Tampines Street 94 attracts six bids

The top bid was from Hoi Hup Realty and Sunway Developments.

Tampines Street 94 received six bids at the close of its tender on 19 September.

The Housing and Development Board (HDB) launched the site for tender on 27 June.

HDB announced that the highest bid for the mixed-use site was from the consortium of Hoi Hup Realty and Sunway Developments, with a tender price of $668.28 million. 

Other bids were received from Sing Holdings Residential ($655.6m); the consortium of Sim Lian Land and Sim Lian Development ($560m); the consortium of GuocoLand, Intrepid, and Garden Estates ($550.44m); the consortium of SoilBuild Group and UED Bravo ($542.9m); and the consortium of SNC3 Realty, Apex Asia Alpha Investment Two, BHCC Development (Projects), Heeton Homes, and Soon Li Heng Civil Engineering ($541.9m).

HDB stated that it would announce the tender award after evaluating all bids received.