Landed · Mas Kuning Terrace

The ground under it was tendered in 1997. Both ends of that are public; nobody puts them together.

The land under Landed · Mas Kuning Terrace

HDB put this parcel out to tender and names Landed · Mas Kuning Terrace as what was built on it. Everything below is from that tender: the dates, the winning price, and the 9 bids that came in.

  1. Tender launched29 Nov 1996
  2. Tender closed16 Jan 19979 bids received
  3. Awarded17 Feb 1997Chuan Hup Realty Pte Ltd & Heng Holdings S.E.A. (Pte) Ltd
  4. Winning tenderS$16,050,000HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Clementi S8 West Coast Road
Site area
12,461 sq m
Lease
99 yrs
Plot ratio
—
Gross floor area
Not published
Sold as
Condominium
Every bid — all 9, 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
1Chuan Hup Realty Pte Ltd & Heng Holdings S.E.A (Pte) LtdS$16,050,000—
2LKN Development Pte LtdS$14,210,000S$1,840,000 · 11.5%
3Peak Properties Pte LtdS$14,100,000S$1,950,000 · 12.1%
4Econ International Limited & Amara Holdings Pte LtdS$13,800,000S$2,250,000 · 14.0%
5Asia Industrial Development (Pte) LtdS$10,789,308S$5,260,692 · 32.8%
6Tacwealth Investments Pte LtdS$10,018,000S$6,032,000 · 37.6%
7Chuan Bee Realty Pte LtdS$9,600,008S$6,449,992 · 40.2%
8Eltech Electronics LimitedS$9,117,304S$6,932,696 · 43.2%
9Goodland Private LimitedS$8,800,000S$7,250,000 · 45.2%

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 17 Feb 1997 · 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 “The Clementvale”. This parcel, from tender to today · Every land sale

What has been filed there since

1997 · the groundS$16,050,000HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on itS$1,357median of 5 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