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12 September 2023 · ura-pr23-33 · Urban Redevelopment Authority

Tender closing for URA sale sites at Lentor Central and Champions Way

Champions WayTender closedLentor Central (14,703.2 sqm parcel)Tender closed

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The Urban Redevelopment Authority (URA) closed the tender for the two sites at Lentor Central and Champions Way today.

The public tender for the two sites at Lentor Central and Champions Way were launched on 12 April 2023 and 25 May 2023 respectively.

Please see Annex A and B for details of the sites and tender bids received.

This is not an announcement of tender award. A decision on the award of the tender will be made after the bids have been evaluated. This will be publicised at a later date.

Text as retrieved 18 September 2026 from the Urban Redevelopment Authority release ura-pr23-33, sha256 e34bb54b455a. Site chrome removed; headings, lists and tables kept.

Bids disclosed in this release

Champions Way

RankTendererTendered priceS$ psm GFA
1CDL Stellar Pte. Ltd., parent: City Developments LimitedS$294,889,000S$9,729.42
2TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture)S$272,260,000S$8,982.81
3CNQC-OS (4) Pte. Ltd. and Forsea Residence Pte. Ltd., parent: Soilbuild Group Holdings Ltd / Yanlord Land Group Limited / United Engineers Limited interests (exact shareholding requires registry confirmation)S$240,010,000S$7,918.77
4JBE (S) Pte LtdS$235,332,000S$7,764.43
5Golden Ray Edge 3 Pte. Ltd., parent: Allgreen Properties Limited / Kerry Properties LimitedS$215,388,888S$7,106.43
6Innova Investments LimitedS$203,333,333S$6,708.68

Lentor Central (14,703.2 sqm parcel)

RankTendererTendered priceS$ psm GFA
1Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited and CSC Land Group (Singapore) Pte. Ltd.S$435,166,426S$10,570.25
2Frasers Property Phoenix Pte. Ltd., parent: Frasers Property LimitedS$410,800,000S$9,978.38

Outcomes are not shown here: on the day of this release the tender was pending. The award, when it came, is its own release.

Documents

  1. Press releasePublished 12 September 2023

    Tender closing for URA sale sites at Lentor Central and Champions Way

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    Open original source

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    e34bb54b455ad231f96ccf392b54c0eab63f9581c056da6983d18b958bdc4eea
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    ura-pr23-33
  2. AnnexPublished 12 September 2023

    Annex A to Tender closing for URA sale sites at Lentor Central and Champions Way

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    Prevo reference
    ura-pr23-33/pr23-33a.pdf
  3. AnnexPublished 12 September 2023

    Annex B to Tender closing for URA sale sites at Lentor Central and Champions Way

    Urban Redevelopment Authority · Retrieved 18 September 2026

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    Open original source

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    Retrieved at
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    ura-pr23-33/pr23-33b.pdf