The Trumps

The ground under it was tendered in 2000. Both ends of that are public; nobody puts them together.

The land under The Trumps

HDB put this parcel out to tender and names The Trumps as what was built on it. Everything below is from that tender: the dates, the winning price, and the 12 bids that came in.

  1. Tender launched25 Feb 2000
  2. Tender closed13 Apr 200012 bids received
  3. Awarded17 May 2000Bonvests Holdings Ltd
  4. Winning tenderS$75,346,938HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Bedok S10 Jalan Kembangan / Sim Avenue East
Site area
7,317 sq m
Lease
99 yrs
Plot ratio
3
Gross floor area
Not published
Sold as
Condominium
Every bid — all 12, as HDB published them
Ranked by amount. The gap column is each bid measured against the winning one — subtraction, not a judgement about whether anyone bid well.
#TendererBidBehind the winner
1Bonvests Holdings LtdS$75,346,938—
2Wingrand Investment Pte LtdS$74,688,000S$658,938 · 0.9%
3Ho Bee Developments Pte LtdS$71,119,000S$4,227,938 · 5.6%
4NTUC Choice Homes Co-Operative Ltd & Chip Eng Leong Enterprise Pte LtdS$70,000,888S$5,346,050 · 7.1%
5UIC Development Pte LtdS$69,700,830S$5,646,108 · 7.5%
6Marina Green Ltd & Success Development Pte LtdS$68,880,000S$6,466,938 · 8.6%
7Centrepoint Properties LtdS$68,500,000S$6,846,938 · 9.1%
8Allgreen Properties Ltd & Hoe Seng Company (Pte) LtdS$68,188,000S$7,158,938 · 9.5%
9Sino Holdings (S) Pte LtdS$66,380,000S$8,966,938 · 11.9%
10Rivaldo Investments Pte LtdS$66,160,000S$9,186,938 · 12.2%
11Keppel Land Properties Pte LtdS$60,408,000S$14,938,938 · 19.8%
12Koh Brothers Development Pte LtdS$53,300,000S$22,046,938 · 29.3%

What the land cost and what a unit sells for are not two ends of one sum. Between them sit construction over a multi-year build, financing, the development charge, marketing and agent commissions, GST, and the cost of holding unsold units. None of those is published for a named project, so this site does not estimate a developer’s cost or margin and no figure here should be read as one.

Source: HDB — Sites Sold by HDB · tender awarded 17 May 2000 · transcribed from HDB’s published tables on 2026-08-31 · prices are nominal and are not adjusted for inflation. HDB names the development on this row as “The Trumps”. This parcel, from tender to today · Every land sale

What has been filed there since

2000 · the groundS$75,346,938HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on it$1,523median of 46 filed transactions, 2021-09 to 2026-09

Year by year, for a median-sized unit

100–110 sqm band. Counts in brackets; a year with fewer than 3 filed sales is kept and marked rather than dropped, because a reader can discount a thin year and cannot discount one that was silently removed.
YearMedian psfAgainst the year before
2023$1,340 (1)—
2024$1,082 (1)-19.3%
2025$1,461 (1)+35.0%

The two ends of this page are not two ends of one sum. Between the tender and the first unit sold sit construction over a multi-year build, financing, the development charge, marketing and agent commissions, GST, and the cost of holding unsold stock. None of those is published for a named project, so nothing here estimates a developer’s cost or margin and no figure on this page should be read as one. Why that is refused.

The rest of it