605 units of mixed-use development is just a stone’s throw away and about 5 minutes from Lentor MRT Station

SOURCE: https://www.lentor-modern.sg

Lentor Modern parcel is located in the Northern Region of Singapore, close to Florissa Park, Lentor Drive and Yio Chu Kang Road, It lies within the borders of Ang Mo Kio, Thomson, Yishun, Sin Ming, Central Water Catchment and Bishan.

The Lentor Modern land cost bid made by GLLD. is S$784.1 mil, or S$1,204 for each square foot for plot ratio (psf ppr).

The plot measures 17,279.9 square feet or 186,001 square meters in size. It has the plot’s size ratio of 3.5 and the maximum gross floor area of 60,480 m2 or 651,003.5 sq ft. The site will be used for private dwellings with commercial components at the top. It is anticipated that the Lentor Modern is envisaged to begin construction in the second quarter of 2022.

A bid to purchase the site was announced by URA on April 15, 2021. The bid ended on the 22nd of July 2021.

It is the site size of 185,139 square feet . It is planned to be transformed into a mixed-use development that will include about 605 homes and an area of 86,100 square feet for commercial. The land parcel is located in Lentor Central is just 3 to 5 minute walking distance from the upcoming Lentor MRT Station, on Thomson East Coast Line (TEL).

Lentor Modern Condo is a just a stone’s throw away and about 5 minutes from Lentor MRT Station. The residents of the new Lentor Modern Condo will enjoy quick and easy commutes to City region and different areas of Singapore by using the public transport system. This condominium is just only a few steps away from Lentor MRT Station. It will be completed by the year 2020. In the next few years, residents will have gain access to the Thomson East Coast Line and enjoy a fast and efficient commute to City region and different regions of Singapore using the public transport system. With Thomson East Coast Line Thomson East Coast Line, future residents have to travel seven stations before reaching Orchard MRT Interchange. Orchard MRT Interchange which operates as well as on the North South Line.

For food, shopping entertainment, and leisure facilities, Lentor Modern Condo residents are able to go to Thomson Plaza where numerous retail establishments and restaurants are on hand to meet the needs of residents. Additionally, they can go for a quick drive towards Ang Mo Kio Hub located in Ang Mo Kio Town Centre. There are several restaurants that are located in the shops on Sembawang Road.

Local schools that are close to the new condo in Lentor Modern Condo include CHIJ Saint Nicholas Girls school (Primary), Ai Tong School, Ang Mo Kio Primary School, Mayflower Primary School, Peirce Secondary School, Bishan Park Secondary School, Mayflower Secondary School, Saint Nicholas Girls’ school (Secondary), Ang Mo Kio Secondary School, and Yio Chu Kang Secondary School.

Facilities include the infinity pool spa, lap pool fitness and yoga spa and gym sundeck, clubhouse, barbecue pits, pool bar the dining pavilion, the outdoor space, leisure gardens, reading cove, functional room, walking trail and much more. From the stunning gardens to the vibrant colours that fill the streets, this is evident in everything that happens in the area. Every moment must be enjoyed, thought about and cherished.

The key selling points for your product are

  • It is nestled around the boundaries of Ang Mo Kio, Thomson, Yishun, Sin Ming, Central Water Catchment and Bishan.
  • It covers the site size of 185,139 square foot and will be transformed into a mixed-use development comprising approximately 600 residential units and the commercial space of 86,100 square foot.
  • This parcel of land located in Lentor Modern Condo is a just 3 to 5 minute walking distance from the upcoming Lentor MRT Station, on Thomson East Coast Line (TEL).
  • An exclusive residential site located in Lentor Modern Condo, about 3 minutes’ walk from the upcoming Lentor MRT Station

GuocoLand is part of Malaysia’s tycoon Quek Cheng’s Hong Leong Group. The price of their bid will be 4.5% higher than the second highest bid of S$750 million, at S$1,152 per sq ft ppr, offered by a consortium consisting of Hong Realty, TID Residential and Intrepid Investments. Kwek Leng Beng who is Quek Leng Chan’s cousin is the director of his company, the Hong Leong Group Singapore, comprising the three companies.

Plans are in place to transform The Lentor Central GLS site to a mixed-use 25-storey development, which will comprise around 605 housing apartments as well as commercial first-floor. Alongside F&B and retail stores as well as the possibility of a grocery store as well as a childcare facility that is 10000 square feet.

Due to the booming HDB resales market and the increasing demand for HDB resales, the market will see more HDB upgraders weighing Lentor Modern to be possibly one of their choices. Additionally, there are less large-scale launch of new condominiums in 2022, so an increase in demand in Lentor is to be expected. The most recent new condo launch included 421 units in The Calrose in the year 2005.

Educational Institutions:

The top schools in the region include Ai Tong School, Chinese High School, Raffles Institution, Raffles Girls’ School and CHIJ St. Nicholas Girls School.

Amenities:

Lentor Modern Singapore condo Lentor Modern Singapore condo is located close to a variety of green lungs, which include Bishan as well as Thomson Nature Parks, Lower Peirce Reservoir Park, Lower and Upper Seletar Reservoir Parks. It makes the site an appealing option for residents in the Thomson region.