Lentor Central
AwardedResidential with commercial at 1st storey. URA sale site, built as Lentor Modern.
S$784,113,000
S$12,964.83 psm GFA, about S$1,204 psf ppr (derived). Awarded 29 July 2021 to GLL D Pte. Ltd., parent: GuocoLand Limited
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Lentor Central | Residential with commercial at 1st storey | 17,279.9 m² | 60,480 m² | GLL D Pte. Ltd., parent: GuocoLand Limited | S$784,113,000(S$12,964.83) |
As listed at the close of 22 July 2021 (ura-pr21-25), with the outcome the award of 29 July 2021 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | GLL D Pte. Ltd., parent: GuocoLand Limited | S$784,113,000 | S$12,964.83 | S$1,204 | Awarded |
| 2 | Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, Hong Realty (Private) Limited, parent: Hong Leong Investment Holdings Pte. Ltd. and TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) | S$750,000,000 | S$12,400.79 | S$1,152 | Unsuccessful |
| 3 | Titus Residential SG Pte. Ltd. and Titus Commercial SG Pte. Ltd. | S$736,547,000 | S$12,178.36 | S$1,131 | Unsuccessful |
| 4 | Hoi Hup Realty Pte Ltd and Sunway Developments Pte. Ltd., parent: Sunway Berhad | S$705,260,000 | S$11,661.04 | S$1,083 | Unsuccessful |
| 5 | United Venture Investments (No. 1) Pte. Ltd. (as Trustee-Manager for United Venture Trust) and United Venture Development (No. 3) Pte. Ltd. | S$691,180,000 | S$11,428.24 | S$1,062 | Unsuccessful |
| 6 | Grand Cullinan Pte. Ltd. | S$683,688,888 | S$11,304.38 | S$1,050 | Unsuccessful |
| 7 | CEL Development Pte. Ltd., parent: Chip Eng Seng Corporation Ltd, Sing-Haiyi Treasure Pte. Ltd., Chuan Investments Pte. Ltd. and Jun Jie Development Pte. Ltd. | S$658,000,000 | S$10,879.63 | S$1,011 | Unsuccessful |
| 8 | Laguna Garden Limited and FEL Retail Trustee Pte. Ltd. (in its capacity as Trustee-Manager of FEL Retail Trust) | S$637,777,777 | S$10,545.27 | S$980 | Unsuccessful |
| 9 | Sim Lian Land Pte Ltd, parent: Sim Lian Group Limited | S$590,000,000 | S$9,755.29 | S$906 | Unsuccessful |
Press releases, latest first
Each card is one release on its own date, with its text folded beneath. The latest is first and open.
29 July 2021
AwardedAward of Tender for URA Sale Site at Lentor Central
Awarded to
GLL D Pte. Ltd., parent: GuocoLand Limited, S$784,113,000 (S$12,964.83 psm GFA, about S$1,204 psf ppr).
Read the press releaseHide the press releaseura-pr21-27
The Urban Redevelopment Authority (URA) has awarded the tender for the site at Lentor Central to GLL D Pte. Ltd. The company submitted the highest bid in the tender for the site.
The site at Lentor Central was launched for tender on 15 April 2021. The tender for the site closed on 22 July 2021. The land parcel was offered for sale on 99-year lease term.
Details of the awarded land parcel and the successful tenderer are provided below:
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($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) |
22 July 2021
Tender closedTender closing for URA sale site at Lentor Central
9 bids disclosed
Highest S$784,113,000 (S$12,964.83 psm GFA) from GLL D Pte. Ltd., parent: GuocoLand Limited
Read the press releaseHide the press releaseura-pr21-25
The Urban Redevelopment Authority (URA) closed the tender for the site at Lentor Central today.
The public tender for the site at Lentor Central was launched on 15 April 2021.
Please see Annex A for details of the site 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.
15 April 2021
Launched for tenderURA and HDB release sale sites at Lentor Central and Tampines Street 62 (Parcel A)
Read the press releaseHide the press releaseura-pr21-08
The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) released two sites at Lentor Central and Tampines Street 62 (Parcel A) for sale today under the first half 2021 (1H2021) Government Land Sales (GLS) Programme.
The URA site at Lentor Central earmarked for a residential with commercial at 1st storey development and the HDB Executive Condominium site at Tampines Street 62 (Parcel A) are launched for sale under the Confirmed List. Together, these two sites can yield about 1195 residential units.
Details on the land parcels can be found in Annex 1 and the location plans are in Annex 2._
**Other Details
The tender for the two land parcels at Lentor Central and Tampines Street 62 (Parcel A) will close at 12 noon on 22 Jul 2021 at URA and HDB respectively.
URBAN REDEVELOPMENT AUTHORITY
HOUSING & DEVELOPMENT BOARD
Site facts
- Selling authority
- URA
- Allowable development
- Residential with commercial at 1st storey
- Tenure
- 99 years
- Programme list
- Confirmed List, launched for tender[ura-pr21-08/pr21-08a.pdf]
- Site area
- 17,279.9 sqm[ura-pr21-08/pr21-08a.pdf]
- Maximum GFA
- 60,480 sqm[ura-pr21-08/pr21-08a.pdf]
- Estimated housing units
- 605[ura-pr21-08/pr21-08a.pdf]
- Height control
- Low-rise 35m SHD; high-rise 107m SHD[ura-pr21-08/pr21-08a.pdf]
- Facts as stated on
- 15 April 2021
The market when bids closed
When bids closed on 22 July 2021, URA's latest quarterly figures were for 1Q2021, published 23 April 2021, 90 days earlier. The 2Q2021 figures followed one day after the close. The table carries on through four releases after it.
| Private residential | 4Q2020Jan 2021 | On the day1Q2021Apr 2021 | 2Q2021Jul 2021 | 3Q2021Oct 2021 | 4Q2021Jan 2022 | 1Q2022Apr 2022 | Trend | Change1Q2021 to 1Q2022 |
|---|---|---|---|---|---|---|---|---|
| Prices | ||||||||
| Private home price index | 157.0 | 162.2 | 163.5 | 165.3 | 173.6 | 174.8 | +7.8% | |
| Non-landed, core central region | 133.6 | 134.3 | 135.8 | 135.1 | 138.7 | 138.6 | +3.2% | |
| Private rental index | 103.9 | 106.2 | 109.3 | 111.3 | 114.2 | 119.0 | +12.1% | |
| Sales | ||||||||
| New homes sold by developers | 2,603 | 3,493 | 2,966 | 3,550 | 3,018 | 1,825 | −47.8% | |
| Resales | 4,249 | 4,519 | 5,333 | 5,362 | 4,748 | 3,377 | −25.3% | |
| Sub-sales | 77 | 88 | 150 | 171 | 159 | 141 | +60.2% | |
| Units launched | 3,147 | 3,716 | 2,356 | 2,149 | 2,275 | 613 | −83.5% | |
| Supply | ||||||||
| Unsold, uncompleted, with planning approval | 24,296 | 21,602 | 19,384 | 17,140 | 14,154 | 14,087 | −34.8% | |
| Pipeline with planning approval | 49,307 | 48,139 | 47,097 | 47,715 | 46,276 | 47,415 | −1.5% | |
| Vacancy rate | 7.0% | 6.4% | 6.3% | 6.4% | 6.0% | 5.3% | −1.1 pts | |
Each figure is the quarter's own value as URA printed it in that quarter's release, not as later revised. Select a figure to see the annex and page it comes from.
Held back: URA prints the number in more than one place and the table's labels do not settle which one it is, so the archive stores it but does not show it.
Sources
- Press releasePublished 15 April 2021
URA and HDB release sale sites at Lentor Central and Tampines Street 62 (Parcel A)
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- Size
- 436,569 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 09:29:48 UTC
- Prevo reference
- ura-pr21-08
- AnnexPublished 15 April 2021
Annex 1 to URA and HDB release sale sites at Lentor Central and Tampines Street 62 (Parcel A)
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- Size
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- Format
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- Retrieved at
- 2026-09-18 09:29:48 UTC
- Prevo reference
- ura-pr21-08/pr21-08a.pdf
- AnnexPublished 15 April 2021
Annex 2 to URA and HDB release sale sites at Lentor Central and Tampines Street 62 (Parcel A)
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- d587ccb85c7166c53eefaf2bba596ccb57155e1f01d838cc20804f0a7c429406
- Size
- 91,797 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 09:29:48 UTC
- Prevo reference
- ura-pr21-08/pr21-08b.pdf
- Press releasePublished 22 July 2021
Tender closing for URA sale site at Lentor Central
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 4de6a5a6643df9160c8a5043907b3994af92ed0ef4f47e0802da08003b75ef23
- Size
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- Format
- text/html
- Retrieved at
- 2026-09-18 09:29:49 UTC
- Prevo reference
- ura-pr21-25
- AnnexPublished 22 July 2021
Annex A to Tender closing for URA sale site at Lentor Central
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- ce6e8eea4ef32c9688362a7fe94d3ea813ad059ccde8ef032f80412aa16754b9
- Size
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- Format
- application/pdf
- Retrieved at
- 2026-09-18 09:29:49 UTC
- Prevo reference
- ura-pr21-25/pr21-25a.pdf
- Press releasePublished 29 July 2021
Award of Tender for URA Sale Site at Lentor Central
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- b212877bc19d5d995fe67e765737f3aae12d0d77c48fd99c9ec51e18c3928a90
- Size
- 448,135 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 09:29:49 UTC
- Prevo reference
- ura-pr21-27