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Urban Redevelopment Authority (URA)
Press Releases

Award of tender for URA sale site at Lentor Gardens

13 April 2023

This article has been migrated from an earlier version of the site and may display formatting inconsistencies.

The Urban Redevelopment Authority (URA) has awarded the tender for the site at Lentor Gardens to the sole tenderer, GuocoLand (Singapore) Pte. Ltd. and Intrepid Investments Pte. Ltd.  

The site at Lentor Gardens was launched for tender on 31 October 2022. The tender for the site closed on 4 April 2023. The site was offered for sale on a 99-year lease term. 

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 

  21,866.7 m²

 45,921 m²

 GuocoLand (Singapore) Pte. Ltd. and Intrepid Investments Pte. Ltd.

$486,800,222
($10,600.82) 

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