Historical coverage. This summary was prepared after the original event. Rules, prices and conditions may have changed; consult the dated original source and current official guidance.

URA land sales / award

At a glance

  • URA awarded the 99-year Lentor Central parcel to GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd. at a tender price of S$657.1 million.[1]

What was announced

URA confirmed the award of the Lentor Central land parcel to GuocoLand (Singapore) Pte. Ltd., Intrepid Investments Pte. Ltd. and TID Residential Pte. Ltd.. The successful tender price was S$657.1 million, according to the authority’s award notice.[1]

The 15,925.8 sq m parcel allows residential use. Its maximum permissible gross floor area is 47,778 sq m. The site was offered on a 99-year lease. Its tender launched on 8 December 2025 and closed on 3 March 2026.[1]

Context & interpretation

Why it matters

The award identifies the successful land bidder. Land cost alone does not establish future apartment selling prices, a launch date or a completion schedule; those require separate project announcements.

Sources & further reading

  1. GuocoLand-led group wins Lentor Central site for S$657.1 million ↗Urban Redevelopment Authority · 6 Mar 2026 · Accessed 1 Nov 2026

This is an original AI-assisted summary, not a reproduction of the source article. Context is our interpretation. Editorial policy · Report an issue