Guocoland’s vision for Lentor is an ambitious one – to transform the area into a desirable private residential estate, complete with amenities, nature and transport connectivity. But looking at their track record so far, they have proven themselves capable of doing so, successfully revitalising Tanjong Pagar (Guoco Tower, Sofitel City Centre and Wallich Residence all-in-one) and then Bugis (Guoco Midtown and Midtown Modern).
It’s almost unheard of for private developers to shape a residential area in recent years single-handedly but Lentor was one such opportunity. While Guocoland is not the official Master Developer for this area, I would argue that they are the de facto one.
URA’s plans to rejuvenate the Lentor estate have been in the works for more than a decade now, having first been revealed at a public exhibition for the Draft Master Plan 2013. In the years that followed, URA released plans to develop a new Lentor Hills estate in their 2019 Master Plan, with new homes enjoying Hillock Park at its centre while having enhanced convenience with Lentor MRT’s completion. Of the 6 GLS sites to be sold, Guocoland, Hong Leong and CDL have won 5 of them. While run as separate entities, you may possibly know that Quek Leng Chan (Chairman of Guocoland and Hong Leong Malaysia) and Kwek Leng Beng (Executive Chairman of CDL and Hong Leong Singapore) are first cousins.
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