This site was originally on the Reserve List. On 3 December 04, SLA announced that it had received an application from a developer for the site to be put up for public tender. The developer has committed to bid at least $85,000,000 for the land parcel in the public tender.

The site at Sengkang Central/ Buangkok Drive has a gross plot ratio of 3.0 and a land area of 21,985.3 sq m, of which the successful tenderer can potentially build up to 65,955.9 sq m of residential floor area.

The 99-year leasehold site is marketed as "Sengkang Central: The Heart of Idyllic Living". It is close to amenities such as Compass Point, Rivervale Mall, Rivervale Plaza and Hougang Green Shopping Mall. It is only minutes away from the TPE, CTE and PIE as well as the MRT and LRT stations. Familiar schools like Nan Chiau Primary and High School, CHIJ St Joseph's Convent School and Montfort Junior and Secondary School and recreational facilities are also conveniently located nearby. Attached you can find a fact sheet containing the site details at Annex A and a location map at Annex B.

Tender details

The tender period is 4 weeks and will close on 12 January 2005 at 12 noon. Selection of the successful tenderer will be based on the tendered land price only. Any tender below the accepted minimum bid price of $85,000,000 will not be considered. The tenderer shall deposit the duly completed and signed Form of Tender under sealed cover in the submission envelope into the tender box at Singapore Land Authority's Tender Closing Room, 22nd Storey of Temasek Tower, 8 Shenton Way Singapore 068811.

Developers' Packets are available at S$100 each (inclusive of GST). They can be purchased from CKS Property Consultants Pte Ltd at 250 North Bridge Road #09-02 Raffles City Tower Singapore 179101.

Issued by:
Singapore Land Authority
14 December 2004