TID Residential Pte. Ltd. is a leading real estate development and investment firm in Singapore that has been in operation for more than twenty years. The firm has a strong track record of successful projects, including residential and commercial developments, and is one of the most respected names in the industry.
In 2020, TID Residential Pte. Ltd. was one of the bidders on the Bukit Batok EC tender. This was a large project that would involve the construction of a development that included executive condominiums and commercial units. With the project estimated to cost around S$1.2 billion, the tender was extremely competitive, and TID Residential Pte. Ltd. was one of the few firms that was chosen to be part of the shortlist.
So, what was it about TID Residential Pte. Ltd. that made them stand out from the competition and be chosen for the Bukit Batok EC tender?
One of the reasons why TID Residential Pte. Ltd. was chosen for the tender was due to their excellent track record in the industry. As previously mentioned, the firm had a long history of successful projects, and this was one of the criteria that was taken into consideration when choosing the successful bidders. As a result, TID Residential Pte. Ltd. was seen as a reliable and trustworthy firm that had the experience and expertise to complete the project.
In addition to this, TID Residential Pte. Ltd. also put forward a strong bid for the tender. The firm provided a comprehensive and detailed proposal outlining the different components of the project, including the construction timeline, cost estimates, and financial projections. This was important in demonstrating their capabilities and showing the panel of evaluators that they had the ability to complete the project on time and within budget.
Furthermore, TID Residential Pte. Ltd. also put forward an innovative and creative design for the development. This was particularly important for this project, as the development had to meet the needs of the local community and contribute to the area’s economic development. The design proposed by TID Residential Pte. Ltd. was seen as being in line with the local council’s vision for the area and was seen as a viable solution to the question of how to create a development that would provide long-term economic growth and benefit the local community.
Finally, TID Residential Pte. Ltd. also put forward a strong financial package for the development. This included an attractive loan package that would enable the firm to finance the development. This was important in demonstrating the firm’s commitment to the project and their ability to complete it on time and within budget.
Overall, TID Residential Pte. Ltd. put forward a strong bid for the Bukit Batok EC tender, and this was Bukit Batok EC reflected in their selection. The firm’s track record of successful projects, strong proposal, innovative design, and attractive financial package were all factors that led to them being chosen for the tender. As a result, TID Residential Pte. Ltd. is now set to begin work on the project, and it is expected to be a success.
The Bukit Batok Executive Condominium (EC) tender is a highly sought-after opportunity for property developers in Singapore. TID Residential Pte. Ltd is one of the many developers vying for the tender, and understanding their bid is essential for evaluating their chances of success. In this article, we’ll explore the details of TID Residential’s bid and see what they have to offer.
TID Residential Pte. Ltd. is a Singapore-based property developer with a long and successful track record in the industry. They have developed a wide range of residential projects, including both private and public housing, as well as commercial and industrial complexes. With a wealth of experience in the industry, they have the knowledge and expertise to develop a successful EC project.
When it comes to the Bukit Batok EC tender, TID Residential Pte. Ltd. has put together a comprehensive bid. Their proposal includes a detailed plan for the development of the site, including the total number of units, their size and layout, as well as the design features and amenities that will be included. They have also provided an estimated budget for the project and a timeline for completion.
In terms of their design features, TID Residential Pte. Ltd. is proposing to build a modern and luxury-style EC development with high-end fixtures and fittings. They are also proposing to include a range of amenities such as a swimming pool, gym, BBQ pits, and playgrounds. They are also proposing to include landscaped gardens and outdoor spaces for residents to enjoy.
In terms of budget, TID Residential Pte. Ltd. is proposing to spend an estimated S$200 million on the project. This includes the cost of construction and materials, as well as the cost of marketing and promotional activities. They are also proposing to offer an attractive returns package to the unit owners, which will help to attract more buyers.
Finally, TID Residential Pte. Ltd. has provided an estimated timeline for the completion of the project. They are proposing to complete the construction within 18 months and to have the project ready for occupancy within 24 months. This timeline is in line with the timeline laid out in the tender, and TID Residential Pte. Ltd. is confident that they can deliver on their promise.
Overall, TID Residential Pte. Ltd. has put together a comprehensive and attractive bid for the Bukit Batok EC tender. Their proposal includes a detailed plan for the development of the site, an estimated budget, and an attractive timeline. They also have a wealth of experience in the property development industry, which gives them a strong chance of success. Therefore, if their bid is accepted, they could be in a good position to develop a successful EC project in Bukit Batok.