Landed · Poh Huat Terrace

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

The land under Landed · Poh Huat Terrace

HDB put this parcel out to tender and names Landed · Poh Huat Terrace as what was built on it. Everything below is from that tender: the dates, the winning price, and the 5 bids that came in.

  1. Tender launched31 May 1996
  2. Tender closed25 Jul 19965 bids received
  3. Awarded6 Sep 1996Yeo Hiap Seng Ltd
  4. Winning tenderS$18,098,000HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Hougang S5b Poh Huat Road West
Site area
10,344 sq m
Lease
99 yrs
Plot ratio
—
Gross floor area
Not published
Sold as
Condominium
Every bid — all 5, 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
1Yeo Hiap Seng LtdS$18,098,000—
2SSL Properties Pte LtdS$16,503,600S$1,594,400 · 8.8%
3Guthrie GTS LtdS$12,888,000S$5,210,000 · 28.8%
4Tacwealth Investments Pte LtdS$10,013,186S$8,084,814 · 44.7%
5Swee Hin Enterprise Gunny Bag (Pte) LtdS$8,629,980S$9,468,020 · 52.3%

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 6 Sep 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 “Princeton Vale”. This parcel, from tender to today · Every land sale

What has been filed there since

1996 · the groundS$18,098,000HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on itS$1,390median of 8 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