Summary: GuocoLand has fully sold Lentor Modern and Midtown Modern, reflecting keen interest in new projects that blend easy transport access and practical amenities.
Introduction 2: Hello to local families and property watchers. If you are following condo trends, you have likely heard that GuocoLand has achieved 100% sales for Lentor Modern and Midtown Modern. These completed sales hint at the strong appetite for convenient living close to MRT stations and everyday services.
The final apartment sold at Lentor Modern measures 1,130 sq ft and was purchased at $2.4 million ($2,126 psf) on Jan 19, marking the last piece of a 605-unit puzzle. The project was first introduced in September 2022 and attained a complete sell-out within 2½ years of launch, achieving an approximate average of $2,107 psf.
Lentor Modern’s strong take-up echoes the momentum seen at Midtown Modern, which averages about $2,825 psf. This 99-year leasehold at Tan Quee Lan Street forms part of the larger Guoco Midtown integrated project, launched in March 2021 and now fully sold.
Property searches for fresh launches often point to units that provide both comfort and city access. Lentor Modern, with its 99-year lease, comprises three 25-floor residential towers and sits atop a 96,000 sq ft retail space featuring a supermarket, childcare center, and dining outlets. The entire complex connects directly to the Lentor MRT Station on the Thomson-East Coast Line (TEL).
The mall portion of Lentor Modern is more than 50% taken, highlighted by anchor tenants CS Fresh and ChildFirst. This setup lets residents handle daily activities without leaving the development.
Lentor Modern launched first in the Lentor Hills area and received 84% sales on day one. GuocoLand is also part of three more local projects with other partners, showing the developer’s extensive involvement in shaping the neighborhood.
In July 2023, GuocoLand, Hong Leong Holdings, and TID introduced the 598-unit Lentor Hills Residences, which is now 99% sold at roughly $2,099 psf. Another project, Lentor Mansion, saw 75% of its 533 units taken within two days of launch last March and is now 97% sold.
The next project in the pipeline is Lentor Central Residences, targeting a launch in 1Q2025. GuocoLand, Hong Leong Holdings, and CSC Land Group (Singapore) will deliver 477 apartments split across two high-rise buildings.
GuocoLand, with Hong Leong Holdings, is preparing a project at Upper Thomson Road (Parcel B) on a 344,700 sq ft plot. It will hold 941 apartments in five towers and include a portion of the original Upper Thomson Secondary School for a heritage element.
“We appreciate the enthusiastic support for Lentor Modern and our other developments,” says GuocoLand’s Residential Director, Dora Chng. She mentions that Lentor Central Residences could also draw keen buyers, thanks to its short distance from the Lentor Modern mall and MRT station.
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Conclusion: Investors and families shopping for a home may look ahead to more openings in the Lentor Hills estate and Upper Thomson area. As each project sells quickly, buyers can keep an eye on launch dates to snap up available units.