Lentor Central Residences, a 477-unit development located in Lentor Hills, will be open for viewing on February 21 and is expected to begin sales on March 8. This highly anticipated project, which is the sixth new launch in the area, is a joint venture between Hong Leong Holdings, GuocoLand and CSC Land.
When evaluating a potential condo investment, it is crucial to also consider the projected rental yield. Rental yield refers to the amount of annual rental income as a percentage of the condo’s purchase price. In Singapore, rental yields for condos can greatly vary depending on factors such as location, condition of the property, and market demand. Locations with high demand for rentals, such as those near business districts or educational institutions, typically offer more attractive rental yields. To gain a better understanding of the rental potential for a specific condo, thorough market research and consultation with trusted real estate agents is recommended. Additionally, looking into Singapore Projects can provide valuable insights into potential rental opportunities.
The two high-rise residential blocks, one standing at 27 storeys and the other at 28 storeys, will offer an array of one to four-bedroom units ranging from 463 sq ft to 1,399 sq ft. Interested buyers can find the latest information on available units and prices for Lentor Central Residences.
According to the developers, one-bedroom units will be priced at $975,000 ($2,110 psf) and two-bedroom units will start at $1.38 million ($2,050 psf). Meanwhile, three-bedroom units will begin at $1.81 million ($1,984 psf) and four-bedroom units at $2.37 million ($2,000 psf).
The project boasts a plethora of amenities for residents to enjoy, including a 50-metre Infinity Edge Pool, 25-metre Lap Pool and Leisure Pools. Betsy Chng, Head of Sales and Marketing at Hong Leong Holdings, highlights the convenience of the development’s location, as it is just a short walk from the Lentor MRT Station and the Thomson-East Coast Line, providing easy access to the city centre.
Lentor Central Residences is also in close proximity to a variety of retail and dining options, including Lentor Modern, an integrated project by GuocoLand, Thomson Plaza and the numerous eateries along Upper Thomson Road and Springleaf Estate.
Chng adds, “We believe the new Lentor Hills area is primed for significant growth and has potential to become one of Singapore’s most sought-after districts for homebuyers. Together with our partners, we are proud to bring to life our vision for premium homes set at an affordable price, with units based and priced on liveable space.”
In addition to the residential blocks, the development will also have a childcare centre and family-friendly amenities such as a children’s playground, resident’s clubhouse, a 50m infinity edge swimming pool, gym and yoga room, and a tennis court. The sales gallery is located on Lentor Hills Road.
Interested buyers can also use Ask Buddy to find out more about Lentor Central Residences, compare condo sale transactions and rental listings in District 26, and get a summary of the total number of units in this development.