[ Land sales ]

Serangoon North Avenue 1

Awarded

Residential. URA sale site, built as THE GARDEN RESIDENCES.

[ Award ]

S$446,280,000

S$10,385.13 psm GFA, about S$965 psf ppr (derived). Awarded 2 August 2017 to Corson Pte. Ltd. and Wingjoy Investment Pte. Ltd., parent: Wing Tai Holdings Limited

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Serangoon North Avenue 1Residential17,189.1 m²42,973 m²Corson Pte. Ltd. and Wingjoy Investment Pte. Ltd., parent: Wing Tai Holdings LimitedS$446,280,000(S$10,385.13)
[ The one tender received ]

As listed at the close of 27 July 2017 (ura-list-2017-serangoon-north-avenue-1-close), with the outcome the award of 2 August 2017 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Corson Pte. Ltd. and Wingjoy Investment Pte. Ltd., parent: Wing Tai Holdings LimitedS$446,280,000S$10,385.13S$965Awarded

Press releases, latest first

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

2 August 2017

Awarded

Serangoon North Avenue 1: awarded to Corson Pte. Ltd. and Wingjoy Investment 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

Corson Pte. Ltd. and Wingjoy Investment Pte. Ltd., parent: Wing Tai Holdings Limited, S$446,280,000 (S$10,385.13 psm GFA, about S$965 psf ppr).

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

27 July 2017

Tender closed

Serangoon North Avenue 1: tender closed with 16 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$446,280,000 (S$10,385.13 psm GFA) from Corson Pte. Ltd. and Wingjoy Investment Pte. Ltd., parent: Wing Tai Holdings Limited

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

30 May 2017

Launched for tender

Serangoon North Avenue 1: 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 16 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
17,189.1 sqm[ura-list-vacant-sites-sold]
Maximum GFA
42,973 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Residential (Non-Landed)
  • Planning area: Serangoon
Facts as stated on
30 May 2017

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