Press Releases
Tender award for URA sale site at Lentor Central
6 March 2026
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1 The Urban Redevelopment Authority (URA) has awarded the tender for the site at Lentor Central to the highest tenderer, GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.
2 The site at Lentor Central was launched for tender on 8 December 2025. The tender for the site closed on 3 March 2026. 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 Central | Residential | 15,925.8 m² | 47,778 m² | GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. | $657,100,000.00 ($13,753.19) |