1,068 psf ppr (derived). Awarded 3 July 2018 to Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and Garden Estates (Pte) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd..

Location	Allowable development	Site area	Maximum permissible GFA	Successful tenderer	Tendered price (S$ psm of GFA)
Hillview Rise	Residential	14,296.1 m²	40,030 m²	Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and Garden Estates (Pte) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd.	S$460,000,000(S$11,491.38)

[ The one tender received ]

As listed at the close of 3 May 2018 (ura-list-2017-hillview-rise-close), with the outcome the award of 3 July 2018 gave each.

Rank	Tenderer	Tendered price	S$ psm GFA	S$ psf ppr (derived)	Outcome
1	Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and Garden Estates (Pte) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd.	S$460,000,000	S$11,491.38	S$1,068	Awarded

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 July 2018

Awarded

Hillview Rise: awarded to Intrepid Investments Pte. Ltd. and Garden Estates (Pte) Limited, 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 and Garden Estates (Pte) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd., S$460,000,000 (S$11,491.38 psm GFA, about S$1,068 psf ppr).

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

3 May 2018

Tender closed

Hillview Rise: tender closed with 9 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$460,000,000 (S$11,491.38 psm GFA) from Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and Garden Estates (Pte) Limited, parent: Hong Realty (Private) Limited / Hong Leong Investment Holdings Pte. Ltd..

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

28 December 2017

Launched for tender

Hillview Rise: 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 9 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area: 14,296.1 sqm[ura-list-vacant-sites-sold]
Maximum GFA: 40,030 sqm[ura-list-vacant-sites-sold]
Tender conditions: Development type (list code): Residential (Non-Landed)
Planning area: Bukit Batok
Facts as stated on: 28 December 2017

Sources

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