Landed · Riverina View

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

The land under Landed · Riverina View

HDB put this parcel out to tender and names Landed · Riverina View 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 launched24 Nov 1995
  2. Tender closed25 Jan 19965 bids received
  3. Awarded29 Mar 1996Ho Bee Developments Pte Ltd
  4. Winning tenderS$105,118,000HDB 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 S4b Pasir Ris Drive 3
Site area
56,998 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
1Ho Bee Developments Pte LtdS$105,118,000—
2Dawnatron Pte LtdS$98,200,000S$6,918,000 · 6.6%
3SSL Properties Pte LtdS$72,328,000S$32,790,000 · 31.2%
4Allgreen Properties Ltd / Hoe Seng Company Pte Ltd / Pacific Carriers LtdS$59,850,000S$45,268,000 · 43.1%
5Hong Leong Holdings LtdS$44,888,000S$60,230,000 · 57.3%

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 29 Mar 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 “The Riverina”. This parcel, from tender to today · Every land sale

What has been filed there since

1996 · the groundS$105,118,000HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on itS$1,275median of 49 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