Lentor Modern by Guocoland is successful luxurious commercial and residential project
Lentor Modern official site situated in the North Region of Singapore, near Lentor Drive along with Yio Chu Kang Road. It is located within Thomson, Ang Mo Kio, Yio Chu Kang, Thomson area. The location is the site that covers an area of 185,139 square feet and is expected to be an open-air area which will have about 605 people, in addition to 86.100 acres that will be commercial space.
Private spaces allow you to fully be in the moment, and be in peace and tranquility. This is a characteristic that is all over.
Lentor Modern Condo project comprises three 25-story blocks that comprise around 600 homes. Each block will have a large sky terrace that could be double its dimensions. First floor is expected to have 9,66,000 square feet of commercial space, F&B as well as retail. These include supermarkets and over 10,000 sq feet of child care facilities.
Developer of Lentor Modern
Lentor Modern Guocoland is included as an entity company in the Singapore Exchange since 1978. It is a well-known regional property firm that has operations throughout Singapore, Malaysia, Vietnam and China. The company is based within China it has constructed a huge collections of properties in important cities like Beijing, Shanghai, Nanjing and Tianjin.
2017. The year of 2017 was the very first time that the company expanded its operations by opening offices in Australia as well as in the United Kingdom and Australia through the partnership, and Eco World Development Group Berhad.
The primary business areas are property construction property acquisitions, hotels' operations as well as property management. This portfolio includes residential and commercial hotels as well as hotels that are integrated with retail and commercial projects across regions.
In Singapore in Singapore, also known as Singapore, City of Singapore, GuocoLand has been able to create a range of luxurious residential and commercial projects. It is the case for Guoco Midtown, the Wallich Residence Guoco Midtown and Guoco Midtown and the most well-known Guoco Tower as well as the Guoco Tower which is an executive hotel with five stars. Sofitel Singapore City Centre.
What's the benefits to invest in Lentor Modern?
- A reputable Developer with a remarkable history of changing neighborhood
- Condos located in the area aren't part of the new launches of the area.
- It is a site is located in a quiet neighborhood composed of private land and low-rise residences.
- Great transport connectivity
- Natural reserves safeguard nature parks
- Near popular schools
- There is a possibility to locate a variety of entertainment and leisure facilities
- The change within the North Region offers the promise of an investment opportunity that may yield a profit
- The exciting re-design of Sembawang Shipyard, which is located close by, into an ocean area
The Lentor Central site was launched for bids on the 15th April 2021. The tender ended on the 21st of July, 2021. GLL D. Ltd which is an affiliate of GuocoLand was granted Lentor Central as the site by the company that had the highest bid, that was $784.1 million. This was an offer of nine, which indicates the massive amount of interest from developers seeking to expand their landbanks which are shrinking.
The cost is land cost of $1204/square foot percent. So it is expected to be completed at a cost of $2,2xx per square foot.
On January 25, 2022. A joint venture comprised of Intrepid Investments, GuocoLand, and TID Residential has won the auction for the Lentor Hills Road Parcels A with the highest amount of S$586.6 million. The site is located close to Lentor Modern as well as split into two parcels by Lentor Central Road.
The property is estimated to have a worth of $1,060 per square foot property in an acres. Based on the size of 184,460 square feet, and an approximate gross floor area (GFA) 553-383 sq. ft.. The property could create 595 houses for residential use.
The land's cost is less expensive and the costs being less for land, the development taking place in Parcel A is anticipated to begin with a cost of $1,9xx per square feet. The question of whether this investment is worth the cost or not will depend on the specifics of the particulars.
Lentor MRT Station
Lentor MRT located along the Thomson East Coast Line (TEL) was officially launched in August 2021. This TEL will be constructed in five stages. The first phase comprises Lentor station, which is located within the 2nd section. The second phase will consist by five stations: Springleaf, Mayflower, Bright Hill, Upper Thomson and Caldecott.
For the northern part, just three stops away from Lentor to toward the North end of The Woodlands interchange. It's a transportation hub and is one of the biggest of its kind in Singapore. The nearby amenities include Woodlands Civic Centre, Causeway Point Shopping Mall, Woods Square, Woodlands Civic Centre and Woodlands Regional Library. Woodlands Regional Library.
One station is situated within Woodlands One station is located in Woodlands includes Woodlands North which is anticipated to be integrated into Woodlands North and integrate in Woodlands North and eventually integrate into Woodlands North. Woodlands North will be connected with Woodlands North via the Rail Transit System (RTS) which will allow direct link to Singapore as well as Johor. The RTS is set to be fully operational by 2026's close . It will be an important part of the transformations being implemented in North Region of Singapore. North Region.