[ Land sales ]

6 March 2026 · ura-pr26-15 · Urban Redevelopment Authority

Tender award for URA sale site at Lentor Central

1 The Urban Redevelopment Authority (URA) has awarded the tender for the site at Lentor Central to the highest tenderer, GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.

2 The site at Lentor Central was launched for tender on 8 December 2025. The tender for the site closed on 3 March 2026. 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:

Table caption

LOCATIONALLOWABLE DEVELOPMENTSITE AREAMAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA)SUCCESSFUL TENDERERTENDERED PRICE($PSM of GFA)
Lentor CentralResidential15,925.8 m²47,778 m²GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.$657,100,000.00($13,753.19)

Text as retrieved 19 September 2026 from the Urban Redevelopment Authority release ura-pr26-15, sha256 3b39a6b0fe5f. Site chrome removed; headings, lists and tables kept.

Awards in this release

Lentor Central (15,926.2 sqm parcel)

GuocoLand (Singapore) Pte. Ltd., parent: GuocoLand Limited, Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture): S$657,100,000 (S$13,753.19 psm GFA, about S$1,278 psf ppr derived).

Rank 1 of the bids disclosed at the close of 3 March 2026 (ura-pr26-13). The award references that bid; it does not restate it.

Documents

  1. Press releasePublished 6 March 2026

    Tender award for URA sale site at Lentor Central

    Urban Redevelopment Authority · Retrieved 19 September 2026

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