Your search results

Is Lentor Mansion: The 5th New Lentor Condo in 2 Years Still Worth Your Attention?

Posted by Jayson Ang on April 17, 2024
| 0

TLDR for “Exciting Updates from Lentor Mansion”

Lentor Mansion, a new project in the vibrant Lentor region, is set to be expansive, offering 533 units with a focus on practical living space. Developed under new regulations, it ensures efficient use of space. With unit configurations catering to owner-occupiers, the project promises a good balance between unit count and land area. Located in an evolving area with future development plans, Lentor Mansion presents a promising investment opportunity with competitive pricing compared to neighboring properties.

Lentor has been buzzing from 2022, thanks to the unveiling of ventures such as Lentor Modern and Lentoria. The upcoming project in this vicinity is set to be the most expansive yet, spanning approximately 21,887 square meters. Given the solid interest shown towards projects in the Lentor region, we’re confident that many buyers will see this as a viable alternative to recent launches. If you happened to miss out on a Lentor property recently, consider this your second opportunity. Here’s what we’ve gathered about it thus far:

Exciting Updates from Lentor: What’s the Buzz?

Situated in close proximity to the initial development, Lentor Modern, and adjacent to the freshest addition, Lentoria, Lentor Mansion is part of a booming locale.

You might be curious as to why Guocoland has its name attached to numerous new projects in this area. Well, that’s because over the past two years, the developer has undertaken four residential ventures here.

This may appear as an advantage to potential buyers. The rationale? A developer, naturally, wouldn’t want to undercut their own properties’ sales – they’ll strive to set each project apart. This approach not only infuses a sense of harmony into the neighbourhood but also ensures that every project complements rather than competes with one another. A similar scenario is observed in how Midtown Modern harmonizes with Midtown Bay, both under the Guocoland umbrella.

The Irresistible Allure of Lentor Mansion!

In the earlier section, we’ve outlined that Lentor Mansion stands out as one of the most expansive land allotments in recent releases within the vicinity. The project’s developers have diligently maintained a land-area-to-unit ratio of 1:41. This may pique your interest if you’re in search of roomier options. The project encompasses a total of 533 units, hitting the ideal equilibrium for many prospective homeowners. This count is high enough to ensure manageable upkeep costs, yet small enough to prevent facilities from becoming excessively packed.

Moreover, Lentor Mansion takes the lead as the inaugural project constructed under the new Gross Floor Area (GFA) harmonisation regulations. In essence, these rules put an end to wasteful spatial practices. Before this, developers could bill buyers for features like oversized air-conditioning ledges, even though they weren’t charged for the space used.

As Lentor Mansion adheres to these rules, it’s likely that the units will provide more practical living space. Buyers will essentially pay for the actual size of the unit, minimizing wastage of square footage.

Currently, we understand that the unit configurations will predominantly consist of two-bedroom or larger units, with a significant portion allocated to 3, 4, and 5-bedroom units. This indicates that the project may be more suitable for owner-occupiers rather than tenants. If you prefer a lower tenant mix, this development could appeal to you. Additionally, given the ratio of unit count to land area, there’s a good chance that the units here will be larger than average.

Discover the Unique Location Benefits of Lentor Mansion!

Lentor might not currently be the most bustling spot, but the URA Master Plan 2019 points to the government’s vision of transforming it into an entirely new community. The blueprint is centered around the hillock where Lentor MRT (TEL) stands.

This strategy of urban development deviates from the usual practice of first establishing HDB estates, followed by the MRT, and lastly private developments. Lentor flips this order, with the MRT station being the initial phase, succeeded by the launch of new condominiums. The subsequent stage involves the creation of HDB estates in the surrounding forested area, though the exact timeline remains undisclosed. Consequently, for those committed to a long-term residence, Lentor will evolve from its current “ulu” status within the approaching decades.

The upcoming residential district will connect Lentor Station and Teachers Estate, gradually introducing commercial components like shops, eateries, and entertainment facilities. It’s also worth noting that Lentor Modern, a project by the same developer, is due for completion in 2026. This will bring additional shopping options and a supermarket to the region, enhancing Lentor’s convenience quotient significantly.

In the near future, the close proximity to CHIJ St. Nicholas’ Girls School could pique the interest of potential buyers. Furthermore, the site plan indicates that two blocks will enjoy an uninterrupted view of the verdant Lentor Hillock Park.

Unveiling the Exciting Pricing Details

Also, let’s not overlook the fact that neighboring resale condominiums, like Panorama, have already hit the $2,000 per square foot mark. Now, considering it wrapped up construction in 2017, by the time Lentor Mansion is ready for occupancy, there will be a decade’s gap between them. Looking around, you’ll find that the only serious resale competition at present is the older Calrose (averaging $1,781 per square foot, hence cheaper but remember it was erected back in 2007). The reason being, other nearby resale condos such as Thomson Grove, Far Horizon Garden, and Seasons Park have been around for quite some time.

However, don’t bank on any substantial price fluctuations given the proximity of each project’s launch date, coupled with the fact that most of these property sites share the same developer. For an in-depth comparison with the existing competition in the area, feel free to delve into our Lentoria pricing review.

Project Name Lowest $PSF Average $PSF Highest $PSF
Hillock Green 1BR $2,100 $2,228 $2,423
Lentor Hills Residences 1BR $2,028 $2,200 $2,451
Lentor Modern 1BR $2,033 $2,180 $2,425
Lentoria 1BR $2,190
Hillock Green 2BR $1,882 $2,137 $2,287
Lentor Hills Residences 2BR $1,988 $2,149 $2,358
Lentor Modern 2BR $1,994 $2,196 $2,513
Lentoria 2BR $1,965
Hillock Green 3BR $1,987 $2,057 $2,160
Lentor Hills Residences 3BR $1,834 $2,018 $2,217
Lentor Modern 3BR $1,837 $2,056 $2,379
Lentoria 3BR $1,974
Hillock Green 4BR $1,954 $2,064 $2,178
Lentor Hills Residences 4BR $1,891 $2,015 $2,174
Lentor Modern 4BR $1,895 $2,031 $2,245
Lentoria 4BR* $1,965

*The 4-bedder does not have indicative pricing yet.

Is Investing in Lentor Mansion Worth the Wait?

Sure, some perks within Lentor, like the gradual establishment of the TEL line, might take a bit to come to fruition. And yeah, it’s true that the region could use more instant, handy amenities, which Lentor Modern is likely to offer by 2026. However, lots of these elements could be ready by the time Lentor Mansion is fully built. So, those who are considering buying now, could essentially be grabbing an opportunity at its inception.

Should You Buy, Sell or Wait?

If you’re reading this, you must be trying to figure out the best course of action right now: is it the right time to buy or sell?

It’s difficult to give an exact answer since everyone’s situation is unique and what works for one person may not necessarily work for you.

I can bring you a wealth of on-the-ground experience and a data-driven approach to provide clarity and direction. From beginners to experienced investors, our top-down, objective approach will help you on your real estate journey.

I can help you by:

  1. Offering Strategic Real Estate Advice – I can help create a comprehensive plan to guide you through your property journey.
  2. Connecting Your Home with the Perfect Buyers – Through stunning visuals, an effective communication strategy, and an in-depth knowledge of the market, we’ll ensure your home is presented in the best possible way to fulfill your goals.

You May Also Like …


Subscribe to Jayson Ang’s Singapore Property Newsletter
All Blog Posts Buying Tips

Subscribe to Jayson Ang’s Singapore Property Newsletter

TLDR Jayson Ang's Singapore Property Newsletter offers valuable insights on real estate investments, market trends, and expert advice. The newsletters...
Read More
Should We Upgrade to a Condo Now or Wait for Interest Rates to Go Down?
All Blog Posts Buying Tips

Should We Upgrade to a Condo Now or Wait for Interest Rates to Go Down?

TLDR Considering the Singapore property market trends and financial factors, it's crucial to make informed decisions about upgrading from an...
Read More
The Top 5 Myths About Buying Property in Singapore – Debunked!
Mandarin Top 5

The Top 5 Myths About Buying Property in Singapore – Debunked!

The Top 5 Myths About Buying Property in Singapore – Debunked! Here are the top 5 myths about buying property...
Read More
Are We Truly Headed For A Slowdown? How Will This Affect Property Prices?
All Blog Posts Opinion

Are We Truly Headed For A Slowdown? How Will This Affect Property Prices?

TLDR The pandemic-induced recession has surprisingly boosted property prices in Singapore, defying conventional economic trends. Factors like cost-push inflation, limited...
Read More
Thinking About Investing In An Old Landed Property In Singapore? 7 Crucial Tips To Keep In Mind Before You Make Your Move
All Buying Tips

Thinking About Investing In An Old Landed Property In Singapore? 7 Crucial Tips To Keep In Mind Before You Make Your Move

TLDR Older properties come with unique challenges due to outdated design elements, potential roofing issues, odd land shapes, basement drawbacks,...
Read More
6 Reasons to Think Twice Before Hiring a Friend or Family Member as Your Agent
All Blog Posts Opinion Selling Tips

6 Reasons to Think Twice Before Hiring a Friend or Family Member as Your Agent

TLDR In Singapore, hiring a friend or family member as your property agent can be risky. Disclosing sensitive financial details...
Read More
2024 Will Be A Buyers Market
All Buying Tips Opinion

2024 Will Be A Buyers Market

TLDR 2023 saw a roller-coaster ride in the real estate market, with various challenges like high interest rates and geopolitical...
Read More
5 Things to Know About Singapore’s Public Housing System
Mandarin Top 5

5 Things to Know About Singapore’s Public Housing System

5 Things to Know About Singapore's Public Housing System With over 80% of Singaporeans living in public housing, it's important...
Read More
Why En Blocs Often Fail to Succeed
All Opinion

Why En Blocs Often Fail to Succeed

TLDR In this blog post, the focus is on the challenges and complexities of en-bloc transactions in Singapore's property market....
Read More
Top 5 Best Hidden Photography Locations in Singapore
Mandarin Top 5

Top 5 Best Hidden Photography Locations in Singapore

Singapore, a vibrant city-state known for its iconic landmarks and bustling urban landscape, is also home to numerous hidden gems...
Read More
What Is The Best Location To Purchase A House To Ensure Your Child Has The Highest Probability Of Attending A Well-Renowned Primary School?
All Buying Tips Opinion

What Is The Best Location To Purchase A House To Ensure Your Child Has The Highest Probability Of Attending A Well-Renowned Primary School?

TLDR Parents often seek homes within 1km of desired primary schools to increase enrollment chances. Consider oversubscription rates and population...
Read More
CPF Accrued Interest On Housing: Learn What It Is and How to Calculate It
All Blog Posts Buying Tips

CPF Accrued Interest On Housing: Learn What It Is and How to Calculate It

TLDR Understanding the CPF accrued interest on housing loans is crucial for Singaporean homeowners. When using CPF funds to finance...
Read More
The Sneaky Role of Property Appraisals in Shaping Singapore’s Home Prices
All Buying Tips Opinion

The Sneaky Role of Property Appraisals in Shaping Singapore’s Home Prices

TLDR When it comes to the real estate market in Singapore, understanding property valuations and the impact on mortgage loans...
Read More
5 Risks Upgraders Should Be Aware of To Avoid Financial Troubles When Progressing Their Property
All Blog Posts Buying Tips

5 Risks Upgraders Should Be Aware of To Avoid Financial Troubles When Progressing Their Property

TLDR The article delves into the intricacies of property asset progression in Singapore's real estate market. It highlights the risks...
Read More
Looking To Buy An Older HDB Flat? Here’s What You Need To Know Before You Sign On The Dotted Line!
All Buying Tips

Looking To Buy An Older HDB Flat? Here’s What You Need To Know Before You Sign On The Dotted Line!

TLDR When considering purchasing an older flat, ensure to thoroughly inspect wet areas for leaks, check balcony conditions, watch out...
Read More
6 Myths About Using Your CPF For Housing
All Blog Posts Buying Tips

6 Myths About Using Your CPF For Housing

TLDR When it comes to purchasing a house in Singapore using CPF funds, there are several myths that need to...
Read More
Breaking Through the Stalemate of En Bloc Sales
All Blog Posts Opinion

Breaking Through the Stalemate of En Bloc Sales

TLDR The Singapore property market faces challenges with the ongoing en bloc stalemate. Lower success rates, higher development risks, and...
Read More
My 6 Factors to Consider When Buying a Property in 2023
All Buying Tips Opinion

My 6 Factors to Consider When Buying a Property in 2023

As the housing market shows no signs of slowing down, many of us may feel left behind, questioning whether it...
Read More
The 5 Most Common Mistakes First-Time Buyers Make (And How to Avoid Them)
Buying Tips Mandarin Top 5

The 5 Most Common Mistakes First-Time Buyers Make (And How to Avoid Them)

The 5 Most Common Mistakes First-Time Buyers Make (And How to Avoid Them) Here are the 5 most common mistakes...
Read More
Sentosa’s Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore’s Premier Island
Buying Tips Mandarin Top 5

Sentosa’s Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore’s Premier Island

Sentosa's Sizzling Property Market: 5 Reasons Chinese Investors are Flocking to Singapore's Premier Island Here are the top 5 reasons...
Read More
1 5 6 7 8 9 23

Compare Listings