He expects Parcel A could attract many bids from developers, and the top bid could even exceed the record high set by the nearby Lentor Central GLS site. As of August 2021, there are only two new condo projects in the area with unsold units. Amber Park has only 130 units left unsold while Coastline Residences has 26 units remaining, says Nicholas Mak, head of research and consultancy at ERA Realty. What is important is if you as a potential investor manage the risk that you would like to take. Sg Home Investment offers unbiased property reviews, guides and market research to enable buyers make informed decisions. According to a recent survey by Edgeprop, many property buyers are willing to pay more for connectivity and conveniences, such as near an MRT station, supermarket and food choices.
The RTS is expected to be completed in end-2026 and is part of the exciting transformation of the North Region (more on this below). Lentor Modern will be planned around an existing hillock, which will feature new parks, seamless pedestrian and cycling connectivity between Teachers Estate and Lentor MRT station, as well as commercial amenities to serve the community. Lentor Hills Road (Parcel A) was sold to a consortium comprising Hong Leong Holdings, GuocoLand and TID and it is expected to yield about 595 units.
Today, it’s fully sold and we can’t wait to have more Real Estate in this area as government quickly followed up with 2 more plots at Parcel A and B. lentor hill residence and one north areas are among Singapore’s top investment hot spots for it’s potential high capital gains and strong rental demand. I’m definitely paying attention to the development plans for this unique project which prioritised concept proposals over price. At a land cost of $1,028 psf ppr,it works out to an estimated breakeven of $1,658 psf ppr.
Lentor Hills Road is part of the growing number of new HDB towns that are required to allot space for electric vehicle charging stations. This is part of an initiative by URA and the Land Transport Authority (LTA) to deploy 60,000 EV charging points across the country by 2030, with the possibility of more chargers being installed should demand increase in the future. Drivers also have access to Central Expressway (CTE), Seletar Expressway (SLE), and the upcoming North-South Corridor (NSC).
These initiatives create a sense of community and connection, while promoting sustainability and urban development. All of the Lentor Hills residence floor plans caters to diverse needs, further improving the advantages of living near Lentor MRT. Whether you’re a single professional or perhaps a growing family, you can find a layout that meets your way of life while experiencing and enjoying the capability of the place. Jim Tay is a Singaporean, and a graduate of his country’s top university, the National University of Singapore.
Request for the e-brochure containing all the available floor plans, price list and additional project details. Whether you’re an investor looking for another great local residential property to invest in or you’re thinking of settling your family down in one of Singapore’s highly sought-after districts. Situated within the wider Ang Mo Kio locality, Lentor Hill Residences can be found along Lentor Hills Road in District 26. Being the second new launch in this new lentor site, this residential complex is poised to create a significant impact in the surrounding community. Surrounded by verdant foliage and bordered by numerous parks, Lentor Hill Residences provides a tranquil sanctuary for residents seeking respite from the hustle and bustle of urban living.
GuocoLand Ltd is one of Singapore’s most well-known brands, and it has been around since 1978. Hong Leong Holding is a company that strives to provide high-quality living spaces for people around the world. TID, the joint venture between two leading property developers in Singapore has set out to add top-notch properties that exceed industry standards.
From luxurious living spaces and convenient location to an array of amenities that will meet even your most demanding needs. The enthusiastic bids for the pair of sites come as the URA’s latest figures indicate growing strength in Singapore’s residential market with the city continuing to recover from the pandemic. Units in the Lentor Central Project are expected to sell for around $2,000 per square foot, which would set a new benchmark for the up and coming area, according to Edmund Tie’s Lam.