Summary: All units at GuocoLand’s Lentor Modern and Midtown Modern are now taken, showing a positive response from buyers who appreciate convenient layouts and seamless MRT connections.
Introduction 2: Hello to local families and property watchers. If you are following condo trends, you have likely heard that GuocoLand has achieved 100% sales for Lentor Modern and Midtown Modern. These completed sales hint at the strong appetite for convenient living close to MRT stations and everyday services.
The final apartment sold at Lentor Modern measures 1,130 sq ft and was purchased at $2.4 million ($2,126 psf) on Jan 19, marking the last piece of a 605-unit puzzle. The project was first introduced in September 2022 and attained a complete sell-out within 2½ years of launch, achieving an approximate average of $2,107 psf.
Midtown Modern, featuring 558 units, achieved an average sale price around $2,825 psf. It belongs to Guoco Midtown and was placed on the market in March 2021, quickly finding buyers who valued its downtown setting.
Property searches for fresh launches often point to units that provide both comfort and city access. Lentor Modern, with its 99-year lease, comprises three 25-floor residential towers and sits atop a 96,000 sq ft retail space featuring a supermarket, childcare center, and dining outlets. The entire complex connects directly to the Lentor MRT Station on the Thomson-East Coast Line (TEL).
The mall portion of Lentor Modern is more than 50% taken, highlighted by anchor tenants CS Fresh and ChildFirst. This setup lets residents handle daily activities without leaving the development.
Lentor Modern launched first in the Lentor Hills area and received 84% sales on day one. GuocoLand is also part of three more local projects with other partners, showing the developer’s extensive involvement in shaping the neighborhood.
In July 2023, GuocoLand, Hong Leong Holdings, and TID introduced the 598-unit Lentor Hills Residences, which is now 99% sold at roughly $2,099 psf. Another project, Lentor Mansion, saw 75% of its 533 units taken within two days of launch last March and is now 97% sold.
The next project in the pipeline is Lentor Central Residences, targeting a launch in 1Q2025. GuocoLand, Hong Leong Holdings, and CSC Land Group (Singapore) will deliver 477 apartments split across two high-rise buildings.
GuocoLand, with Hong Leong Holdings, is preparing a project at Upper Thomson Road (Parcel B) on a 344,700 sq ft plot. It will hold 941 apartments in five towers and include a portion of the original Upper Thomson Secondary School for a heritage element.
Dora Chng, GuocoLand’s Residential Director, remarks, “The interest in Lentor Modern and our other projects confirms that well-placed, premium condos remain sought after.” She adds that Lentor Central Residences should follow the same trend, thanks to proximity to the Lentor Modern mall and MRT.
Emerald of Katong Number of Units
Conclusion: Investors and families shopping for a home may look ahead to more openings in the Lentor Hills estate and Upper Thomson area. As each project sells quickly, buyers can keep an eye on launch dates to snap up available units.