Modena
The ground under it was tendered in 1997. Both ends of that are public; nobody puts them together.
The land under Modena
HDB put this parcel out to tender and names Modena as what was built on it. Everything below is from that tender: the dates, the winning price, and the 8 bids that came in.
- Tender launched30 May 1996
- Tender closed24 Jul 19978 bids received
- Awarded8 Sep 1997Eyton Pte Ltd
- Winning tenderS$121,700,000HDB publishes no gross floor area for this site, so a rate per square foot cannot be worked out from what is published
- Parcel
- Tampines S6a Simei Street 4
- Site area
- 14,000 sq m
- Lease
- 99 yrs
- Plot ratio
- 2.3
- Gross floor area
- Not published
- Sold as
- Condominium
Every bid — all 8, as HDB published them
| # | Tenderer | Bid | Behind the winner |
|---|---|---|---|
| 1 | Eyton Pte Ltd | S$121,700,000 | — |
| 2 | NTUC Choice Homes Co-Operative Limited | S$116,116,000 | S$5,584,000 · 4.6% |
| 3 | Orchard Terminal Private Ltd | S$106,758,000 | S$14,942,000 · 12.3% |
| 4 | SL Properties Limited | S$98,800,000 | S$22,900,000 · 18.8% |
| 5 | Allgreen Properties Ltd / Hoe Seng Co (Pte) Ltd | S$91,980,000 | S$29,720,000 · 24.4% |
| 6 | City Developments Limited | S$80,000,000 | S$41,700,000 · 34.3% |
| 7 | Wincrest Investment Pte Ltd | S$77,000,000 | S$44,700,000 · 36.7% |
| 8 | DBS Realty Private Limited and HKR Asia Pacific Pte Ltd | S$76,419,490 | S$45,280,510 · 37.2% |
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 8 Sep 1997 · 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 “Modena”. This parcel, from tender to today · Every land sale
What has been filed there since
Year by year, for a median-sized unit
| Year | Median psf | Against the year before |
|---|---|---|
| 2021 | $1,083 (1) | — |
| 2023 | $1,086 (3) | +0.3% |
| 2024 | $1,086 (2) | 0.0% |
| 2025 | $1,224 (1) | +12.7% |
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.