[ Land sales ]

Lorong Lew Lian

Awarded

Residential. URA sale site, built as FOREST WOODS.

[ Award ]

S$321,000,000

S$7,641.95 psm GFA, about S$710 psf ppr (derived). Awarded 11 November 2015 to Verwood Holdings Pte. Ltd., 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)

LocationAllowable developmentSite areaMaximum permissible GFASuccessful tendererTendered price (S$ psm of GFA)
Lorong Lew LianResidential14,001.5 m²42,005 m²Verwood Holdings Pte. Ltd., 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$321,000,000(S$7,641.95)
[ The one tender received ]

As listed at the close of 5 November 2015 (ura-list-2015-lorong-lew-lian-close), with the outcome the award of 11 November 2015 gave each.

RankTendererTendered priceS$ psm GFAS$ psf ppr (derived)Outcome
1Verwood Holdings Pte. Ltd., 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$321,000,000S$7,641.95S$710Awarded

Press releases, latest first

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

11 November 2015

Awarded

Lorong Lew Lian: awarded to Verwood Holdings Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential 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

Verwood Holdings Pte. Ltd., 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$321,000,000 (S$7,641.95 psm GFA, about S$710 psf ppr).

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

5 November 2015

Tender closed

Lorong Lew Lian: tender closed with 11 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$321,000,000 (S$7,641.95 psm GFA) from Verwood Holdings Pte. Ltd., 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)

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

1 October 2015

Launched for tender

Lorong Lew Lian: 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 11 bids and names only the successful tenderer.[ura-list-vacant-sites-sold]
Site area
14,001.5 sqm[ura-list-vacant-sites-sold]
Maximum GFA
42,005 sqm[ura-list-vacant-sites-sold]
Tender conditions
  • Development type (list code): Residential (Non-Landed)
  • Planning area: Serangoon
Facts as stated on
1 October 2015

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