It is expected to house 595 residential units with access to MRT & Lentor Modern Shopping Mall. With a land rate of $1,204 psf ppr, Lentor Modern condo is expected to set a new benchmark in District 26 with an expected average launch price of $2,2xx psf. But at the same time, the land parcel (known as Lentor Hills Parcel A for now) just opposite it was sold at a lower $1,060 psf ppr, which would translate to an expected launch price around $2,xxx psf. This could pose competition to Lentor Modern, and despite it being a purely residential development, it is a short walk from the MRT station. With Woodlands set to become Singapore’s largest regional centre in the not-too-distant future, it will provide a good catchment of tenants. Hence, a development like Lentor Modern could provide first-mover advantage and promising investment potential.
Experience the best of entertainment, dining, and leisure activities right at your doorstep. Nestled in lentor hill residence , Lentor Hills Residences immerses residents in a serene oasis surrounded by lush greenery. Enjoy the soothing embrace of nature with nearby attractions like Lower Peirce Reservoir Park and Thomson Nature Park, perfect for outdoor enthusiasts and nature lovers alike. Lentor Hills Residences provide a plethora of amenities, including a childcare centre, a 50m swimming pool, work pods, and a play zone clubhouse. A unique sky garden bridge connects the sky terraces, offering a continuous amenity deck and a 400m jogging track, providing a perfect blend of comfort, wellness, and recreation. According to Betsy Chng, head of sales and marketing at Hong Leong Holdings, the Lentor Hills Residences aim to inject vitality and foster community in this evolving neighbourhood.
As for your shopping and dining fix, venture a little farther down to Thomson Plaza, Bishan Junction 8 and Ang Mo Kio Hub to get a hold of all your chic lifestyle’s needs. Apart from this, Lentor Modern, an integrated development with commercial spaces is just a stone’s throw away. The mixed-use development offers a wide selection of retail and F&B options, including cafes, restaurants, clinics, childcare facilities and a 10,000 sq ft supermarket. The convenience and availability of such amenities will satisfy the shopper in all of us. It gives proximity where you get a variety of convinces and allows the residents to satisfy their day-to-day needs where you don’t have a venture which is far from the homes. It has a neighbourhood where it has features several schools, a shopping mall, a medical centre, and a recreational sports venue which is a quiet convent for the residents in the place.
This is unsurprising amid the high prices of Certificate of Entitlement (COE) for cars which have exceeded $100,000. These factors, plus developers looking to replenish their depleting land banks, would likely keep land prices firm. As such, some homebuyers may be willing to pay a premium for a mixed-use development due to the convenience it offers.
Both Lower Pierce Reservoir and Bishan-Ang Mo Kio Park are just 6 minutes away by car. The relative lack of amenities in the area should not deter investors and home buyers from laying their bids. On the contrary, this means that Lentor Hills has a high growth potential ceiling.
Please feel free to WhatsApp Me if you have any queries about the real estate market in Singapore. Nevertheless, with Lentor Modern likely to set a new benchmark in OCR, potential homebuyers and property investors may assess the pricing of competing developments coming up nearby. But, as mentioned earlier, those looking for a sharp correction in property prices will likely be disappointed. Moreover, these land parcels are all within a short walking distance to the Lentor MRT. Their favourable locations are likely to attract strong interest from developers, which will underpin property prices. 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.
This site will be the first of five potential new Lentor residential projects to be developed. At the showflat viewing, explore different unit mixes and experience how your future home might be like. The complete floor plans, price list and site plans will be sent straight to you upon release.
Some of them are located at Woodlands Terrace about 20 minutes’ drive from Lentor Modern condo. Some of the products they sell include seafood, poultry, BBQ roast meats, cured meat, pastry, cakes and many more. Lentor Modern, being a mixed-use development, will offer some F&B and retail choices, as well as a supermarket and childcare facilities. Besides these, there isn’t any shopping centres in the immediate vicinity of Lentor Modern condo. Lentor Modern will enjoy vast tracts of greenery with the future development of Hillock Park and Linear Park just a stone’s throw away.
As can be seen, buyers are not resistant to paying a premium for integrated developments. Selected buildings with historical value will be re-purposed for suitable uses to help rejuvenate the precinct. This will further enhance living standards and the desirability of setting up a home in the North Region.