The Lentor Hills Road Condo (Parcel B) is currently on the URA GLS site reserve list, it is expected to be up for tender in September 2021.

This condo is located very near to the upcoming Lentor MRT (Thomson-East Coast Line), It is expected to yield about 265 units.

The Lentor Hills Road Condo (Parcel B) Factsheet

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The Lentor Hills Residences is located along Lentor Hills Road. It was the Lentor Hills Road Condo (Parcel A). This is a government land sale which was awarded to the developers of Hong Leong, Guocoland and TID.

This condo is located very near to the Lentor MRT (Thomson-East Coast Line TE5), It offers a total of 598 units of 1 bedroom to 4 bedrooms. Dual key units are available too which is something rare to have.

The Lentor Hills Residences Factsheet

Awarded to Hong Leong, GuocoLand and TID

On 18 January 2022, the top bid of $586.6 million came from a consortium made up of Hong Leong Holdings, GuocoLand and TID (a joint venture between Hong Leong and Mitsui Fudosan). The price worked out to $1,060 psf per plot ratio.

Nicholas Mak, ERA head of research and consultancy, reckons that the bid of $1,060 psf ppr for the Lentor Hills Road Parcel A, being lower than the $1,205 psf ppr at Lentor Central, provides “a comfortable margin” for GuocoLand. “The new condominium on this new site could be launched in the future at $1,950 to $2,050 psf,” he says.

The Lentor Hills Estate is designed to be a sustainable and pedestrian-friendly neighbourhood in the future. Residents of the new development at Lentor Hills Road 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.

Discover a habitat beyond the boundaries of the familiar.
An elevated terrain along Lentor Hills, experience the perfect balance of three distinct worlds – the lush, the refined, and the central.
The lush: Acres of pristine nature in your backyard and a majestic conserved Pulai tree at your doorstep.
The refined: Modern architecture with premium residential units and urban landscapes.
The central: The Lentor MRT Station is just around the corner, glorious lifestyle and food haunts everywhere with acclaimed schools nearby and a thriving growth region in your midst.

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Ang Mo Kio Avenue 1 Condo (AMO Residence) is located adjacent to the public housing estate of Kebun Baru and the landed housing estate of Shangri-La Park. This land parcel is currently on the confirmed tender list and it is estimated to yield about 370 units.

Ang Mo Kio Avenue 1 Condo Factsheet

AMK Ave 1 GLS awarded to UOL on 25 May 2021

This Ang Mo Kio Ave 1 GLS site saw 15 bidders and UOL emerged as the top bidder with $1,118 psf per-plot-ratio. By looking at the bids for this land, it explains the attractiveness of the land parcel that is very close to the MRT station. The level of bidding among developers showed their confidence and any restriction induced by the pandemic is temporary.

Pent-up Demand

There is potentially pent-up demand in Ang Mo Kio area as the last project was seven years ago. Furthermore being situated in a mature HDB estate is likely to provide a sizeable pool of HDB upgraders. It is minute’s walk to Mayflower MRT station which is slated for completion in 3Q 2021. It is near vast stretches of greenery like Bishan-Ang Mo Kio Park and Lower Pierce Reservoir.

Ang Ko Kio Avenue 1 Condo is also located within 400m of the upcoming Mayflower MRT station, which is along the Thomson-East Coast Line. The Thomson-East Coast Line (TEL) will bring residents in the east and along the North-South Corridor closer to a train station and hence giving them faster access to the city.

Mayflower Station of the Thomson East Coast Line Stage 2 is expected to be completed by Q3 2021. By then, it provides future residents with good connectivity to Woodlands Regional Centre, the Central Business District and the East Coast Region. Furthermore, this station will be ready before the condo is ready for its key collection.

This condo will also be well connected to major arterial roads and expressways such as the upcoming North-South Corridor (NSC), The Central Express (CTE) and Upper Thomson road. The residents are able to travel to the different parts of Singapore at ease, especially the North South Corridor.

North South Corridor features dedicated bus lanes, cycling trunk routes and pedestrian paths, providing convenience to the public bus commuters, active mobility users and pedestrians. Once completed, it will directly connect the Northern region and the city centre.

It is within easy access to recreational and educational facilities such as the Bishan-Ang Mo Kio Park, Windsor Nature Park, Mayflower Secondary School and Eunoia Junior College.

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Lentor Central Condo Factsheet

Lentor Central Condo is located within the new Lentor Hills Estate. It has a site area of 17,279.9 sq m and a maximum gross floor area (GFA) of 60,480 sq m. This 99-year leasehold site, which is located next to the upcoming Lentor MRT station on the Thomson-East Coast Line, is expected to yield about 605 units.

Lentor Central Condo is part of the new Lentor Hills Estate, which is set within a predominantly private housing area in Ang Mo Kio Planning Area. It is bordered by Lentor Estate to the north, Teachers’ Housing Estate to the south, Sindo Industrial Estate to the west and a mix of private and public housing to east.

Mixed Development

This Condo will be a mixed development which features approximately 8,000 sqm of Commerical spaces. These are intended to provide amenities, such as retail shops and a supermarket to serve the surrounding community.

Probably this is the best location to consider for your next home as it will be directly connected to Lentor MRT station on the Thomson-East Coast Line (TEL). Additionally, well connected to major arterial roads and expressways such as the upcoming North-South Corridor (NSC). The residents of Lentor Central Condo will have more transport options when the TEL and NSC are ready in operation.

Furthermore, this condo is within easy reach to recreational facilities such as Thomson Nature Park, Yio Chu Kang Stadium & Sports Complex, and educational institutions such as Presbyterian High School, Anderson Primary School, and CHIJ St Nicholas Girls’.

When the Lentor Station is expected to be completed in Q3 2021, it provides future residents with good connectivity to Woodlands Regional Centre, the Central Business District and the East Coast Region.

GuoccoLand Won The Tender Bid

 it awarded the tender for Lentor Central site to GLL D Pte Ltd. This comes nearly a week after the tender closed with nine bids. GLL D, an indirect subsidiary of GuocoLand, submitted the highest bid in the tender for the site – S$784.1 million or S$1,204 per square foot per plot ratio (psf ppr)

GuocoLand’s proposed scheme for the Lentor Central plot envisions a mixed-use, transit-oriented development of 25 storeys with around 600 residences. There will also be food-and-beverage and retail spaces, including a supermarket and more than 10,000 square feet for childcare facilities.

My Feel:

For such location, it will attract homebuyers from around The Central, North-East and Northerners. Given that it is a mixed development with commercial space on the first storey, homebuyers are able to enjoy the great convenience and better rental yields.

Contact:

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