Landed · Westwood Drive

The ground under it was tendered in 1994. Both ends of that are public; nobody puts them together.

The land under Landed · Westwood Drive

HDB put this parcel out to tender and names Landed · Westwood Drive as what was built on it. Everything below is from that tender: the dates, the winning price, and the 6 bids that came in.

  1. Tender launched25 Feb 1994
  2. Tender closed28 Apr 19946 bids received
  3. Awarded12 Sep 1994United Overseas Land Ltd
  4. Winning tenderS$101,928,000HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Jurong West S2a Jurong West Ave 5
Site area
45,100 sq m
Lease
99 yrs
Plot ratio
—
Gross floor area
Not published
Sold as
Condominium
Every bid — all 6, 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
1United Overseas Land LtdS$101,928,000—
2First Capital Corporation LtdS$100,003,000S$1,925,000 · 1.9%
3Tuan Sing Holdings LtdS$80,180,000S$21,748,000 · 21.3%
4LKN Development Pte LtdS$78,165,000S$23,763,000 · 23.3%
5Hong Leong Holdings LtdS$55,000,000S$46,928,000 · 46.0%
6Orchard Parade Land Pte LtdS$44,600,000S$57,328,000 · 56.2%

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 12 Sep 1994 · 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 “Westwood Park”. This parcel, from tender to today · Every land sale

What has been filed there since

1994 · the groundS$101,928,000HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on itS$1,222median of 25 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