List of Land Sales (En-Bloc & Government Land Sales) 2022

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Dairy Farm Walk Land Parcel

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Sales Status

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Land Sales Type	Government Land Sales (GLS)
Land Sales Status	Tender closed on 8 Mar 2022
Successful Bidder / Developer	Sim Lian Group
Estimated No. of Units	About 350 to 400 residential units.
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	15663.2
Site GFA (sqm)	32,893
Reserve Price ($m)	–
Highest bid ($m)	347
Highest bid ($psf)	980
Development Charge ($m)	–
Number of bids	7
Est. Breakeven ($psf ppr)	1646
Est. Selling Price (PSF)	1880-1980

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Bukit Batok West Avenue 8 Land Parcel

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Sales Status

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Land Sales Type	Government Land Sales (GLS)
Land Sales Status	Tender closed on 8 Mar 2022
Successful Bidder / Developer	Qingjian Realty and Santarli Construction
Estimated No. of Units	About 375 residential units.
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	12,449.3
Site GFA (sqm)	37,348
Reserve Price ($m)	–
Highest bid ($m)	266
Highest bid ($psf)	662
Development Charge ($m)	–
Number of bids	9
Est. Breakeven ($psf ppr)	1134
Est. Selling Price (PSF)	1200-1300

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32 -34 Gilstead Road (Enbloc)

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Sales Status

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Land Sales Type	Enbloc
Land Sales Status	Tender closed on 7 Feb 2022
Successful Bidder / Developer	Peak Vista (Kheng Leong Co.)
Estimated No. of Units	56 Units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	Freehold
Site Area (sqm)	4,037.3
Site GFA (sqm)	5,652.2
Reserve Price ($m)	–
Highest bid ($m)	70.0
Highest bid ($psf)	1643
Number of bids	–
Est. Breakeven ($psf ppr)	1864
Est. Selling Price ($psf ppr)	2200-2300

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Gloria Mansion (Enbloc)

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Sales Status

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Land Sales Type	Enbloc
Land Sales Status	Tender closed on 19 Jan 2022
Successful Bidder / Developer	Fraxtor Capital and a group led by Daniel Teo and Teo Teck Weng
Estimated No. of Units	59 Units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	FH
Site Area (sqm)	4,037.3
Site GFA (sqm)	5,652.2
Reserve Price ($m)	–
Highest bid ($m)	70
Highest bid ($psf)	1643
Development Charge ($m)	–
Number of bids	–
Est. Breakeven ($psf ppr)	1864
Est. Selling Price (PSF)	2200-2300

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Jalan Tembusu (Land Parcel)

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Sales Status

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Land Sales Type	Government Land Sales (GLS)
Land Sales Status	Tender closed on 18 Jan 2022
Successful Bidder / Developer	City Developments Ltd
Estimated No. of Units	Est. 640 private residential units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	19560.1
Site GFA (sqm)	54,768.3
Reserve Price ($m)	–
Highest bid ($m)	768
Highest bid ($psf)	1302
Development Charge ($m)	–
Number of bids	8
Est. Breakeven ($psf ppr)	2059
Est. Selling Price (PSF)	2300-2400

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Lentor Hills Road (Parcel A)

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Sales Status

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Land Sales Type	Government Land Sales
Land Sales Status	Tender closed on 18 Jan 2022
Successful Bidder / Developer	Hong Leong Holdings, GuocoLand and TID
Estimated No. of Units	Est. 595 residential units
Project Website	Coming Soon

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Land Attributes

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Site Use	Residential
Tenure	99 Years
Site Area (sqm)	17,130.5
Site GFA (sqm)	51,391.6
Reserve Price ($m)	–
Highest bid ($m)	586.6
Highest bid ($psf)	1060.4
Development Charge ($m)	–
Number of bids	4
Est. Breakeven ($psf ppr)	1749
Est. Selling Price (PSF)	2100-2200

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Watch out for this Launch – Fully Integrated Development Pasir Ris 8

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