The Urban Redevelopment Authority (URA) has awarded the tender for the site at Lentor Central to GLL D Pte. Ltd. The company submitted the highest bid in the tender for the site.
The site at Lentor Central was launched for tender on 15 April 2021. The tender for the site closed on 22 July 2021. The land parcel was offered for sale on 99-year lease term.
Details of the awarded land parcel and the successful tenderer are provided below:
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| Lentor Central | Residential with Commercial at 1st Storey | 17,279.9 m2 | 60,480 m2 | GLL D Pte. Ltd. | $784,113,000($12,964.83) |