Summary: GuocoLand has fully sold Lentor Modern and Midtown Modern, reflecting keen interest in new projects that blend easy transport access and practical amenities.
Introduction 1: Welcome, homeowners and buyers. Think of Lentor Modern and Midtown Modern as two shining examples of well-placed projects that move fast in today’s market. GuocoLand has announced both developments are now fully sold, sending a clear signal that these homes are hitting the right notes with location, layout, and daily amenities.
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.
Lentor Modern’s strong take-up echoes the momentum seen at Midtown Modern, which averages about $2,825 psf. This 99-year leasehold at Tan Quee Lan Street forms part of the larger Guoco Midtown integrated project, launched in March 2021 and now fully sold.
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.
Lentor Hills Residences (598 units), co-developed by GuocoLand, Hong Leong Holdings, and TID, reached a 99% sell rate at about $2,099 psf. Meanwhile, the 533-unit Lentor Mansion launched last March and secured 75% of its units in the first weekend, with just under 20 homes left.
GuocoLand has more plans in Lentor. Lentor Central Residences, with 477 units in two towers, aims to launch in 1Q2025, further expanding quality living choices near transport links.
Additional developments are on the horizon in Upper Thomson. GuocoLand and Hong Leong Holdings recently secured a 344,700 sq ft Government Land Sales site to build 941 units over five 25-floor towers. Part of the former Upper Thomson Secondary School will also be conserved for future residential adaptation.
“We appreciate the enthusiastic support for Lentor Modern and our other developments,” says GuocoLand’s Residential Director, Dora Chng. She mentions that Lentor Central Residences could also draw keen buyers, thanks to its short distance from the Lentor Modern mall and MRT station.
Kassia Showflat
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.