1. The Urban Redevelopment Authority (URA) has awarded the tender for the site at Lentor Gardens to the highest tenderer, Kingsford Huray Development Pte Ltd.
2. The site at Lentor Gardens was launched for tender on 17 October 2024. The tender for the site closed on 3 April 2025. The site was offered for sale on a 99-year lease term.
3. Details of the awarded site and the successful tenderer are provided below:
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| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($PSM of GFA) |
|---|---|---|---|---|---|
| Lentor Gardens | Residential | 20,639.4 m2 | 43,343 m2 | Kingsford Huray Development Pte Ltd | $429,230,000.00 ($9,903.10) |