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HOCK LOCK SIEW

GuocoLand’s foothold in Lentor may be a boon, but there are potential risks

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Kalpana Rashiwala

Kalpana Rashiwala

Published Tue, Apr 25, 2023 · 05:50 AM
    • An artist's impression of Lentor Hills Estate highlighting the two sites currently on the market.
    • An artist's impression of Lentor Hills Estate highlighting the two sites currently on the market. ILLUSTRATION: URA

    GUOCOLAND was dubbed “King of Lentor Hills” this month after being awarded its third 99-year leasehold private housing site in the locale in less than two years.

    The mainboard-listed property group had bagged the first Lentor plot on its own at a state tender by the Urban Redevelopment Authority (URA) that closed in July 2021. 

    It then teamed up with two Hong Leong Group Singapore entities – Intrepid Investments and TID Residential – to win the URA tender for another site in January last year. The new condo project on this site, Lentor Hills Residences, is expected to be launched soon.

    ResidentialSingapore propertyGuocolandHock Lock SiewSingapore residential propertySpotlight

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