Aurelle of Tampines
The ground under it was tendered in 2023. Both ends of that are public; nobody puts them together.
The land under Aurelle of Tampines
HDB put this parcel out to tender and names Aurelle of Tampines as what was built on it. Everything below is from that tender: the dates, the winning price, and the 9 bids that came in.
- Tender launched14 Mar 2023
- Tender closed18 Jul 20239 bids received
- Awarded9 Oct 2023Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd
- Winning tenderS$543,280,000S$7,761 per sq m of gross floor area · S$721 per sq ft
- Parcel
- Tampines E13 Tampines Street 62 (Parcel B)
- Site area
- 28,000 sq m
- Lease
- 99 yrs
- Plot ratio
- 2.5
- Gross floor area
- 70,001 sq m
- Sold as
- EC
Every bid — all 9, as HDB published them
| # | Tenderer | Bid | Behind the winner |
|---|---|---|---|
| 1 | Sim Lian Land Pte Ltd and Sim Lian Development Pte Ltd | S$543,280,000 | — |
| 2 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. (Alternative Proposal) | S$536,600,000 | S$6,680,000 · 1.2% |
| 3 | CSC Land Group (Singapore) Pte. Ltd. | S$536,486,666 | S$6,793,334 · 1.3% |
| 4 | Forsea Residence Pte. Ltd, CNQC-OS (5) Pte. Ltd. and SNC3 Realty Pte. Ltd | S$512,800,000 | S$30,480,000 · 5.6% |
| 5 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd. | S$506,900,000 | S$36,380,000 · 6.7% |
| 6 | CDL Stellar Pte. Ltd. | S$500,888,000 | S$42,392,000 · 7.8% |
| 7 | Grand Brilliance Property 3 Pte. Ltd. | S$500,689,961 | S$42,590,039 · 7.8% |
| 8 | Intrepid Investments Pte. Ltd., TID Residential Pte. Ltd. and Otto Projects Pte. Ltd. (Alternative Proposal) | S$467,165,275 | S$76,114,725 · 14.0% |
| 9 | Intrepid Investments Pte. Ltd., TID Residential Pte. Ltd. and Otto Projects Pte. Ltd. | S$467,165,000 | S$76,115,000 · 14.0% |
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 9 Oct 2023 · 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 “Aurelle of Tampines”. This parcel, from tender to today · Every land sale
What has been filed there since
Those two are not the same square foot. Gross floor area includes what nobody buys — the corridors, the car park, the plant rooms — so the land rate is spread across more area than a unit is sold by. The ratio is arithmetic on two published figures and is not a return, a profit, or an appreciation.
Year by year, for a median-sized unit
| Year | Median psf | Against the year before |
|---|---|---|
| 2025 | $1,765 (332) | — |
| 2026 | $2,052 (1) | +16.3% |
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
- Every filed transaction at Aurelle of TampinesThe full record — price history, floor premium, what a sale would net
- Every land sale since 1993441 URA sites and 216 from HDB, with every losing bid that was published
- Why there is no margin on this pageWhat sits between the two ends, and why none of it is published