The site at 38 Oxley Road was gazetted for acquisition on Thursday, the Singapore Land Authority (SLA) and the National Heritage Board (NHB) said in a media release.
This follows the gazetting of the site as a national monument on December 12, 2025.
The site was the home of Singapore’s founding prime minister Lee Kuan Yew. It was also where events took place that shaped the country’s independence movement and national history.
“The site was gazetted for acquisition today in order to safeguard and preserve it in keeping with its historic significance and national importance,” SLA and NHB said.
The compensation for the site will take into account its market value as of the date of the gazette of the acquisition and any claims by parties involved.
Preserving and acquiring the 38 Oxley Road site means that it cannot be redeveloped for residential, commercial or other private uses.
Lee Hsien Yang, Urban Redevelopment Authority, National Heritage Board, Lee Hsien Loong, Singapore Land Authority, Lee Kuan Yew#Singapore #acquire #Lee #Kuan #Yews #Oxley #Road #home #preservation1769661102
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