Regent Park

The ground under it was tendered in 1993. Both ends of that are public; nobody puts them together.

The land under Regent Park

HDB put this parcel out to tender and names Regent Park as what was built on it. Everything below is from that tender: the dates, the winning price, and the number of bids received.

  1. Tender launched12 Mar 1993
  2. Tender closed13 May 199312 bids received
  3. Awarded1 Sep 1993Ho Lee Investments Pte Ltd
  4. Winning tenderS$54,267,500HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Clementi S2 Clementi Ave 6
Site area
14,933 sq m
Lease
99 yrs
Plot ratio
2
Gross floor area
Not published
Sold as
Condominium

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 1 Sep 1993 · 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 “Regetn Park”. This parcel, from tender to today · Every land sale

What has been filed there since

1993 · the groundS$54,267,500HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on it$1,305median of 46 filed transactions, 2021-09 to 2026-09

Year by year, for a median-sized unit

80–90 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
2021$1,060 (1)—
2022$1,115 (5)+5.2%
2023$1,242 (5)+11.4%
2024$1,305 (4)+5.1%
2026$1,357 (2)+4.0%

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