Landed · Loyang Rise

The ground under it was tendered in 1993. Both ends of that are public; nobody puts them together.

The land under Landed · Loyang Rise

HDB put this parcel out to tender and names Landed · Loyang Rise 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 launched28 Aug 1992
  2. Tender closed23 Oct 19925 bids received
  3. Awarded2 Feb 1993First Capital Corporation Ltd
  4. Winning tenderS$73,400,000HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Pasir Ris S1 Loyang Ave
Site area
104,784 sq m
Lease
99 yrs
Plot ratio
1.2
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
1First Capital Corporation LtdS$73,400,000—
2Overseas Union Land Pte Ltd/Liang Court Holdings Ltd/Tuan Huat Development Pte LtdS$69,910,000S$3,490,000 · 4.8%
3City Development LtdS$68,200,000S$5,200,000 · 7.1%
4Li Hills Investment Pte Ltd/Pissaro Internation Pte Ltd/Hickson Pte LtdS$41,806,600S$31,593,400 · 43.0%
5Golden Development Pte LtdS$39,000,000S$34,400,000 · 46.9%

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 2 Feb 1993 · 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 “Loyang Villas”. This parcel, from tender to today · Every land sale

What has been filed there since

1993 · the groundS$73,400,000HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on itS$1,269median of 130 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