Date: 31st Dec 2014, Wednesday
HDB BTO 2014
Thirty two HDB BTO Projects yielding 23,000 Dwelling Units on 88 Hectares of HDB land (261 du/ha), ready by 2018. Each project has an average of 719 DU. HDB will spend $3.1 billion for their construction or $136,000 per DU.
Google Earth Snapshot and URA Master Plan 2014.
Approved on 13th January 2014: Amendments To Master Plan 2008 - Amending the plot ratio of Lot 02588N (pt) MK 21, at Punggol Way, from Residential Zone at a plot ratio of 3.00 (gross) to Residential Zone at a maximum permissible plot ratio of 3.40 (gross). Allowing more units to be built within PW C32.
HDB artist rendering of a fully developed Punggol
Land Area: 5.5 hectares
Maximum GFA: 165,000 M2 [Plot Ratio 3.0]
5.5 x 10,000 x 3.0 = 165,000
Gross Leasable Floor Area = 105,544 M2
Total Construction Cost: $202,950,200
+ 201,700,000 (Building Cost) [HDB Web]
+ 40,000 (Accredited Checking Services)
+ 1,210,200 (Architect detailing, Structural, M&E, QS 0.6%)
Guesstimated Land Cost ($50m/hectare): $275,000,000
Deduct two Multistory Car Park ~ $20Million (construction) + $24Million (land)
Guesstimated HDB development cost: $437,950,200 ($386psf)
Date of HDB Tender Notice: 23 Apr 2014; HDB Tender Description: Part A: Building Works At Punggol West Contract 33, Contract 34 And Common Green (Total: 1,096 Dwelling Units) Part B: Contingency Works. On 27 June 2014, 10 contractors placed bids between $185,656,000 to $235,300,000. The project (Contract No. D/368/14) was awarded to second lowest bidder Qingjian International South Pacific Group Development Co., Pte Ltd (CNQC) for $201,700,000 on 27 Aug 2014.
Average construction cost: $184k per dwelling unit.
QingJian Group (CNQC - China state owned company) also built Punggol East S6 Contract 33 8 Blocks/18 Storey "Punggol Breeze" Project for 964 Dwelling Units on June 2009 for $152.7M ($158k/DUs), completed on March 2012 and was a HDB merit award recipient. Their subsidiary, QingJian Reality, also developed the Ecopolitian EC Project in 2012 and Bellewaters and Bellewoods EC Project in 2014.
Tender Notice No. 14DPQ03 Date of Award 24 Feb 2014 for $40,000 to ECAS-EJ CONSULTANTS PTE LTD / T H CHUAH & PARTNERS LLP JV: Accredited Checking Services For Building Works At Punggol West Contract 33 & Contract 34 & Neighbourhood Park. ECAS-EJ Consultants Pte Ltd provides Civil, Structural and Geotechnical Engineering Services to clients of the public and private sector. T H Chuah & Partners LLP is a Structural Engineer. All structural designs of building works are to be checked by an accredited checker.
Tender Notice No. 13DPF05 Date of Award 4 Apr 2013 to SURBANA INTERNATIONAL CONSULTANTS PTE LTD: Multi-Disciplinary (Architectural, Civil & Structural Engineering, Mechanical & Electrical Engineering and Quantity Surveying) Consultancy services for Public Housing at Punggol West Contract 33 & Contract 34 & Neighbourhood Park. Total 1% of the Construction Cost.
- ARCHITECTURAL CONSULTANCY SERVICES for 0.48% of the Construction Cost.
- MECHANICAL & ELECTRICAL ENGINEERING SERVICES for 0.20% of the Construction Cost.
- CIVIL & STRUCTURAL ENGINEERING for 0.20% of the Construction Cost.
- QUANTITY SURVEYING SERVICES for 0.12% of the Construction Cost.
Tender Notice No. 11BI014 Date of Notice : 11 Mar 2011 Date of Award : 01 Jul 2011 for $8,845,750 to THONG HUAT BROTHERS (PTE) LIMITED: Construction of SUMANG WALK (1.5km with Vehicular Bridge over Punggol Waterway), PUNGGOL FIELD (0.5km), AND PUNGGOL CENTRAL (0.5 km).
Land Area: 2.2 hectares
Maximum GFA: 78,750 M2 [Plot Ratio 3.5]
2.25 x 10,000 x 3.5 = 78,750
Gross Leasable Floor Area = 68,425 M2
Total Construction Cost: $117,660,000
+ 116,000,000 (Building Cost)
+ 36,000 (Accredited Checking Services)
+ 1,624,000 (Architect detailing, Structural, M&E, QS 1.4%)
Estimated construction cost ~ $117k per dwelling unit.
Guesstimated Land Cost ($50m/hectare): $110,000,000
Deduct a Multistory Car Park ~ $10Million (construction) + $12Million (land)
Guesstimated HDB development cost: $205,660,000 ($280psf)
Date of HDB Tender Notice: 31 Mar 2014; HDB Tender Description: Project 1 - Part A: Building Works At Punggol West Contract 32 (Total: 1000 Dwelling Units);
Part B: Common Green At Punggol Field; Part C: Contingency Works. The project (Contract No. D/335/14) was awarded to HO LEE CONSTRUCTION PTE LTD (2nd lowest bidder) for $116,586,000 on 1 August 2014.
Ho Lee Construction Pte Ltd (HLC) started out as a Sanitary and Plumbing contractor in 1972 knows as Ho Lee Plumbing Pte Ltd undertaking mainly sanitary and plumbing works for public residential housing projects. In 1980, HLC was incorporated and it began to take on general building construction as a Main Building Contractor. In 2005, HLC also accquired Wee Poh Construction Co. (Pte) Ltd.
Tender Notice No. 14DPQ11 Date of Notice : 10 Mar 2014. Date of Award 28 Mar 2014 for $36,000 to CKM CONSULTANTS PTE LTD: Accredited Checking Services For Building Works At Punggol West Contract 32 And Neighbourhood Park. All structural designs of building works are to be checked by an accredited checker. CKM Consultants Pte Ltd is a civil and structural engineering company based in Singapore, providing professional engineering consultancy services.
Tender Notice No. 13DPF09 Date of Award 4 Apr 2013 to SURBANA INTERNATIONAL CONSULTANTS PTE LTD: ARCHITECTURAL CONSULTANCY SERVICES COMPONENT IN: Multi-Disciplinary (Architectural, Civil & Structural Engineering, Mechanical & Electrical Engineering and Quantity Surveying) Consultancy Services for Public Housing at Punggol West Contract 32 and Linear Park. Total 1.4% of Construction Cost.
- ARCHITECTURAL CONSULTANCY SERVICES for 0.671% of Construction Cost.
- MECHANICAL & ELECTRICAL ENGINEERING CONSULTANCY SERVICES for 0.279% of Construction Cost.
- CIVIL & STRUCTURAL ENGINEERING for 0.279% of Construction Cost.
- QUANTITY SURVEYING CONSULTANCY SERVICES for 0.168% of Construction Cost.
Toa Payoh N2C23A 557 DUs 279 DU/ha
Toa Payoh Apex, on 2 hectares of land, is bounded by Lorong 6 Toa Payoh and Toa Payoh East. The development offers 557 units of 138 x 3- and 419 x 4-room Standard Flats housed in four 36-storey residential blocks. Estimated Completion in 2018 and typical 4-room flat will cost an average of $460k. The site was the old four blocks - 28, 30, 32, 33 and oldest iconic dragon-shaped structure playgrounds located at Lorong 6 Toa Payoh which were built in 1969 and came under the Selective En Bloc Redevelopment Scheme in 2003. Residents moved out in 2008.
TOA PAYOH NEIGHBOURHOOD 2 CONTRACT 23A: PROPOSED PUBLIC HOUSING DEVELOPMENT COMPRISING 4 BLOCKS OF 36-STOREY RESIDENTIAL BUILDING (TOTAL 557 UNITS), 1 BLOCK OF 7-STOREY MULTI-STOREY CARPARK INCLUDE 1 NO. OF PRECINCT PAVILION, COMMUNITY FACILITIES & AN ESS ON LOT(S) 3616L PT, 3617C PT, 3618M & 4057C PT MK17 AT TOA PAYOH EAST SINGAPORE. (HDB Link)
The construction project was awarded to KUAN AIK HONG CONSTRUCTION for $ 83,500,000.00 on 05 Dec 2014. Plus guessitmated land cost of $100million. HDB Toa Payoh Apex development cost of $330k per dwelling unit.
Golden Ginger SNC18 150 DUs 375 DU/ha
The BTO project in Serangoon North is 1.9 times over subscribed where 291 applications for 150 units. At $646 psf, it is the most expensive for HDB BTO 2014 Projects to develop.
400sqft - $91,000/DU x 78 = $7,098,000
500sqft - $110,000/DU x 72 = $7,920,000
- HDB Collected from sales = $15 millions ($224 psf, 30-year lease)
- Total Gross Floor Area 400x78 + 500x72 = 67,200 sqft.
- HDB Development Cost $44 millions ($646 psf)
- HDB Paid SLA for 0.4 hectare of land = Guesstimate as $20,000,000
- HDB Paid for Construction = $24,182,248
- 30 Oct 2013 ACCREDITED CHECKING: BC Koh & Partners $19,000
- 01 Aug 2014 BUILDING WORKS: Ho Lee Construction $23,414,000
- 04 Apr 2013 CONSULTANCY SERVICES: 3.2% $749,248
- ARCHITECTURAL: Chan Sau Yan Associates 1.890%
- QUANTITY SURVEYING: Faithful + Gould 0.280%
- Mechanical & Electrical: BECA 0.400%
- CIVIL & STRUCTURAL: WEB STRUCTURES 0.630%
Updated On: 16.11.13