GuocoLand-Hong Leong Holdings JV awarded Lentor Gardens GLS site

GuocoLand-Hong Leong Holdings JV awarded Lentor Gardens GLS site

Securing the Future: Lentor Mansion at Lentor Gardens GLS Parcel

In the pulsating heart of Singapore’s real estate realm, a new narrative unfolds with the prestigious Lentor Gardens Government Land Sale (GLS) parcel being awarded to the joint venture of GuocoLand and Intrepid Investments (a wholly-owned subsidiary of Hong Leong Holdings). This landmark development is poised to be launched as Lentor Mansion to redefine luxury living, comprising around 530 units and anticipated for launch in the second half of 2024.

GuocoLand-Hong Leong Holdings JV awarded Lentor Gardens GLS site

The Visionary Bid: Crafting Excellence in Every Detail

GuocoLand and Intrepid Investments secured the Lentor Gardens GLS site with a visionary bid of $486.8 million, translating to $985 psf per plot ratio (psf ppr). The sole bid submitted on April 4, 2023, signifies the confidence and commitment of these industry leaders to create an unparalleled residential experience in the Lentor Hills estate.

A Legacy of Innovation: GuocoLand’s Proven Track Record

Cheng Hsing Yao, CEO of GuocoLand, emphasizes the venture’s strong track record in creating high-end residential projects with innovative concepts. With notable developments like Guoco Tower for Tanjong Pagar and Guoco Midtown for the Beach Road-Bugis area, GuocoLand has consistently demonstrated the capability to transform and uplift neighborhoods. Lentor Gardens marks the third project in the Lentor Hills estate, following the success of Lentor Modern, which witnessed 88% of its 605 units taken up at an average price of $2,104 psf.

Crafting a Residential Masterpiece: Lentor Mansion Unveiled

Dora Chng, General Manager (Residential) at GuocoLand, provides insights into the forthcoming Lentor Gardens development. Envisaged as a high-end residential project, it will comprise around 530 units, featuring a blend of 8-storey blocks and 16-storey towers with sky terraces. An added convenience for families with young children is the inclusion of more than 6,000 sq ft of childcare facilities. This visionary development, known as Lentor Mansion at Lentor Gardens, is set to redefine contemporary living standards and is slated for launch in the second half of 2024.

A Transformational Partnership: Hong Leong Holdings’ Perspective

Loke Kee Yeu, General Manager (Projects) at Hong Leong Holdings, echoes the sentiment of tremendous potential in the Lentor estate. The collaboration with GuocoLand to develop high-quality and distinctive residential homes aligns with their commitment to creating transformative spaces. This collaboration follows the development of Lentor Hills Residences, set to launch soon.

Anticipating the Future

As we anticipate the launch of Lentor Gardens in the second half of 2024, it is clear that Lentor Mansion will be more than just a residential haven. It is a testament to the collective vision of GuocoLand and Hong Leong Holdings to create spaces that transcend the ordinary, setting new benchmarks in luxury living.

Stay tuned for the unveiling of Lentor Mansion at Lentor Gardens, where innovation meets sophistication, and a new era of premium residential living begins.


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