155 views
Photo from Envato Elements

Kingsford Development acquires Lentor Gardens site for $429m

The tender closed on 3 April.

The Urban Redevelopment Authority (URA) has awarded the tender for the Lentor Gardens site to Kingsford Huray Development Pte Ltd (Kingsford Development).

Kingsford Development was the highest bidder in the tender, offering $429.23m or $9,903.10 per square metre (sq. m.).

Zoned “Residential,” the Lentor Gardens site spans 20,639.4 sq. m., with a maximum permissible gross floor area (gfa) of 43,343 sq. m. 

The site was launched for tender on 17 October 2024 and closed on 3 April. It was offered for sale on a 99-year lease term.

Follow the link for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you design and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!