{"id":105361,"date":"2019-03-25T11:36:48","date_gmt":"2019-03-25T04:36:48","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-awards-tender-for-pasir-ris-site\/"},"modified":"2019-03-25T12:05:17","modified_gmt":"2019-03-25T05:05:17","slug":"hdb-awards-tender-for-pasir-ris-site","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-awards-tender-for-pasir-ris-site\/","title":{"rendered":"HDB awards tender for Pasir Ris site"},"content":{"rendered":"


\nThe proposed development will comprise a commercial and residential project that is integrated with a bus interchange, town plaza and polyclinic.
\nThe Housing and Development Board (HDB) has awarded the tender for a white site at Pasir Ris Central to Phoenix Residential and Phoenix Commercial, after the consortium submitted the highest bid of almost $700 million.
\nThe other shortlisted tenderer \u2013 Laguna Garden Limited and Far East Commercial Trustee \u2013 offered $677.78 million for the site.
\nLaunched for sale on 27 August, the 38,003.7 sq m site has a maximum gross floor area of 95,010 sq m and a gross plot ratio of 2.5.
\nThe proposed development for the 99-year leasehold site next to Pasir Ris MRT station will comprise a commercial and residential project that is integrated with a bus interchange, town plaza and polyclinic \u2013 offering residents \u201cseamless connection to public transport services and amenities\u201d, said HDB in a release on Friday (22 Mar).
\nThe concept and price revenue tender system was adopted to enable HDB to \u201cshortlist quality development concepts with seamless integration of amenities and well-designed public spaces\u201d.
\nWith this, concept proposals that substantially satisfied the evaluation criteria were shortlisted at the first stage of the tender process.
\n\u201cAt the second stage, only the price envelopes submitted by the tenderers of the shortlisted concept proposals were opened for consideration. The site would then be awarded to the tenderer with the highest bid among the tenderers with shortlisted concept proposals.\u201d
\nThe site received three concept proposals from three tenderers during the close of its tender on 14 December.
\nUpon evaluation, the Concept Evaluation Committee concluded that two of the concept proposals submitted \u201csubstantially satisfied the evaluation criteria and could proceed to the second stage of tender evaluation\u201d.
\nThey were the ones submitted by Phoenix Residential and Phoenix Commercial and Laguna Garden Limited and Far East Commercial Trustee.
\nThe price envelopes were then opened and the site was awarded to Phoenix Residential and Phoenix Commercial, which submitted the highest bid.
\nHome buyers looking for\u00a0Singapore Properties\u00a0may like to visit our\u00a0Listings,\u00a0Project Reviews\u00a0and\u00a0Guides.
\n\u00a0
\nRomesh Navaratnarajah, Senior Editor at PropertyGuru, edited this story. To contact him about this or other stories, email\u00a0romesh@propertyguru.com.sg
\n
\nSource : proppertyguru.com.sg\/Property Market
\nRead more…HDB awards tender for Pasir Ris site<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The proposed development will comprise a commercial and residential project that is integrated with a...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-105361","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-rpn","jetpack-related-posts":[{"id":96782,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hdb-launches-first-mixed-use-site-in-pasir-ris-town-centre\/","url_meta":{"origin":105361,"position":0},"title":"HDB launches first mixed-use site in Pasir Ris town centre","date":"August 28, 2018","format":false,"excerpt":"\r The Housing and Development Board (HDB) released for sale on Monday (27 August) a \u2018white site\u2019 measuring 409,068.42 sq ft in Pasir Ris Drive\/Pasir Ris Central that can potentially yield about 600 private homes, reported the Straits Times. Located next to the Pasir Ris MRT station, the residential and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/weak-response-for-pasir-ris-central-white-site\/","url_meta":{"origin":105361,"position":1},"title":"Weak response for Pasir Ris Central white site","date":"December 17, 2018","format":false,"excerpt":"\r Location map of the land parcel at Pasir Ris Central. Source: HDB The tender for a white site at Pasir Ris Central closed last Friday (14 Dec), with three bids received. The bidders were Laguna Garden Limited and Far East Commercial Trustee Pte. Ltd.; Phoenix Residential Pte. Ltd. &\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53443,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/pasir-ris-to-get-2000-new-hdb-flats\/","url_meta":{"origin":105361,"position":2},"title":"Pasir Ris to get 2,000 new HDB flats","date":"May 2, 2017","format":false,"excerpt":"\r Pasir Ris Town Centre will be transformed into a vibrant hub with an integrated bus interchange, a new Heritage Garden and partly-sheltered Town Plaza. Under the Remaking Our Heartland (ROH) programme, residents of Pasir Ris can look forward to about 2,000 new HDB flats and a new mixed-use project\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-makeover-plans-for-pasir-ris-toa-payoh-and-woodlands\/","url_meta":{"origin":105361,"position":3},"title":"Big makeover plans for Pasir Ris, Toa Payoh and Woodlands","date":"April 3, 2017","format":false,"excerpt":"\r More recreational spaces will be introduced along the Woodlands waterfront. (Photo: HDB) The Housing and Development Board (HDB) has finalised plans to revitalise Pasir Ris, Toa Payoh and Woodlands. It is now set to showcase its proposals to the residents of the three towns later this month to gather\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":120539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/allgreen-kerry-joint-ventures-secure-861-75mil-green-loan-for-pasir-ris-8\/","url_meta":{"origin":105361,"position":4},"title":"Allgreen-Kerry joint ventures secure $861.75mil green loan for Pasir Ris 8","date":"July 8, 2021","format":false,"excerpt":"\r Allgreen-Kerry joint ventures secure $861.75mil green loan for Pasir Ris 8Artist\u2019s impression of Pasir Ris 8.\u00a0Photo: Allgreen Properties Ltd. Two of Allgreen Properties and Kerry Properties\u2019 70:30 joint ventures (JVs) \u2013 Phoenix Residential and Phoenix Commercial \u2013 have obtained an $861.75 million green loan from Maybank, OCBC Bank and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/07\/pasir-ris-8-artist-impression.jpeg?fit=820%2C405&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":120584,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jalan-anak-bukit-site-attracts-five-bids\/","url_meta":{"origin":105361,"position":5},"title":"Jalan Anak Bukit site attracts five bids","date":"June 30, 2021","format":false,"excerpt":"\r Jalan Anak Bukit site attracts five bidsThe five bids were from Far East Organization and Sino Group (three separate bids); Allgreen Properties (one bid); and a joint venture between Wing Tai Holdings and Perpetual (Asia) (one bid). The tender for a commercial and residential site at Jalan Anak Bukit\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2021\/06\/jalan-anak-bukit-gls-2020-crop.png?fit=820%2C410&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105361"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=105361"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/105361\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=105361"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=105361"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=105361"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}