We’ve compiled a list of new-launch projects that are set to launch this quarter — if you’re shopping for a new home, this list is perfect for you. Please don’t hesitate to reach out to me if you have any inquiries or concerns. Whether it’s about determining your loan eligibility, exploring various options for holding property, or discovering different strategies to generate income through real estate, I am here to assist you. Feel free to connect with me, and I’ll be more than happy to provide you with the information and guidance you need. Factors such as rising land prices, construction costs, overheads, interest rates, low inventory, and high demand contribute to continued price growth. However, government intervention and cooling measures will ensure a gradual increase in property prices for stability and affordability.
The estate’s low population density and the surrounding expanses around nature reserves and parks creating a quiet atmosphere. As a result, the Lentor Hill Residences blends in with its surroundings, establishing a haven from the strains and clamor of daily life. In this area, one can unwind amidst a peaceful landscape that is green, as well as warm winds. Backed by a forested area and facing a landed estate, the location is green, low density and peaceful. There are many nearby parks such as Thomson Nature Park, Lower Pierce Reservoir Park and Ang Mo Kio Town Garden West. Prices for units at Lentor Hills Residences started at around $1,834 psf, and eventually averaged out to $2,080 psf.
I also like how the units are laid out (particularly the 2 bedroom units), and the little details like only having to take one lift from the commercial space to home. The decision isn’t as difficult as Thomson Grove/The Calrose vs. Lentor Modern since Thomson Grove has the inherent advantage of actually being able to hold its land value forever. With the likes of Seasons Park, Castle Green and so on, we see this as a function of its age and lease over anything else. As for Seasons Park and Castle Green, these are long time condos in the area and those who are old enough will certainly know of them.
The total site area of the Lentor Hill Residences is about 17,136.9 square meters and will yield 598 residential units. Just a 3-minute walk to Lentor MRT station, residents will enjoy the benefits of living next to Ang Mo Kio District 20. Furthermore, the fact that it is a new town means there are many investment advantages, particularly in terms of future property prices. For those looking to get in early, Lentor Hills (Parcel A) was awarded to a joint venture between Intrepid Investments, GuocoLand and TID Residential for a tender price.
It takes around 10 minutes to travel to Singapore’s main retail sector, such as Orchard Road. They are also only a 13-minute drive from downtown’s Central Business District (CBD). Significant roadways are nearby, including the Central Expressway (CTE), and the Seller Expressway.
This will give you peace of mind as well as create a safe environment for residents. This will make it easier for residents to travel between their work places and other parts of Singapore. There are also many public transport connections that make it easy for residents to travel around the area without needing to drive.