With these 3 key factors supporting the demand and price floor for Lentor Modern, I will recommend this development for investors looking for a steady capital appreciation stemming from the gradual development of the entire area. The fact that the government is changing Lentor Hills into the next new town confirms my expectations that the influx of families will support Lentor Modern condo prices and rents in the middle to long term. Ltd., which is a joint venture between property developers Hong Leong Group and Mitsui Fudosan since 1972. The company is known for its combination of Singapore – Japanese talents to focus on customer satisfaction. TIDR also has a track record of building communities that are welcoming, comfortable, and built to last.
The development is along Lentor Hills Road, a new road that will be serving the future residents that will be making Lentor as their home. The Ang Mo Kio planning zone is top 3 planning areas for the North Eastern Region as the most populous while it is the 0th most populated region overall in Singapore. The Lentor Hills Estate is designed to be a sustainable and pedestrian-friendly neighbourhood in the future. Residents of Lentor Hills Residences at Lentor Hills Road Land Parcel A are expected to enjoy proximity to parks and nature reserves, as well as childcare centre, wide selection of commercial, F&B and retail options. Hong Leong led joint venture won top bid at S$1,060 psf, with GuocoLand and TID.
These expressways provide drivers with fast and convenient access to other parts of Singapore. There are 595 luxurious units at Lentor Hills Residences , ranging from 1 to 4-bedroom apartments to suit the needs of a diverse group of buyers. The landscape of Lentor Hills Residences is also a highlight of the development. The grounds are well-maintained and feature beautiful greenery, making it a pleasant place to spend time outside. There are also walking paths and benches throughout the grounds, providing a nice place to take a leisurely stroll or sit and relax.
I’m pleased that Guocoland has continued to provide the gas hob for their larger units as some other developers have now started to omit it. It’s also impressive that they have gone with a more premium appliance brand in Smeg in an OCR development over more affordable options in the market. The resident’s carpark will be on levels 2 and 3, while visitors to the mall will park in the basement. This means that residents will not be sharing a similar entrance as mall visitors (which is always better).
Green spaces need to be added and made in the North-East to make it easy for people to get to public spaces and parks along the water. In the 2019 URA Master Plan, the Northeast was described as a place where traditional and modern aspects mix with the idea of “Heartland Life.” Many things are being done to bring this part of town back to life. There are several important projects going on in Ang Mo Kio, such as the Thomson-East Coast Line (TEL) and the Cross Island Line (CRL), which will make commuting faster and easier. When they are done, they will add five MRT lines that will make it easier for people to get to work than it was before. Near this residential area, there are a lot of malls and commercial centres with stores that sell things you need every day, like banking, schooling, tailoring, and hairstyling services, as well as places to eat while you shop. In Ang Mo Kio, shopping stores like Thomson Plaza, Jubilee Square, Broadway Plaza, Djitsun Mall, and AMK Hub can be found.
GuocoLand has amassed a portfolio of properties, including in major Chinese cities like Beijing, Nanjing, Shanghai, and Tianjin. As of 31 December 2021, GuocoLand Group’s total assets amounted to around $11.3 billion. The partnership’s strength lies in its ability to offer better solutions, by combining Japanese management expertise with the Hong Leong team’s vast experience. It seeks to incorporate architectural fineness together with quality and creativity into its projects. The GLS (Government Land Sale) tender for this site closed on 18 January 2022 with four bids. The top bid of SGD$586.6 million came from a joint venture of Hong Leong Holdings with GuocoLand and TID.
The development is also close to the Anderson Junior College and the Nanyang Polytechnic. The development is also close to various major wet markets and food centres where future residents will be able to get the fresh market produce as well as economical and delicious local hawker fares from. Some of these venues include the Blk 628 Ang Mo Kio Ave 4 Market and Food Centre, the Blk 160 Ang Mo Kio Ave 4 Food Centre, the Sembawang Hills Food Centre and the Blk 724 Ang Mo Kio Ave 6 Market and Food Centre. For future residents of Lentor Hills Residences, it will mean great connectivity and conveniences with the MRT Thomson East Coast Line right not too far away from the doorsteps. From the Lentor MRT Station it is just 3 MRT stations away in the direction of the North where the Woodlands MRT Interchange Station that also serve the MRT North South Line is. Future residents can also enjoy great accessibility heading down to the downtown core without having to transit to other MRT services line when traveling on the MRT Thomson East Coast Line.
Lentor Hills Residences, district 20 property, is located in one of the most attractive areas exclusively set for residential. The location is perfect for singles, couples and family-oriented individuals looking for spacious housing in a lush setting. Being an old estate, the neighbourhood is also home to some of the luxurious and spacious HBD towns in Singapore, making it perfect for large families.