The Woods

The ground under it was tendered in 2009. Both ends of that are public; nobody puts them together.

The land under The Woods

HDB put this parcel out to tender and names The Woods as what was built on it. Everything below is from that tender: the dates, the winning price, and the 32 bids that came in.

  1. Tender launched9 Nov 2009
  2. Tender closed8 Dec 200932 bids received
  3. Awarded10 Dec 2009Chappelis Pte Ltd
  4. Winning tenderS$38,500,000HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
Parcel
Jurong West S7 Westwood Avenue
Site area
14,099 sq m
Lease
99 yrs
Plot ratio
—
Gross floor area
Not published
Sold as
Condominium
Every bid — all 32, 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
1Chappelis Pte LtdS$38,500,000—
2Hoi Hup Realty Pte Ltd And Sunway Developments Pte LtdS$38,009,000S$491,000 · 1.3%
3Act - Nobel Homes Pte LtdS$35,121,000S$3,379,000 · 8.8%
4CEL Development Pte LtdS$32,345,688S$6,154,312 · 16.0%
5Alliance Development Pte LtdS$31,200,000S$7,300,000 · 19.0%
6Top Global LtdS$31,111,000S$7,389,000 · 19.2%
7Aurum Land (Pte) LtdS$31,000,000S$7,500,000 · 19.5%
8EL Development Pte LtdS$30,800,000S$7,700,000 · 20.0%
9Bishopsgate Developments Pte LtdS$30,388,888S$8,111,112 · 21.1%
10Wah Khiaw Developments Pte LtdS$30,030,000S$8,470,000 · 22.0%
11Soilbuild Group Holdings LtdS$29,390,000S$9,110,000 · 23.7%
12JBE Development Pte LtdS$29,310,000S$9,190,000 · 23.9%
13S P Setia International (S) Pte LtdS$28,002,255S$10,497,745 · 27.3%
14Tuas Hi-Tech Park Pte LtdS$27,500,000S$11,000,000 · 28.6%
15Goodland Sunny Pte LtdS$27,300,000S$11,200,000 · 29.1%
16TGFB Pte LtdS$26,380,000S$12,120,000 · 31.5%
17Sing Holdings LimitedS$25,900,000S$12,600,000 · 32.7%
18Whye Wah Development & Construction Pte LtdS$25,611,000S$12,889,000 · 33.5%
19CH Development Pte LtdS$23,890,000S$14,610,000 · 37.9%
20Fragrance Homes Pte LtdS$23,116,000S$15,384,000 · 40.0%
21TID Pte. Ltd.S$23,000,000S$15,500,000 · 40.3%
22Amerald Land Pte LtdS$22,888,000S$15,612,000 · 40.6%
23HLH Development Pte LtdS$22,800,000S$15,700,000 · 40.8%
24Feature Development Pte LtdS$21,500,000S$17,000,000 · 44.2%
25Wee Hur Development Pte LtdS$21,300,000S$17,200,000 · 44.7%
26Frasers Centrepoint LimitedS$18,980,000S$19,520,000 · 50.7%
27Prelim Corporation Pte LtdS$18,800,000S$19,700,000 · 51.2%
28Sim Lian Land Pte LtdS$18,100,000S$20,400,000 · 53.0%
29Westwood DevelopmentS$18,000,008S$20,499,992 · 53.2%
30Gazelle Estates (Pte) LtdS$18,000,000S$20,500,000 · 53.2%
31Phoenix West Development Pte. Ltd.S$17,777,778S$20,722,222 · 53.8%
32Boon Keng Development Pte LtdS$16,800,000S$21,700,000 · 56.4%

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 10 Dec 2009 · 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 Woods”. This parcel, from tender to today · Every land sale

What has been filed there since

2009 · the groundS$38,500,000HDB publishes no gross floor area for this parcel, so no rate can be worked out
Today · the homes on it$585median of 22 filed transactions, 2021-09 to 2026-09

Year by year, for a median-sized unit

370–380 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$459 (2)—
2022$549 (3)+19.6%
2023$548 (2)-0.2%
2024$596 (3)+8.8%
2025$662 (5)+11.1%
2026$662 (3)0.0%

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