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Executive Condo (EC) GLS land tenders — every bid, in $psf ppr

What developers actually bid for land is the clearest forward read on where new homes will price. Here is every EC Government Land Sales tender we could source from 2019 to 2026 — winning and losing bids in $ per square foot per plot ratio (psf ppr), the standardised land-cost metric — with the region and the full bid table for each. See the private-residential version here.

TL;DR

Best for: Anyone deducing where a new EC might price: land + build + margin sets the floor.
15
tenders 2019–2026
$692
median winning $psf ppr
7
median bids / tender
+30%
land re-rating vs 2019–20

Every bid over time

Each coloured dot is a winning land bid; faint grey dots are losing bids in the same tender. Hover a dot for the site. The climb is the land re-rating that ultimately shows up in launch prices — ECs included, which have risen especially fast off a low base.

Winning EC bidLosing bid
$500$600$700$80020192020202120222023202420252026Tampines Avenue 10 — 2019-01 — $578 psf ppr (7 bids)Canberra Link — 2019-07 — $566 psf ppr (8 bids)Yishun Avenue 9 — 2020-10 — $576 psf ppr (7 bids)Tengah Garden Walk — 2021-05 — $603 psf ppr (7 bids)Tampines Street 62 (Parcel A) — 2021-07 — $659 psf ppr (7 bids)Bukit Batok West Avenue 8 — 2022-03 — $662 psf ppr (9 bids)Bukit Batok West Avenue 5 — 2022-09 — $626 psf ppr (4 bids)Plantation Close — 2023-06 — $703 psf ppr (9 bids)Tampines Street 62 (Parcel B) — 2023-07 — $721 psf ppr (7 bids)Jalan Loyang Besar — 2024-08 — $729 psf ppr (4 bids)Tampines Street 95 — 2024-10 — $768 psf ppr (5 bids)Woodlands Drive 17 (1st site) — 2025-08 — $782 psf ppr (5 bids)Sembawang Road — 2025-09 — $692 psf ppr (4 bids)Woodlands Drive 17 (2nd site) — 2026-01 — $794 psf ppr (3 bids)Miltonia Close — 2026-04 — $732 psf ppr (3 bids)

The land re-rating

Median winning $psf ppr by year of tender close.

$572.02019$5762020$631.02021$644.02022$712.02023$748.52024$737.02025$763.02026

How competitive were the tenders?

Median number of bids per tender by year — a gauge of developer appetite (thin years flag caution; crowded years, conviction).

7.520197.020207.020216.520228.020234.520244.520253.02026

Across tenders with a full bid table, the top bid beats the second-highest by a median ~2%.

Every tender — open for the full bid table

Newest first. Click any row to expand every bidder and their $psf ppr, with the source.

2026-04Miltonia Close · OCR$7323 bids
Bidder$psf pprPrice
Hoi Hup Realty Pte Ltd$732S$341m
Hong Leong Holdings Limited and TID Residential Pte. Ltd.$670S$312m
+ 1 more bid(s) not individually reported
Source ›
2026-01Woodlands Drive 17 (2nd site) · OCR$7943 bids
Bidder$psf pprPrice
Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd$794S$484m
+ 2 more bid(s) not individually reported
Source ›
2025-09Sembawang Road · OCR$6924 bids
Bidder$psf pprPrice
Oriental Pacific Development Pte. Ltd.$692S$198m
TID Residential Pte. Ltd. (Hong Leong Group / Mitsui Fudosan JV)$665S$190m
+ 2 more bid(s) not individually reported
Source ›
2025-08Woodlands Drive 17 (1st site) · OCR$7825 bids
Bidder$psf pprPrice
CDL Divine Pte. Ltd.$782S$361m
Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd$781S$360m
+ 3 more bid(s) not individually reported
Source ›
2024-10Tampines Street 95 · OCR · now Rivelle$7685 bids
Bidder$psf pprPrice
Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd$768S$465m
Santarli Realty Pte. Ltd., Apex Asia Real Estate Holding Pte. Ltd., Kay Lim Holdings Pte Ltd and Heeton Holdings Limited$756S$458m
Sing Holdings Residential Pte. Ltd.$726S$440m
CSC Land Group (Singapore) Pte. Ltd.$725S$439m
Hong Leong Holdings Limited and TID Residential Pte. Ltd.$703S$426m
Source ›
2024-08Jalan Loyang Besar · OCR · now Coastal Cabana$7294 bids
Bidder$psf pprPrice
Qingjian Realty (Residential) Pte. Ltd., China Communications Construction Company (Pacific) Pte Ltd and ZACD Investments Pte Ltd$729S$557m
+ 3 more bid(s) not individually reported
Source ›
2023-07Tampines Street 62 (Parcel B) · OCR · now Aurelle of Tampines$7217 bids
Bidder$psf pprPrice
Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd$721S$543m
+ 6 more bid(s) not individually reported
Source ›
2023-06Plantation Close · OCR · now Otto Place$7039 bids
Bidder$psf pprPrice
Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd.$703S$348m
+ 8 more bid(s) not individually reported
Source ›
2022-09Bukit Batok West Avenue 5 · OCR · now Novo Place$6264 bids
Bidder$psf pprPrice
CDL Zenith Pte. Ltd.$626S$336m
Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd$625
+ 2 more bid(s) not individually reported
Source ›
2022-03Bukit Batok West Avenue 8 · OCR · now Altura$6629 bids
Bidder$psf pprPrice
Qingjian Realty (Residential) Pte. Ltd. and Santarli Construction Pte Ltd$662S$266m
Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.$632
+ 7 more bid(s) not individually reported
Source ›
2021-07Tampines Street 62 (Parcel A) · OCR · now Tenet$6597 bids
Bidder$psf pprPrice
Qingjian Realty (Residential) Pte. Ltd., Santarli Construction Pte Ltd and Heeton Homes Pte Ltd$659S$422m
+ 6 more bid(s) not individually reported
Source ›
2021-05Tengah Garden Walk · OCR · now Copen Grand$6037 bids
Bidder$psf pprPrice
Taurus Properties Pte. Ltd. (CDL-MCL Land JV)$603S$400m
+ 6 more bid(s) not individually reported
Source ›
2020-10Yishun Avenue 9 · OCR · now North Gaia$5767 bids
Bidder$psf pprPrice
Sing Holdings Limited$576S$374m
+ 6 more bid(s) not individually reported
Source ›
2019-07Canberra Link · OCR · now Provence Residence$5668 bids
Bidder$psf pprPrice
MCC Land (Singapore) Pte Ltd$566S$234m
+ 7 more bid(s) not individually reported
Source ›
2019-01Tampines Avenue 10 · OCR · now Parc Central Residences$5787 bids
Bidder$psf pprPrice
Hoi Hup Realty Pte Ltd and Sunway Developments Pte Ltd$578S$434m
MCC Land (Singapore) Pte. Ltd.$574S$432m
+ 5 more bid(s) not individually reported
Source ›
How is this worked out? — sources, metric, coverage
Metric
$psf ppr = total land bid ÷ (site area × plot ratio) — the standard land-cost yardstick, comparable across sites of different size and density.
Sources
URA tender-closing media releases (full bid tabulations) and, for EC, HDB tender results, cross-checked with property media. Each tender links its source.
Coverage
Tenders closing 2019–2026 that we could source; some EC and a few private tenders report only the top bid(s), so their losing bids are omitted (noted in-row). Not every historical tender is included.
For educational purposes only — not financial advice. Figures compiled from public records and may contain errors; verify against the URA source before relying on them.
Use this with: the new-launch pipeline (each project page turns the land price into an indicative launch band) · the GLS & supply tracker.
Government Land Sales tender results and market-segment classifications from the Urban Redevelopment Authority (URA) tender-closing media releases and, for EC sites, HDB tender results, compiled with reputable property-media reporting; land values in $ per square foot per plot ratio. Made available under the Singapore Open Data Licence v1.0 where applicable. HomeVestor is not endorsed by any government agency.