For Sale - Commercial, Condominium, Residential, Shop
Lentor Central Condo Factsheet
Project | Lentor Central Condo |
Developer | TBA |
Units | est. 605 units |
Storey | TBA |
Type | Residential with Commercial at 1st storey |
Site Area | est 17,279.09 m² |
Maximum GFA: | 60,480 m² |
Commercial Space | est. 8,000 m² |
Gross Plot Ratio | 3.5 |
Lease Period | 99 Years |
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.