Lentor Modern Developer
The site will be developed as a three-tower mixed-use development with 600 residential apartments, commercial, food and beverage, and retail space on the ground level.
With the highest bid of $784.1 million, GuocoLand was chosen as the winning bidder for the new condo at Lentor Central. The land charge is $1,204 per square foot per plot ratio, or $12,964.83 per square metre of gross floor area.
Since 1978, GuocoLand Limited, a prominent real estate developer headquartered in Singapore, has been listed on the SGX. In Singapore, Malaysia, and lately Australia and the United Kingdom, the regional property developer has set up shop. Property investment, development, management, and hotel operations are the company’s main services. The firm has acquired an array of assets ranging from hospitality, residential, retail, commercial, and integrated developments with a focus on scaleability, growth, and sustainability.
Developer Track Record
Sims Urban Oasis
The prime residential property with 1024 units is Sims Urban Oasis by GuocoLand. The project is near to a variety of amenities due to its strategic location at Aljunied Road and Sims Drive. Kallang Riverside, CBD, and Paya Lebar Sub Regional Centre are all within 350 meters of Aljunied MRT Station. The facility meets everyone’s needs with easy access to amenities.
The Waterline, located in a private area off Yio Chu Kang Road, is also owned by GuocoLand Ltd and developed exclusively for them. Hougang 1, Hougang Mall, and Nex Shopping Mall are all within close proximity to The Waterline. Serangoon Junior College, Montfort Secondary School, and Rosyth School are just a few of the well-known schools nearby. Commutes within and outside the neighborhood are made easier by the nearby Serangoon MRT Hub and important expressways like KPE and CTE.