Lentor Gardens (20,640.8 sqm parcel)
AwardedResidential. URA sale site, built as Lentor Gardens Residences.
S$429,230,000
S$9,903.10 psm GFA, about S$920 psf ppr (derived). Awarded 9 April 2025 to Kingsford Huray Development Pte Ltd, parent: Kingsford Group.
| Location | Allowable development | Site area | Maximum permissible GFA | Successful tenderer | Tendered price (S$ psm of GFA) |
|---|---|---|---|---|---|
| Lentor Gardens (20,640.8 sqm parcel) | Residential | 20,639.4 m² | 43,343 m² | Kingsford Huray Development Pte Ltd, parent: Kingsford Group | S$429,230,000(S$9,903.10) |
As listed at the close of 3 April 2025 (ura-pr25-16), with the outcome the award of 9 April 2025 gave each.
| Rank | Tenderer | Tendered price | S$ psm GFA | S$ psf ppr (derived) | Outcome |
|---|---|---|---|---|---|
| 1 | Kingsford Huray Development Pte Ltd, parent: Kingsford Group | S$429,230,000 | S$9,903.10 | S$920 | Awarded |
| 2 | Intrepid Investments Pte. Ltd., parent: Hong Leong Holdings Limited, TID Residential Pte. Ltd., parent: Hong Leong Holdings Limited / Mitsui Fudosan Co., Ltd. (joint venture) and CSC Land Group (Singapore) Pte. Ltd. | S$422,222,367 | S$9,741.42 | S$905 | 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.
9 April 2025
AwardedTender award for URA sale site at Lentor Gardens
Awarded to
Kingsford Huray Development Pte Ltd, parent: Kingsford Group, S$429,230,000 (S$9,903.10 psm GFA, about S$920 psf ppr).
Read the press releaseHide the press releaseura-pr25-18
1. The Urban Redevelopment Authority (URA) has awarded the tender for the site at Lentor Gardens to the highest tenderer, Kingsford Huray Development Pte Ltd.
2. The site at Lentor Gardens was launched for tender on 17 October 2024. The tender for the site closed on 3 April 2025. The site was offered for sale on a 99-year lease term.
3. Details of the awarded site and the successful tenderer are provided below:
Table caption
| LOCATION | ALLOWABLE DEVELOPMENT | SITE AREA | MAXIMUM PERMISSIBLE GROSS FLOOR AREA (GFA) | SUCCESSFUL TENDERER | TENDERED PRICE ($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) |
3 April 2025
Tender closedTender closing for URA sale site at Lentor Gardens
2 bids disclosed
Highest S$429,230,000 (S$9,903.10 psm GFA) from Kingsford Huray Development Pte Ltd, parent: Kingsford Group.
Read the press releaseHide the press releaseura-pr25-16
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
1. The Urban Redevelopment Authority (URA) closed the tender for the site at Lentor Gardens today.
2. The site at Lentor Gardens was launched for public tender on 17 October 2024.
3. Please see Annex A for details of the site and tender bids received.
4. 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.
17 October 2024
Launched for tender, Confirmed ListURA and HDB release four sale sites at Lentor Gardens, River Valley Green (Parcel B), Marina Gardens Lane and Woodlands Drive 17
Read the press releaseHide the press releaseura-pr24-47
1. The Urban Redevelopment Authority (URA) and the Housing & Development Board (HDB) have released four residential1 sites at Lentor Gardens, River Valley Green (Parcel B), Marina Gardens Lane, and Woodlands Drive 17 (Executive Condominium) for sale today under the second half 2024 (2H2024) Government Land Sales (GLS) Programme.
2. The sites at Lentor Gardens and River Valley Green (Parcel B) are launched for sale under the Confirmed List and can potentially yield 500 and 475 residential units respectively. These form part of the 5,050 residential units to be released via the Confirmed List of the 2H2024 GLS programme to cater to housing demand and maintain market stability. The sites at Marina Gardens Lane and Woodlands Drive 17 are available for application under the Reserve List and can potentially yield 390 residential units and 420 EC units respectively.
3. The Government will continue to release a steady supply of private residential units in coming GLS programmes, with supply calibrated to account for prevailing economic and property market conditions.
4. Details on the four land parcels can be found in Annex 1.
Other Details 5. The tenders for the River Valley Green (Parcel B) and Lentor Gardens sites will close at 12 noon on 7 February 2025 and 3 April 2025 respectively.
1 The site at Lentor Gardens is zoned Residential, while the sites at Marina Gardens Lane and River Valley Green (Parcel B) are zoned Residential with Commercial at 1st Storey (see Annex 1 )
12 April 2023
Released on the Reserve ListURA releases sale sites at Lentor Central and Lentor Gardens
Read the press releaseHide the press releaseura-pr23-09
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
The sites are part of the increased housing supply under the 1H2023 Government Land Sales Programme to cater to demand, with more in a variety of locations to be launched in the coming months.
The Urban Redevelopment Authority (URA) has released two residential sites at Lentor Central and Lentor Gardens for sale today under the first half 2023 (1H2023) Government Land Sales (GLS) Programme.
The residential site at Lentor Central is launched for sale under the Confirmed List and will yield about 475 residential units. This forms part of the 4,090 residential units1 to be made available via the Confirmed List of the 1H2023 GLS programme, which represents a 17% increase from the 3,505 units made available in 2H2022. The residential site at Lentor Gardens is available for application under the Reserve List and can potentially yield an additional 500 residential units. More sites in different locations across the island will be launched for sale in the coming months.
Details of the land parcels can be found in Annex 1 and the location plan is in Annex 2.
**Other Details
The tender for the Lentor Central site will close at 12 noon on 12 September 2023.
1 The total supply of 4,090 residential units will bring the total pipeline supply of private housing (including ECs) to about 61,000 units, comprising 51,700 units with planning approval and 9,300 units from GLS sites and awarded en-bloc sites that have not been granted planning approval yet.
Site facts
- Selling authority
- URA
- Allowable development
- Residential
- Tenure
- 99 years
- Programme list
- Confirmed List, launched for tender[ura-pr24-47/pr24-47a.pdf]
- Site area
- 20,639.4 sqm[ura-pr24-47/pr24-47a.pdf]
- Maximum GFA
- 43,343 sqm[ura-pr24-47/pr24-47a.pdf]
- Estimated housing units
- 500[ura-pr24-47/pr24-47a.pdf]
- Height control
- Linear-park frontage maximum 5 storeys; Lentor Gardens frontage maximum 8 storeys; mid-rise maximum 16 storeys including sky terraces; technical height 120m SHD[ura-pr24-47/pr24-47a.pdf]
- Facts as stated on
- 17 October 20242 versions on record: 12 April 2023, 17 October 2024. Each is kept; the one in force on the reading date is shown.
The market when bids closed
When bids closed on 3 April 2025, URA's latest quarterly figures were for 4Q2024, published 24 January 2025, 69 days earlier. The next release, 1Q2025, came on 25 April 2025. The table carries on through four releases after it.
| Private residential | 2Q2024Jul 2024 | 3Q2024Oct 2024 | On the day4Q2024Jan 2025 | 1Q2025Apr 2025 | 2Q2025Jul 2025 | 3Q2025Oct 2025 | 4Q2025Jan 2026 | Trend | Change4Q2024 to 4Q2025 |
|---|---|---|---|---|---|---|---|---|---|
| Prices | |||||||||
| Private home price index | 206.1 | 204.7 | 209.4 | 211.1 | 213.2 | 215.1 | 216.4 | +3.3% | |
| Non-landed, core central region | 152.6 | 150.9 | 154.8 | 156.0 | 160.7 | 163.4 | 157.7 | +1.9% | |
| Private rental index | 156.6 | 157.9 | 157.9 | 158.5 | 159.8 | 161.7 | 160.9 | +1.9% | |
| Sales | |||||||||
| New homes sold by developers | 725 | 1,160 | 3,420 | 3,375 | 1,212 | 3,288 | 2,940 | −14.0% | |
| Resales | 3,802 | 3,860 | 3,702 | 3,565 | 3,647 | 3,881 | 3,529 | −4.7% | |
| Sub-sales | 388 | 352 | 311 | 321 | 269 | 235 | 230 | −26.0% | |
| Units launched | 634 | 1,284 | 3,425 | 3,139 | 1,520 | 4,191 | 2,632 | −23.2% | |
| Supply | |||||||||
| Unsold, uncompleted, with planning approval | 19,940 | 19,405 | 18,125 | 18,498 | 17,029 | 14,859 | −23.4% | ||
| Pipeline with planning approval | 37,768 | 35,475 | 35,305 | 35,364 | 36,663 | 36,814 | 35,690 | +1.1% | |
| Vacancy rate | 6.1% | held | 6.6% | 6.5% | held | held | 6.0% | −0.6 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 12 April 2023
URA releases sale sites at Lentor Central and Lentor Gardens
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 456bc2bdeb41c00d3244db68a1857989009444343a2d6111de6c92131fdae770
- Size
- 439,453 bytes
- Format
- text/html
- Retrieved at
- 2026-09-18 14:52:10 UTC
- Prevo reference
- ura-pr23-09
- AnnexPublished 12 April 2023
Annex 1 to URA releases sale sites at Lentor Central and Lentor Gardens
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 941472396d87eae0801646c0c8ca234375f67a9e29e57a33a237caa0dde59ddb
- Size
- 6,383 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 14:52:10 UTC
- Prevo reference
- ura-pr23-09/pr23-09a.pdf
- AnnexPublished 12 April 2023
Annex 2 to URA releases sale sites at Lentor Central and Lentor Gardens
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
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- Format
- application/pdf
- Retrieved at
- 2026-09-18 14:52:10 UTC
- Prevo reference
- ura-pr23-09/pr23-09b.pdf
- Press releasePublished 17 October 2024
URA and HDB release four sale sites at Lentor Gardens, River Valley Green (Parcel B), Marina Gardens Lane and Woodlands Drive 17
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 8d4342ca54d05fdc11ce09179f3b910c574041414998fc195efc3a1086f400b2
- Size
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- Format
- text/html
- Retrieved at
- 2026-09-18 15:39:38 UTC
- Prevo reference
- ura-pr24-47
- AnnexPublished 17 October 2024
HDB Annex 1, site details to URA and HDB release four sale sites at Lentor Gardens, River Valley Green (Parcel B), Marina Gardens Lane and Woodlands Drive 17
Urban Redevelopment Authority and Housing & Development Board · Retrieved 19 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 3e6834f70dfcd91e6b0697d6fd0c12bbae9ea55af5c0db3bf3f221c47f1478b9
- Size
- 112,261 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-19 09:24:09 UTC
- Prevo reference
- ura-pr24-47/17102024-Annex-1.pdf
- AnnexPublished 17 October 2024
Annex 1 to URA and HDB release four sale sites at Lentor Gardens, River Valley Green (Parcel B), Marina Gardens Lane and Woodlands Drive 17
Urban Redevelopment Authority and Housing & Development Board · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- b94e0a0c8acc4fe46168a15b94b6d8af0af6075b96df4ab384532531748fea0b
- Size
- 71,335 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 15:39:38 UTC
- Prevo reference
- ura-pr24-47/pr24-47a.pdf
- Press releasePublished 3 April 2025
Tender closing for URA sale site at Lentor Gardens
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 74a06085c27c7fd46d4a97177f2e8c6585b273433c989e485089f8ff8232dbde
- Size
- 425,026 bytes
- Format
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- Retrieved at
- 2026-09-18 16:56:52 UTC
- Prevo reference
- ura-pr25-16
- AnnexPublished 3 April 2025
Annex A to Tender closing for URA sale site at Lentor Gardens
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- e17491f29fffa5dac8572c934c772076b3a4c158390fa1d8966438d4e9f20804
- Size
- 18,352 bytes
- Format
- application/pdf
- Retrieved at
- 2026-09-18 16:56:52 UTC
- Prevo reference
- ura-pr25-16/pr25-16a.pdf
- Press releasePublished 9 April 2025
Tender award for URA sale site at Lentor Gardens
Urban Redevelopment Authority · Retrieved 18 September 2026
Source fact · Source-backedTechnical details
- SHA-256
- 182ba3351b9f7bf1212e1c2a71526e494c095836efebcb2da8d735a48d64c328
- Size
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- Format
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- Retrieved at
- 2026-09-18 16:56:52 UTC
- Prevo reference
- ura-pr25-18