September 02, 2021
Special Highlight: Lentor Central site at the charming residential enclave
By PropNex Research and editorial
The Lentor Hills estate is poised to be transformed with more housing and amenities set to be introduced in this charming residential enclave. The Lentor Central site is the first of three new plots in the Lentor locality that will inject new life into this quiet estate. Situated right next to the upcoming Lentor MRT station on the Thomson-East Coast Line, the parcel has a site area of 17,279.9 sq m and a maximum gross floor area (GFA) of 60,480 sq m. The site is designated for private housing development of approximately over 600 units with commercial podium at the first storey.
GLL D Pte. Ltd., a subsidiary of Guocoland, placed the top bid for the plot in July 2021. Its bid of $784.1 million for the site works out to a land rate of $1,204per square foot per plot ratio (psf ppr). This land rate surpasses the land bid of $1,118 psf ppr set by the Ang Mo Kio Avenue 1 site, which was hotly contested when the tender closed in May 2021. As there have not been many fresh private residential launches in the area in recent years, this site should spark interest among buyers, including households living in Thomson, Yio Chu Kang and Ang Mo Kio area who are looking for a new home.
This area has long been regarded as a serene landed residential enclave, that provides a tranquil living environment and privacy for its residents. Located in the Upper Thomson area that has mostly landed homes, residents of this future Lentor development will enjoy unblocked views of the surrounding areas, such as the low-rise landed estates and the vast nature reserves and parks.
This site will be the first of three new Lentor residential projects to be developed. There are two more upcoming GLS sites, the second being the Lentor Hills Road (Parcel A) site which is currently set to be launched for tender in September 2021, and will yield 595 units; the third site being the Lentor Hills Road (Parcel B) which will offer 265 units, and is currently parked in the Reserve List. In total, all three sites will potentially add more than 1,400 new homes to the area which will revitalise the area. Amongst the three sites, the Lentor Central site is probably the most attractive, owing to its close proximity to the Lentor MRT station and has an integrated commercial podium that gives residents added convenience.
Future residents of the new Lentor Central development, Lentor Modern will not need to venture far for their daily necessities as there would be retail shops located on the first floor. The developer’s proposed plan for the Lentor Central plot envisions a mixed-use, transit-oriented development that will provide an array of F&B and retail options, including a supermarket and childcare facilities. For other amenities besides the ones located within the development, they are easily accessible via the Thomson East Coast Line (TEL) - just a short distance away are the Mount Alvernia Hospital, Thomson Plaza, Midview City and Mayflower Market and Food Centre.
There are also a plenty of green recreation spaces that will appeal to nature buffs and fitness enthusiasts. There is the nearby Lower Pierce Reservoir which presents charming views of the secondary forests, hiking trails and the tranquil boardwalk where visitors can seek respite from the hustle and bustle of urban living. Future upcoming park connectors in the area will link residents to Ang Mo Kio Town Garden West as well as the Bishan-Ang Mo Kio Park. The latter is one of the largest urban parks in central Singapore that is filled with lush lawns and has a 3-km meandering river.
Families with school-going children will be glad to know that there are a number of established schools around the area, such as Presbyterian High School, Anderson Primary School, and CHIJ St Nicholas Girls' School.
The Lentor Central site, Lentor Modern is next to the Lentor MRT station, which is slated to open in August 2021 as part of the Thomson-East Coast Line (TEL). The TEL is being constructed in five phases, with the Lentor station being part of the Phase 2 opening, which comprises of five other stations, namely: Springleaf, Mayflower, Bright Hill, Upper Thomson and Caldecott. The Caldecott station will connect commuters to the Circle Line while the Bright Hill Station will serve as an interchange station with the Cross-Island Line. The TEL when fully operational will give residents direct access to places such as Orchard Road, Great World City, Shenton Way, Gardens by the Bay, Tanjong Katong, and Siglap.
Future residents who are avid cyclists will be delighted to know that the Land Transport Authority (LTA) has announced works to extend the cycling network in Ang Mo Kio - which is slated to add an additional 6.8km of cycling paths, of these, 2km will be in the form of new park connectors, set to be completed by 2023, the rest are cycling paths that will be built by 2026. The LTA has said that these cycling paths will be directly connected to Mayflower and Lentor MRT stations to improve connectivity for residents to other amenities in the greater Ang Mo Kio area.
GLL D Pte. Ltd. is a subsidiary of Guocoland, an award-winning developer firm with a diversified portfolio comprising residential, hospitality, commercial, retail and integrated developments spanning across the region. GuocoLand has been awarded with a number of accolades both locally and internationally, in recognition for its quality, innovative developments and commitment to business excellence.
In Singapore, the Group has successfully developed 36 residential projects yielding approximately 11,000 apartments and homes. The highlight of GuocoLand’s portfolio is its flagship integrated mixed-use development Guoco Tower that integrates premium Grade A offices, F&B retail space, luxurious apartments at Wallich Residence and the 5-star business hotel Sofitel Singapore City Centre. It has also developed a sizeable portfolio of properties spanning across the major cities of China, namely Beijing, Shanghai, Nanjing and Tianjin.
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