Lentor Central New Condo

 

ABOUT LENTOR CENTRAL NEW CONDO

Lentor Central New Condo is located close to Ang Mo Kio, and adjacent to Yio Chu Kang Road. It is surrounded by different high rise private housing and condominiums like Seasons Park, Far Horizon Gardens, Castle Green, The Calrose and Thomson Grove plus a lot more.

Lentor Central New Condo is a renowned non-landed residential development that comes in 1.72 estimated land areas and 3.5 Gross Plot Ration (GPR) for more or less estimated residential units, at least. 8,000 unit for commercial spaces and the expected date of availability is December 2020.

 

About the Land Tender

Nine offers were received for the Lentor Central Government Land Sale (GLS) property. GuocoLand made the top offer of $784.1 million, equating to a land cost of $1,204 per square foot per plot ratio (psf ppr).

In a statement, GuocoLand says, “If we are awarded the site, we envision a new mixed-use, transit-oriented development of 25 storeys with around 600 residences that will benefit from the convenience of having a substantial amount of commercial, F&B, and retail spaces, including a supermarket and more than 10,000 sq ft of child care facilities.”

The price was 4.5 percent higher than TID Pte Ltd and Hong Leong Group, a joint venture between Japanese developer Mitsui Fudosan and Hong Leong, who placed the second highest offer of $1,152 psf ppr.

The winning offer of $1,118 psf ppr for the Ang Mo Kio Avenue GLS contract, which ended in May 2021, is likewise 7.7% higher than the highest bid of $1,204 psf ppr.

The developers’ strong confidence in the suburban residential market, which has been exhibiting indications of pent-up demand despite decreasing supply and a dearth of fresh launches in the OCR [Outside Central Region], is reflected in the response to this tender, according to Ismail Gafoor, CEO of PropNex.

The 186,001 sq ft 99-year leasehold property at Lentor Central is immediately adjacent to the Thomson-East Coast Line’s planned Lentor MRT station. The station should be operating by the end of the year. According to Nicholas Mak, ERA director of research and consulting, the property drew nine bids in part because of its closeness to the MRT station.

The location would be connected to the Lentor MRT station, according to GuocoLand. A GuocoLand spokesperson adds, “Residents enjoy direct access to the Thomson-East Coast Line, which brings them to Botanic Gardens, Bukit Timah, Orchard Road, Marina Bay, and all the way to East Coast.

The Lentor Central property is in a Thomson neighborhood with mainly landed houses and is near to natural reserves and parks. Chinese High School, Ai Tong School, Raffles Institution, Raffles Girls’ School, and CHIJ St Nicholas Girls’ School are some of the best schools in the region.

Mark Yip, CEO of Huttons Asia, adds, “It’s certainly the finest site in the 1H2021 GLS program.” “Because of the strong HDB resale market, more HDB upgraders will be searching for alternatives in the market in 2022, and there will be few new mass market condo launches.”

 

LENTOR CENTRAL NEW CONDO LOCATION

 

Lentor Central New Condo is about a maximum of 5 minutes walk to the impending Lentor MRT Station right in TEL or Thomson- East Coast Line around areas of the Northern Region of Singapore.

Stood in the latitude of North- 1.3915° or 1° 23′ 29.4″ and longitude East – 103.8373° or 103° 50′ 14.4″.

Lentor Central New Condo nestled just around the boundaries of Ang Mo Kio, Thomson, Yishun, Sin Ming, Central Water Catchment and Bishan.

 

TRANSPORT AT LENTOR CENTRAL NEW CONDO

• TE5 Lentor MRT Station – Bus ; 969, 858, 857, 854,852,851
  
• North-South Expressway
  
• Lentor MRT Station
• Lentor Ave (55289)
• Lentor Ave (55269)
• Lentor Ave (55241)
• Lentor Loop (55361)
• Yio Chu Kang (NS15)

NEARBY AMENITIES

•  Lim’s Noodle House
• Starbucks
• Assyakirin Mosque
• Research in Motion (Rim)
• POSB Woodlands Branch
• Thai Express
• Dunearn Secondary School
• DBS
• Black Society
• Sin Huat Lee Coffee Shop
• Burger King
• City Square Mall
• Bikini Bar
• Xin Wang Hong Kong Cafe
• Tan Tock Seng Hospital
• Cafeteria Northtech Building
• Blue Riverview

NEARBY INSTITUTIONS

• Dunearn Secondary School
• Pathlight School

 

POTENTIAL OF THE SITE

A  fresh community luxuriously nestled right around the premise of the incoming Lentor MRT station. The new condo showcases greenery parks and safe pedestrians, as well as cycling connectivity linking Lentor MRT Station and Teacher’s Estate, also surrounded by commercial amenities to best serve the community.

With the booming projects around Sengkang West and Punggol Digital District, households from the community of North -East have big chances for jobs around their residences.

Lentor Central New Condo built amazing public transport side by side with cycling facilities. The future residents can save more time travelling because of shorter and less hassled daily commutes. With the Cross Island Line (CRL) and Thomas-East Coast Line (TEL) at its total completion, the district will be catered for with the five MRT lines hopefully somewhere in 2035. The newest and most advanced transport hubs also promise unsullied inter-modal transfers and promote easy and swift access to amenities. Also, slowly it will stretch its cycling network around the district over the coming 10-15 years.

By 2022 Lentor Central New Condo and its neighbouring developments, parks will be connected by cycling lanes and park junctions for a more comfortable and convenient intra-district trip heading to the amenities for at least 20 minutes only. Lentor Central New Condo residents will experience an abundance of nature. Waterways would not be a problem due to the many advanced park connectors. There would also be recreational opportunities for individual’s and family’s socialization.

LENTOR CENTRAL NEW CONDO SHOWFLAT VVIP PREVIEW REGISTRATION

** Like to be the first to view and book a unit here at the best price? Do register below and be the first to receive the brochure and view showflat.

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REVIEW OF LENTOR CENTRAL NEW CONDO