<div id="readability-page-1"><p>That translates to S$1,277.71 per square foot (US$10,767.46 per square meter) per plot ratio for the 99-year leasehold Lentor Central private housing site in the city-state’s northern side, <em>The Business Times</em> reported.</p><p>Submitted by a consortium comprising GuocoLand, Intrepid Investments and TID Residential—Hong Leong Group’s joint venture with Mitsui Fudosan, the offer was 5.7% higher than the next highest offer of S$621.5 million from Frasers Property, Soilbuild Group and Sekisui House.</p><p>It also exceeded the winning bids for the seven other residential sites previously sold in the Lentor Hills Estate.</p><p>The Lentor Central site measures 171,428 square feet (15,925.8 square meters) and is close to the Lentor MRT station and Lentor Modern Mall. Its tender was launched last December.</p><p>It is &#34;one of the best sites in the estate,&#34; GuocoLand said, as quoted by <em>EdgeProp Singapore</em>.</p><table><tbody><tr><td><img src="https://imageproxy.pbkrs.com/https://vcdn1-english.vnecdn.net/2026/03/05/Screenshot-2026-03-05-110011-1-5608-9991-1772699223.png/query-ZHByPTEmZml0PWNyb3AmaD0wJnE9MTAwJnM9alRORjZqX1NfU0lvc3lVdnRfeTR1ZyZ3PTY4MA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="680" height="486" original-src="https://imageproxy.pbkrs.com/https://vcdn1-english.vnecdn.net/2026/03/05/Screenshot-2026-03-05-110011-1-5608-9991-1772699223.png/query-ZHByPTEmZml0PWNyb3AmaD0wJnE9MTAwJnM9alRORjZqX1NfU0lvc3lVdnRfeTR1ZyZ3PTY4MA"/></td> </tr><tr><td> <p>The Lentor Central site (orange) as seen on Urban Redevelopment Authority's map. Photo from Urban Redevelopment Authority's website</p> </td> </tr></tbody></table><p>The GuocoLand-led consortium plans to develop a project comprising three residential towers of around 27 floors that house up to 562 units if awarded the site.</p><p>The developer said most units would have unblocked views of the landed housing estate, Lower Seletar Reservoir or Lower Peirce Reservoir.</p><p>The project would mark GuocoLand’s fifth residential development in the Lentor area. Previous launches include the 605-unit Lentor Modern, which achieved 84% sales during its launch weekend in 2022, and the 477-unit Lentor Central Residences, about 93% of which were sold during its launch weekend last year.</p><table><tbody><tr><td><img src="https://imageproxy.pbkrs.com/https://vcdn1-english.vnecdn.net/2026/03/05/MixCollage-05-Mar-2026-03-17-P-9741-3799-1772699223.jpg/query-ZHByPTEmZml0PWNyb3AmaD0wJnE9MTAwJnM9dnkzbnlQSUlwMXJncUZkZDUzLUJGZyZ3PTY4MA?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" original-src="https://imageproxy.pbkrs.com/https://vcdn1-english.vnecdn.net/2026/03/05/MixCollage-05-Mar-2026-03-17-P-9741-3799-1772699223.jpg/query-ZHByPTEmZml0PWNyb3AmaD0wJnE9MTAwJnM9dnkzbnlQSUlwMXJncUZkZDUzLUJGZyZ3PTY4MA"/></td> </tr><tr><td> <p>Billionaires Quek Leng Chan (L) and Kwek Leng Beng. Photos by JiJi Press and SPH Media via AFP</p> </td> </tr></tbody></table><p>Quek is Malaysia’s second-richest man with a real-time net worth of US$7.5 billion, according to <em>Forbes</em>. He serves as executive chairman of the privately held Hong Leong Company (Malaysia), whose businesses span finance, food and property.</p><p>His cousin, Kwek, also ranked second on the magazine’s Singapore rich list last September with a net worth of US$14.3 billion shared with his family. He is the executive chairman of Hong Leong Group and Singapore-listed real estate giant City Developments Limited.</p></div>

国浩房地产

丰隆金融

<p>马来西亚亿万富翁郭令灿的国浩房地产与包括丰隆集团在内的合作伙伴赢得了新加坡一块住宅用地的招标，出价为 6.571 亿新元（5.145 亿美金）。这一出价折合每平方英尺 1,277.71 新元，比第二高的报价高出 5.7%。该地块面积为 171,428 平方英尺，计划开发为三座住宅塔楼，最多可容纳 562 个单位，这标志着国浩房地产在 Lentor 地区的第五个项目</p>

亿万富翁堂兄弟的集团以 5.14 亿美元的出价在新加坡住宅用地招标中拔得头筹