Landed · Jalan Rindu

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

The land under Landed · Jalan Rindu

HDB put this parcel out to tender and names Landed · Jalan Rindu as what was built on it. Everything below is from that tender: the dates, the winning price, and the number of bids received.

  1. Tender launched28 Aug 1992
  2. Tender closed23 Oct 19924 bids received
  3. Awarded2 Feb 1993Sing-Indo Enterprise Pte Ltd
  4. Winning tenderS$5,520,012HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Sernagoon S3b Serangoon Ave 1
Site area
6,033 sq m
Lease
99 yrs
Plot ratio
0.8
Gross floor area
Not published
Sold as
Condominium

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 “Classical Terrace”. This parcel, from tender to today · Every land sale

What has been filed there since

1993 · the groundS$5,520,012HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on itS$1,346median of 19 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