The parties want to build a residential neighborhood with about 470 apartments on the 144,714 square foot land.
SINGAPORE – Real estate developer Yanlord Land Group announced on Monday that one of its indirect subsidiaries, together with two other parties, had been granted a residential site tender in Lentor Central for $481 million, or $1,108 per square foot per plot ratio (psf ppr).
UED Alpha, a wholly owned subsidiary of Yanlord’s United Engineers, filed a bid for the building contract with Forsea Residence and Soilbuild Group Holdings.
The parties intend to build a residential complex with about 470 apartments on the 144,714 square foot lot, which is located within the recently created Lentor Hills estate. This property’s maximum gross floor space is about 434,140 square feet.
Tanglin Land, which is owned and operated by CapitaLand Development, submitted the second-highest bid of around $1,069 psf ppr.
GuocoLand and Intrepid Investments worked together to make the lowest proposal, which was over $1,038 psf ppr.
While land prices continue to rise, you may choose to explore Lentor Hills Residences on Lentor Hills Road. Guocoland and TID Residential are working together to create Lentor Hills Residences. It is next to a mixed-use development adjacent to the Lentor station. Please phone 61003487 for more information on the Lentor Hills Residences Floorplan and Prices.
If you are eligible, you can also look into Tenet EC. Tenet is a new executive condominium on Tampines North Street 62. The property is only a few minutes’ walk from the upcoming Tampines North MRT station. Qianjian and Santarli collaborated on the development. Please contact the developer sales team at 61003487 for further information about tenet location, tenet price, and tenet floorplan.
The Reserve Residences are in a beautiful and well-connected neighborhood close to the busy CBD. While it has many conveniences, you can also get to more significant amenities. Everything is within walking distance of The Reserve Residences, allowing families to play and work close to home.
When it comes to transportation, The Reserve Residences is connected to various lines, allowing for easy travel. A short walk away is Beauty World MRT, which runs on the Downtown Line and delivers residents to the CBD in a matter of minutes. It’s also connected to Bukit Timah Road, Dunearn Road, and major expressways including the BKE, PIE, and KJE.