Residential GLS Sites at Lentor Hills Road and Jalan Tembusu Launched For Sale Market Trends

Together with the Lentor Hills (Parcel A) site that will offer 595 units, they are expected to add another 1,860 units (estimated) to the area. Lentor Modern’s landscape design is centred around the concept of wellness with nature, which plays a substantial role in the entire development, and also offers tailored spaces for enjoyment, relaxation, and wellness. lentor residence price is located at Lentor Central and it will be linked directly to the Lentor MRT station on the Thomson-East Coast Line (TEL).

It is close to the Nature Reserve, major expressway – Seletar Expressway and many eatries at Upper Thomson Road. For an update on Lentor Modern condo or the other developments, please feel free to WhatsApp Us. Compared to District 26 (Upper Thomson/Springleaf), it has remained a rather “sleepy” housing estate and the Thomson-East Coast Line (TEL), which comprises of five stages, only started construction in 2014. So far, only Stage 1 and 2 stretching from Woodlands North to Caldecott have started operation in January and August 2021 respectively. As can be seen in District 26 where Lentor Modern is located has underperformed. Over the past 20 years, prices have appreciated 134.1% compared to 169.6% and 172.6% for District 18 and District 20 respectively (see chart below).

Students opting for the polytechnic route can gain access to a bevy of courses at Nanyang Polytechnic (NYP). Bishan-Ang Mo Kio Park is also known for its characteristic sloping grassy banks. Complete with wheelchair-accessible play areas and well-maintained tracks, the park’s inclusive facilities makes it perfect for anyone to get some fresh air or work up a sweat.

Schools in the area include Presbyterian High School, Anderson Primary School, and CHIJ St. Nicholas Girls School. The future mixed-use development at Lentor Central will add to the neighbourhood amenities. This clearly illustrates that developments near or are integrated with MRT stations, like Lentor Modern, potentially offer a higher rate of capital appreciation. Meanwhile, let’s analyse the price performances of two mixed-use developments in nearby Yishun (District 27) – Nine Residences and North Park Residences. This can be seen from the recent land tenders for the Dunman Road and Pine Grove (Parcel A) sites that were sold at $1,350 psf ppr and $1,318 psf ppr respectively. Located in the Rest of Central Region (RCR), such land rates would translate to an average lauch price around $2,4xx psf.

This corridor will stretch from Woodlands Regional Centre to the redeveloped Sembawang Shipyard, the future Seletar Regional Centre, and Punggol Digital District. More live, work and play nodes are in the pipeline for residents in this thriving growth region. With its prime location, excellent accessibility, and wide range of amenities and facilities, Lentor Hills Residences is the perfect choice for those looking for the best of both worlds of city living and a peaceful retreat. Lentor Hills Residences is a new launch condo development that is situated in a serene and green neighborhood in District 26. Living near an MRT station like Lentor MRT could mean being close to some host of amenities. From malls to dining options and entertainment facilities, things are in easy reach for Lentor Hills Condominium residents.

But do note that these prices are not set in stone and subject to the final approval and changes of developers. “This is likely a record land rate for an EC site under the government land sales programme,” said Christine Sun, vice president of research and analytics at property consultancy OrangeTee. Sun noted that the bid smashed the previous high price of $603 per square foot of built area in an Executive Condominium project set by Taurus Properties in June of this year. But when all five stages are completed by 2025, they will help to spur the development of the North Region, with Woodlands set to overtake Tampines as Singapore’s largest regional centre. The development of TEL will also improve accessibility and bring more vibrancy to the area. Ultimately, this will drive up demand for housing, which will boost property prices in the process.