[ Land sales ]

Boon Lay Way / Lakeside Drive

Awarded

Residential. URA sale site, built as THE LAKEFRONT RESIDENCES.

[ Award ]

S$302,980,000

S$5,370.94 psm GFA, about S$499 psf ppr (derived). Awarded 6 May 2010 to Keppel Land (Mayfair) Pte Ltd, parent: Keppel Ltd..

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Boon Lay Way / Lakeside DriveResidential16,117.2 m²56,411 m²Keppel Land (Mayfair) Pte Ltd, parent: Keppel Ltd.S$302,980,000(S$5,370.94)
[ The one tender received ]

As listed at the close of 4 May 2010 (ura-list-2010-boon-lay-way-lakeside-drive-close), with the outcome the award of 6 May 2010 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Keppel Land (Mayfair) Pte Ltd, parent: Keppel Ltd.S$302,980,000S$5,370.94S$499Awarded

Press releases, latest first

Each card is one release on its own date, with its text folded beneath. The latest is first and open.

6 May 2010

Awarded

Boon Lay Way / Lakeside Drive: awarded to Keppel Land (Mayfair) Pte Ltd, as URA's list of vacant sites sold dates it

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

Awarded to

Keppel Land (Mayfair) Pte Ltd, parent: Keppel Ltd., S$302,980,000 (S$5,370.94 psm GFA, about S$499 psf ppr).

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

4 May 2010

Tender closed

Boon Lay Way / Lakeside Drive: tender closed with 14 bids, as URA's list of vacant sites sold dates it

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

1 bid disclosed

Highest S$302,980,000 (S$5,370.94 psm GFA) from Keppel Land (Mayfair) Pte Ltd, parent: Keppel Ltd..

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

23 March 2010

Launched for tender

Boon Lay Way / Lakeside Drive: launched for tender, as URA's list of vacant sites sold dates it

Dated as the agency’s list of sites sold prints it (URA Vacant Sites (online version)). The list is the source; no release of this date is on record.

Source: URA Vacant Sites (online version) (Prevo reference ura-list-vacant-sites-sold)

Site facts

Selling authority
URA
Allowable development
Residential
Tenure
99 years
Programme list
None stated; sold by tender, as ura's list records itA URA sale tender its source places on neither the Confirmed nor the Reserve List of the Government Land Sales programme. No list is inferred.The list counts 14 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
16,117.2 sqm[ura-list-vacant-sites-sold]
Maximum GFA
56,411 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Residential (Non-Landed)
  • Planning area: Jurong West
Facts as stated on
23 March 2010

Sources

  1. Agency listPublication date not recorded

    URA Vacant Sites (online version)

    Urban Redevelopment Authority · Retrieved 19 September 2026

    Source fact · Source-backed

    Original source link unavailable

    Technical details
    SHA-256
    28dd0ed255e0d696107b6536f72cdb2ea430144a681f78fd82d1c05f9232b373
    Size
    82,692 bytes
    Format
    application/vnd.openxmlformats-officedocument.spreadsheetml.sheet
    Retrieved at
    2026-09-19 13:27:59 UTC
    Prevo reference
    ura-list-vacant-sites-sold