The 99-year site, located within the new Lentor Hills estate, covers some 144,714 sq ft and has a gross floor area of 434,140 sq ft. Some 470 residential units can be built on this site.
Yanlord Land Group has teamed up with two other partners to clinch a residential site at Lentor Central for $481 million, or at $1,108 psf ppr.
The other two partners are Forsea Residence, an indirect subsidiary of China Communications Construction Company, and Soilbuild Group Holdings. Yanlord, on its part, is developing this site via its subsidiary, United Engineers.
