GuocoLand and Hong Leong wins as the only bid for the Lentor Gardens site at URA tender. Their bid price of almost S$985 per square foot per plot ratio psf ppr is the cheapest among the five new sites in the Lentor Hills Estate. Even though their bid is on the low side of expectations, it shows they know how to play it safe and stay competitive. This way, they can set the price of the units at a...
