ANG MO KIO AVE 1 GLS
REGISTER INTERESTDISTRICT
D20 – BISHAN, ANG MO KIO
UNITS
Est 370
PROPERTY TYPE
RESIDENTIAL CONDO
TENURE
99 YEARS LEASEHOLD
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Drone View
Register Your Interest for Ang Mo Kio Ave 1 Launch
The Ang Mo Kio Ave 1 GLS Land Plot was hotly contested and sold on 2 June 2021, attracting as many as 15 developer bids.
The plot is located within an established residential estate. With the upcoming Mayflower MRT Station located nearby, future residents will enjoy easy access via public transport to the city centre and various parts of Singapore.
An estimated timeline for the launch of this land plot is as follows:
Register Interest!
Land Parcel Bid For Ang Mo Kio Ave 1 GLS
Urban Redevelopment Authority (URA) launched the 99-year leasehold site for tender on 26th November 2020. The tender was closed on 25th May 2021, six months later. The residential non-landed plot was awarded to United Venture Development (2021), a 60:20:20 joint venture between UOL Group, Singapore Land Group, and Kheng Leong Company. The group submitted a winning bid of $381.4m amongst stiff competition from another 14 tenderers.
Details of the awarded land parcel and the successful tenderer:
LOCATION: Ang Mo Kio Ave 1
ALLOWABLE DEVELOPMENT: Residential (non-landed)
SITE AREA: 12,679.4 m²
MAXIMUM PERMISSIBLE GFA: 31,699 m²
DATE OF LAUNCH: 26 NOVEMBER 2020
DATE TENDER CLOSED: 25 MAY 2021
LEASE PERIOD: 99 Years
SUCCESSFUL TENDER: United Venture Development (2021) Pte. Ltd
TENDERED PRICE ($psm of GFA): $ $381,381,000 ($12,031.33)
| RANKING | NAME OF TENDERER | TENDERED SALE PRICE ($) | TENDERED SALE PRICE IN $PSM OF GFA |
|---|---|---|---|
| 1 | United Venture Development (2021) Pte. Ltd. | 381,381,000.00 | 12,031.33 |
| 2 | Titus Residential SG Pte. Ltd. | 358,888,000.00 | 11,321.75 |
| 3 | Far East Civil Engineering (Pte.) Limited, Fortune Harmony Limited and Sekisui House, Ltd. | 353,333,333.00 | 11,146.51 |
| 4 | Hoi Hup Realty Pte Ltd, Sunway Developments Pte Ltd and Oriental Worldwide Investments Inc | 335,900,000.00 | 10,596.55 |
| 5 | GLL C Pte. Ltd. | 334,802,225.00 | 10,561.92 |
| 6 | CEL Development Pte. Ltd., Sing-Haiyi Treasure Pte. Ltd. and Chuan Investments Pte. Ltd. | 331,888,888.00 | 10,470.01 |
| 7 | Winrich Investment Pte. Ltd. | 328,688,888.00 | 10,369.06 |
| 8 | Siong Feng Development Pte Ltd and Ultra Infinity Pte Ltd | 325,888,889.00 | 10,280.73 |
| 9 | Grand Cullinan Pte. Ltd. | 325,188,188.00 | 10,258.63 |
| 10 | EL Development Pte Ltd | 315,800,000.00 | 9,962.46 |
| 11 | Intrepid Investments Pte. Ltd., Garden Estates (Pte.) Limited and TID Residential Pte. Ltd. | 314,500,000.00 | 9,921.45 |
| 12 | Sing Holdings Residential Pte. Ltd. and Cedar Investments Pte. Ltd. | 307,500,000.00 | 9,700.62 |
| 13 | Sim Lian Land Pte Ltd | 305,100,000.00 | 9,624.91 |
| 14 | SL Capital (7) Pte. Ltd. | 303,999,000.00 | 9,590.18 |
| 15 | Japura Development Pte Ltd | 248,535,000.00 | 7,840.47 |
Ang Mo Kio Ave 1 GLS Land Plot
Aerial View of the Ang Mo Kio Ave 1 GLS Site
About Ang Mo Kio Ave 1 GLS Land Plot
Location: Ang Mo Kio Avenue 1
Site Area: 12,679.4 m2
Lease Period: 99 years
Allowable Development: Residential
Maximum Gross Floor Area: 31,699 m2
Maximum Building Height (1):
Low-rise zone : Maximum 4-storey
High-rise zone : 103 m SHD
Project Completion Period : (2) 60 months
(1) Building height is based on Singapore Height Datum (SHD).
(2) Computed from the date of acceptance of the tender by the Authority up to date of issue of Temporary Occupation Permit for the whole of the proposed development.