Summary: In a swift sell-out, GuocoLand’s Lentor Modern and Midtown Modern have completed sales of all units, highlighting strong demand for their strategic locations and 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.
GuocoLand’s integrated development at Lentor Modern in Lentor Hills has closed its final unit, bringing the total count of 605 apartments to full occupancy. This milestone follows a similar sell-out at Midtown Modern in December. Both successes reflect a steady pattern of buyers seeking well-located new properties.
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.
Home-seekers who prioritize convenience appear attracted to Lentor Modern. This 99-year leasehold spans three tall residential buildings and includes a spacious retail zone with a supermarket, childcare facility, and food-and-beverage options. Its direct link to Lentor MRT Station on the TEL is a key selling point.
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.
As the earliest launch in Lentor Hills, Lentor Modern quickly reached 84% bookings on its first sales day. GuocoLand, with joint-venture partners, is active in additional nearby developments, underscoring its ongoing role in the area’s growth.
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.
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.
The Orie Address
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.