Housing Development Board

Plantation Close site attracts 4 bids

The top bid was $423m from Hoi Hup Realty and Sunway Developments.

HDB closed the tender for the land parcel at Plantation Close on 1 February 2024 with four bids.

HDB launched the site for tender on 30 November 2023.

The bidders include Hoi Hup Realty and Sunway Developments ($423m); Forsea Residence and CNQC Realty ($417m); Intrepid Investments and TID Residential ($399m); and CDL Polaris Properties ($384m).

HDB will announce the award for the tender in due course after the evaluation of the bids.

The 99-year leasehold property has a total site area of 20,038.2 sq m, with a maximum GFA of 56,107 sq m and a maximum building height of 70-80 Singapore Height Datum (SHD).

The site is slated to be developed into an executive condominium (EC) with 560 units.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!