Half of Lentor Hills Residences units sold on launch weekend at average of S$2,080 psf

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The site was near to the Lentor Central site that was launched during the 2021 Government Land Sale exercise which had garnered much interest from various real estate developers. The site of Lentor Hills Residences is right in the upcoming residential estate that is located conveniently near an upcoming MRT Station and is within a hillock previously. This new neighbourhood will be featuring upcoming parks, cycling and pedestrian connectivity from the MRT station to the Teachers Estate. There will also be future commercial amenities constructed to serve the residents here. Lentor Hills Residences is an upcoming residential development that is located in District 26, North East Region of the island. This development resides in the Ang Mo Kio Planning Zone under the Urban Redevelopment Authority’s Master Plan.
The 11 properties made up over 400 units or 150,694 sq ft throughout Tokyo, Nagoya as well as Fukuoka. The information you have provided will solely be used for responding to your enquiries or sending property related marketing information to you. All floor areas are approximate measurements only and are subject to final survey. The materials and finishings to be used are subject to changes and availability. All information and specifications are current at the time of publication and are subject to change as may be required and do not form part of an offer or contract. During his third visit, he was accompanied by fellow MP, Dr Vivian Balakrishnan, and LTA’s chief executive, Chew Hock Yong.
The other immediate surrounding resale developments are mostly leasehold and very old in nature. While it has moved past its previous high, it looks clear that those concerned with capital appreciation should stick with the freehold option at this stage, assuming purchasing an old condo is an option. It’s never so straightforward to find a much cheaper and better freehold condo nearby, otherwise, a developer would not go ahead with such a purchase since their new pricing wouldn’t make sense. The decision here boils down to your lifestyle choices and whether you intend to hold it for the long haul. There are 6 other resale developments in the immediate surrounding to Lentor Modern. The closest two are Thomson Grove and The Calrose which happens to be the two only freehold developments in the immediate vicinity.
One way is to look at the average psf price of new sale transactions of 99-year projects in the RCR in 2023, which is currently around S$2,441. Residents living in Lentor can enjoy the convenience of the Thomson-East Coast line, which brings commuters to Orchard in 18 minutes and the CBD in 25 minutes. What’s more, the upcoming mixed-use development Lentor Modern nearby will have around 50 shops, including restaurants and cafes, as well as a supermarket and childcare centre. There are also a plenty of green recreation spaces that will appeal to nature buffs and fitness enthusiasts. There is the nearby Lower Pierce Reservoir which presents charming views of the secondary forests, hiking trails and the tranquil boardwalk where visitors can seek respite from the hustle and bustle of urban living. Future upcoming park connectors in the area will link residents to Ang Mo Kio Town Garden West as well as the Bishan-Ang Mo Kio Park.
You can contact the Lentor Hills Residences developer team directly here to get the best prices possible. With a strong potential for a decent profit and a fantastic location to boot, here’s what makes Lentor Hills Residences a good pick if you’re looking for a condo this year. The ABSD rise, according to Lee, can be understood as a type of wealth tax intended at restricting the entrance of “hot money” into the real estate market. According to Ong Teck Hui, senior director of research and consultation at JLL Singapore, collective sales in Singapore totaled only $127.3 million the prior year.
The development features a 99 years leasehold development located along Lentor Hills Road. Located in District 20 of Singapore, Lentor Hills Residences is situated in the northern part of Singapore. Here in District 20, it is one of the pricier districts within the northern classification as it is located close to the central region. In fact, district 20 is just next to the Core Central Region of Singapore’s District 11. Citizens can enjoy excellent ease to access to the north, east, central, and also southern parts of Singapore. Geographically, it is located nearer to the centre of Singapore hence commuting time to the various area will not take long.
Despite the fact that unsold inventories reached an all-time low of around 15,000 units at the end of November, collective sale activity grew in the fourth quarter of 2021. The majority of the properties sold, according to Song of CBRE, were modest to medium-sized residential sites. Because of the additional buyer’s stamp tax or ABSD of 25% (plus 5% non-remittable ABSD) levied in July 2018 if all units were not sold within five years, developers were cautious to commit to large projects. The reconstruction of the former Flynn Park apartment in Pasir Panjang is another prospective new launch to keep an eye on. The land will be transformed into a brand new condominium complex with 800 units.
Residents will have convenient access to a supermarket and retail mall at the adjacent Lentor Modern development. Lentor Hills Residences is a condominium within Yio Chu Kang estate, together with the area’s unique mix of HDB flats, light industrial buildings, landed houses, recreational parks and diverse educational institutions. Sited just a short drive to the North-South Corridor, residents can quickly reach the city and to Woodlands within 30 minutes.
Spanish brand Roca and German brand Hansgrohe will provide the tap and shower mixers, shower set and wall-hung w/c amongst others and there is no question about their quality given their established history. This size is great for a 2 Bedroom unit, as it gives you the flexibility of indoor/outdoor space. The living area is pretty standard in size on paper but it feels bigger in person than you might think. Of course we always have to note the tiny TV console here (and the entrance to the common bedroom does mean that you are limited to the size of the TV you can buy), but by and large most buyers should be happy. Starting from the entrance, you will find the DB box and cabinets built-in by your left. It’s not going to be able to house a massive number of shoes, but you do have some space along the corridor to get a shoe rack in.