GuocoLand

GuocoLand In Singapore, the Group has successfully developed 36 residential projects yielding approximately 11,000 apartments and homes.

GuocoLand features its renowned integrated mixed-use development Guoco Tower, as well as Wallich Residences.

The previous GLS site at Lentor Central was sold for $784 million ($1,204 psf per plot ratio, or psf ppr) to GuocoLand i...
24/05/2022

The previous GLS site at Lentor Central was sold for $784 million ($1,204 psf per plot ratio, or psf ppr) to GuocoLand in July 2021. The developer has announced plans to redevelop the site into the 600-unit Lentor Modern.
A joint venture comprising Hong Leong Holdings, GuocoLand and TID was awarded Lentor Hills Road (Parcel A), after the consortium submitted the top bid of $586.6 million ($1,060 psf ppr) in January this year.
If the two newly released plots are successfully sold, it would bring the total supply pipeline of residential units in the Lentor area to about 1,935 homes, says Lee Sze Teck, senior director (research) at Huttons Asia.

The level of developer interest in the two freshly released sites might be more lukewarm than expected, despite developers’ need to replenish their depleted landbanks.

The 99-year leasehold site of 186,001 sq ft at Lentor Central is located right next to the upcoming Lentor MRT station o...
24/05/2022

The 99-year leasehold site of 186,001 sq ft at Lentor Central is located right next to the upcoming Lentor MRT station on the Thomson-East Coast Line. The station is expected to be operational later this year.
The site at Lentor Central is located in the Thomson area that has mostly landed homes, as well as close to nature reserves and parks. Top schools in the area include Ai Tong School, Chinese High School, Raffles Institution, Raffles Girls’ School and CHIJ St Nicholas Girls’ School.

GuocoLand tops bid for Lentor Central site with record-shattering $1,204 psf; price is 7.7% higher than the previous record of $1,118 psf ppr for the Ang Mo Kio Avenue 1 site in May

Address

1 Wallich Street, #31-01 Guoco Tower
Holland
078881

Telephone

+6561001689

Website

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