Private housing prices in the second quarter were up 7.1 percent compared to the same period in 2020, and grew 0.8 percent over the average in the first three months of this year. Sun estimates that the 590 units expected to be built in the 99-year leasehold project can be expected to sell for between S$1,250 and S$1,300 per square foot. The close of the tender for Lentor Hills Road (Parcel A) will be closely watched by developers before they decide to apply for the neighbouring reserve list site, Lentor Hills Road (Parcel B), says Mak.
To aid with the transformation of the area, URA has introduced several land parcels in the area. In an effort to tap on the expertise of future developers to inject a sense of vibrancy to the neighborhood. 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. As one of the neighbourhoods being targeted by URA for development and integration, residents can look forward to fresh amenities over the next 10 to 15 years. Overview of recently transacted condo units surrounding Lentor Hills (Parcel A).
There are several international schools about minutes’ drive from Lentor Modern. Their proximity will potentially attract housing demand from expatriates with school-going children working in the North Region. These include the Gems World Academy, Sir Manasseh Meyer International School and Singapore American School.
One-bedroom units, sized from 517 sq ft start at S$998,000 or S$1,930 per square foot (psf). The three-bedroom ones (from 850 sq ft) start at just under S$1.71 million or S$2,009 psf. The four-bedroom units (from 1,518 sq ft) cost about S$2.83 million or S$1,862 psf, and the five-bedroom units (at 1,690 sq ft), S$3.18 million or S$1,882 psf. The condominium at Lentor Hills Road is a perfect choice for home seekers who desire the privacy and tranquility of an exclusive community. lentor hill residence with 3 gross plot ratios making it one-of-a kind in its class!
“Taken together, these transport connections will support and enhance the larger development plans to transform Woodlands into a key growth hub and thriving employment gateway for the North Region, just like Jurong and Tampines”. The Singapore terminus will be located at Woodlands North and adjacent to the Thomson-East Coast Line (TEL) station. On the Malaysian side, its terminus will be at Bukit Chagar near JB Sentral, a popular shopping destination for many Singaporeans.
Overall, GuocoLand Group has an impressive track record in developing residential properties, and delivering high-quality homes that meet the aspirations of its clients while pushing the boundaries of luxury living in Southeast Asia. TID Pte Ltd is a Singapore-based property development company specialising in developing high-quality residential and commercial properties. The company was established in 1972 as a joint venture between three major corporations, namely Hong Leong Group, Mitsui Fudosan, and City Developments Limited (CDL). Since its inception, TID has been involved in numerous successful development projects both locally and overseas. The Caldecott MRT station will connect commuters to the Circle Line, while the Bright Hill Station will serve as an interchange station with the upcoming Cross-Island Line.