Landed · Corporation Walk

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

The land under Landed · Corporation Walk

HDB put this parcel out to tender and names Landed · Corporation Walk 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 launched26 Jan 1996
  2. Tender closed28 Mar 19965 bids received
  3. Awarded13 May 1996The Dynasty Corporation (S) Pte Ltd/SEADC Investment Pte Ltd/Refine Technology Pte Ltd/GEMT Trading Pte Ltd
  4. Winning tenderS$43,000,000HDB 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 S3a Corporation Road
Site area
21,219 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
1The Dynasty Corporation (S) Pte Ltd / SEADC Investment Pte Ltd / Refine Technology Pte Ltd / GEMT Trading Pte LtdS$43,000,000—
2Pan Malayan Holdings LtdS$36,200,000S$6,800,000 · 15.8%
3Jurong Point Resources Pte LtdS$35,300,888S$7,699,112 · 17.9%
4May Flower Properties Pte LtdS$32,001,000S$10,999,000 · 25.6%
5SSL Properties Pte LtdS$29,006,236S$13,993,764 · 32.5%

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 13 May 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 “Lakeside Grove”. This parcel, from tender to today · Every land sale

What has been filed there since

1996 · the groundS$43,000,000HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on itS$1,418median of 34 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