<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>

國浩房地產

豐隆金融

<p>馬來西亞億萬富翁郭令燦的國浩房地產與包括豐隆集團在內的合作伙伴贏得了新加坡一塊住宅用地的招標，出價為 6.571 億新元（5.145 億美金）。這一出價摺合每平方英尺 1,277.71 新元，比第二高的報價高出 5.7%。該地塊面積為 171,428 平方英尺，計劃開發為三座住宅塔樓，最多可容納 562 個單位，這標誌着國浩房地產在 Lentor 地區的第五個項目</p>

億萬富翁堂兄弟的集團以 5.14 億美元的出價在新加坡住宅用地招標中拔得頭籌