Landed · Chuan Close
The ground under it was tendered in 1996. Both ends of that are public; nobody puts them together.
The land under Landed · Chuan Close
HDB put this parcel out to tender and names Landed · Chuan Close as what was built on it. Everything below is from that tender: the dates, the winning price, and the 7 bids that came in.
- Tender launched31 May 1996
- Tender closed25 Jul 19967 bids received
- Awarded6 Sep 1996Yeo Hiap Seng Ltd
- Winning tenderS$19,188,000HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
- Parcel
- Serangoon S5 Lorong Chuan
- Site area
- 8,906 sq m
- Lease
- 99 yrs
- Plot ratio
- —
- Gross floor area
- Not published
- Sold as
- Condominium
Every bid — all 7, as HDB published them
| # | Tenderer | Bid | Behind the winner |
|---|---|---|---|
| 1 | Yeo Hiap Seng Ltd | S$19,188,000 | — |
| 2 | SSL Properties Pte Ltd | S$15,075,200 | S$4,112,800 · 21.4% |
| 3 | Allgreen Properties Ltd / Hoe Seng Company (Pte) Ltd | S$12,398,000 | S$6,790,000 · 35.4% |
| 4 | Sim Lian Holdings Ltd | S$11,080,000 | S$8,108,000 · 42.3% |
| 5 | First Capital Corporation Ltd | S$10,200,000 | S$8,988,000 · 46.8% |
| 6 | Chuan Bee Realty Pte Ltd | S$8,193,060 | S$10,994,940 · 57.3% |
| 7 | Swee Hin Enterprise Gunny Bag (Pte) Ltd | S$6,472,490 | S$12,715,510 · 66.3% |
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 “Chuan Villas”. This parcel, from tender to today · Every land sale
What has been filed there since
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.