Landed · Verde View

The ground under it was tendered in 1996. Both ends of that are public; nobody puts them together.

The land under Landed · Verde View

HDB put this parcel out to tender and names Landed · Verde View as what was built on it. Everything below is from that tender: the dates, the winning price, and the 4 bids that came in.

  1. Tender launched27 Sep 1996
  2. Tender closed21 Nov 19964 bids received
  3. Awarded23 Dec 1996SSL Properties Pte Ltd
  4. Winning tenderS$140,154,000HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Choa Chu Kang S5 Choa Chu Kang North 5
Site area
125,913 sq m
Lease
99 yrs
Plot ratio
—
Gross floor area
Not published
Sold as
Condominium
Every bid — all 4, as HDB published them
Ranked by amount. The gap column is each bid measured against the winning one — subtraction, not a judgement about whether anyone bid well.
#TendererBidBehind the winner
1SSL Properties Pte LtdS$140,154,000—
2Kansas Holdings Ltd / Keck Seng (S) Pte LtdS$92,000,000S$48,154,000 · 34.4%
3Hong Leong Holdings LtdS$88,988,000S$51,166,000 · 36.5%
4First Capital Corporation Ltd/Malayan Credit LtdS$82,675,000S$57,479,000 · 41.0%

What the land cost and what a unit sells for are not two ends of one sum. Between them sit construction over a multi-year build, financing, the development charge, marketing and agent commissions, GST, and the cost of holding unsold units. None of those is published for a named project, so this site does not estimate a developer’s cost or margin and no figure here should be read as one.

Source: HDB — Sites Sold by HDB · tender awarded 23 Dec 1996 · transcribed from HDB’s published tables on 2026-08-31 · prices are nominal and are not adjusted for inflation. HDB names the development on this row as “Villa Verde”. This parcel, from tender to today · Every land sale

What has been filed there since

1996 · the groundS$140,154,000HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on itS$1,287median of 92 filed transactions, 2021-09 to 2026-09

The two ends of this page are not two ends of one sum. Between the tender and the first unit sold sit construction over a multi-year build, financing, the development charge, marketing and agent commissions, GST, and the cost of holding unsold stock. None of those is published for a named project, so nothing here estimates a developer’s cost or margin and no figure on this page should be read as one. More on what the site does not publish.

The rest of it