Lentor Central Residences, a new 477-unit development in the upcoming Lentor Hills neighborhood, will be unveiled to the public on Feb 21. Developed jointly by Hong Leong Holdings, GuocoLand and CSC Land, the project is expected to go on sale on March 8.
Located in District 26, this is the sixth new launch project in Lentor Hills. The development consists of two high-rise residential towers, one 27 storeys and the other 28 storeys. It will offer a range of one to four-bedroom units, with sizes ranging from 463 sq ft to 1,399 sq ft.
Interested buyers can find out more about available units and pricing for Lentor Central Residences. According to the developers, the one-bedroom units will start from $975,000 ($2,110 psf), while the two-bedroom units will start at $1.38 million ($2,050 psf). For larger units, the three-bedroom units are priced from $1.81 million ($1,984 psf), and the four-bedroom units will start at $2.37 million ($2,000 psf).
The development boasts a range of amenities, including a 50-metre infinity-edge pool, a 25-metre lap pool, leisure pools, a spa pavilion, and a massage pool. It also offers a child-care centre, a children’s playground, a resident’s clubhouse, a gym, a yoga room, and a tennis court.
One of the key selling points of Lentor Central Residences is its convenient location. It is within walking distance of Lentor MRT Station and the upcoming Thomson-East Coast Line, making it easy for residents to travel to the city centre. It is also close to retail and dining options at Lentor Modern, Thomson Plaza, and eateries in the nearby Springleaf estate.
When it comes to investing in Singapore’s property market, it is crucial for foreign investors to have a good grasp of the regulations and limitations in place. In comparison to landed properties, foreigners have more leeway in purchasing condominiums as the ownership rules are not as stringent. Nonetheless, foreign buyers are still subject to the Additional Buyer’s Stamp Duty (ABSD), currently set at 20% for their initial property acquisition. Despite this added expense, the steadfast and promising potential for growth in Singapore’s real estate market continues to lure foreign funds. With this in mind, it is evident that investing in a condominium in Singapore can be a wise move for foreign investors.
Betsy Chng, head of sales and marketing at Hong Leong Holdings, believes that Lentor Hills is an up-and-coming district that will see significant growth. She says, “Together with our partners, we are realising a vision of premium homes that are sensitively priced, where units are sold based on liveable space.”
Interested buyers can visit the sales gallery on Lentor Hills Road to find out more about the development. They can also check out other available listings for Lentor Central Residences properties, and compare the price trends of condo and executive condominium (EC) new sales. The total number of units in Lentor Central Residences is 477, providing ample options for homebuyers looking to make a purchase in this sought-after district.