GuocoLand Wins Second Lentor Hills Estate GLS Site
Lentor Hills Road -Parcel A Site
Guocoland, An Award-winning developer will bring its experience in successful mixed-use developments to the lush premium residential enclave of Lentor Hills Estate
SINGAPORE, 19 January 2022 – With its signature expertise in transit-oriented mixed-use developments from Singapore’s city centre to the Thomson area, GuocoLand Limited (“GuocoLand”) will spearhead the transformation of the Lentor Hills estate neighbourhood, following its second successful bid in securing the 184,461 square feet (equivalent to 17,136.9 square metres) Lentor Hills Road land parcel. The parcel will yield a maximun GFA of 51,411 sqm. The site is located within the new Lentor Hills estate, a tranquil neighbourhood of predominantly landed homes and low- to mid-rise condominiums. It is also close to several nature reserves and parks. As such, residents of GuocoLand’s Lentor Hills Residences will enjoy unblocked views of greenery in the vicinity and the landed homes enclave. The neighbourhood will also feature new parks with seamless pedestrian and cycling connectivity. GuocoLand will be developing the site as a residential development of about 595 units up to 23-Storey, complimenting Lentor Modern.
Residents of the Lentor Modern and Lentor Hills Residences can look forward to the convenience of having a wide range of F&B and retail options at their doorstep, including a supermarket and childcare facilities at Lentor Modern. Lentor Modern is expected to launch in the September 2022, and Lentor Hills Residences in 2023.
Mr Cheng Hsing Yao, Chief Executive Officer of the GuocoLand Group, said, “We are known to transform neighbourhoods, as can be seen in Tanjong Pagar and the upcoming Midtown area at Bugis-Beach Road. We see immense potential for this project to redefine the Lentor Hills area as an exciting residential and lifestyle destination.”
Direct access to Thomson-East Coast Line and connected to all major MRT Lines
The upcoming development at Lentor Modern will be seamlessly integrated with the Lentor MRT station, which is part of Stage 2 of the Thomson-East Coast Line (“TEL”), scheduled to begin operations on 28 August 2021. When the TEL is completed around 2025, residents will have convenient access to many parts of the island, from Bukit Timah, Botanic Gardens, Orchard Road to Marina Bay and the East Coast. In addition, residents will be able to connect to all of the major lines – Circle Line, Downtown Line, North East Line, North-South Line and the East-West Line – via the TEL. Both the residential and retail components of the upcoming development will be able to tap into a huge and affluent catchment
Close to Nature
The 1.7-hectare Lentor Central plot is close to vast tracts of nature reserves and parks, including the 50-hectare Thomson Nature Park, Bishan Park, Upper Seletar Reservoir Park, Lower Seletar Reservoir Park and Lower Peirce Reservoir Park. In the future, residents will enjoy Hillock Park and Linear Park, both to be just a stone’s throw away from the development. With growing interest in living close to nature for health and wellness benefits, this proximity to nature will be a big attraction for buyers.
About GuocoLand Limited
GuocoLand Limited (“GuocoLand”) is a public company listed on the Singapore Exchange since 1978. The principal business activities of its subsidiaries are property development, property investment, hotel operations and property management. GuocoLand and its subsidiaries (together with GuocoLand “GuocoLand Group”) have established property operations in Singapore, China and Malaysia, comprising residential, hospitality, commercial and retail developments. In 2017, GuocoLand marked its expansion beyond Asia into the new markets of the United Kingdom and Australia through a strategic partnership in Eco World International Berhad with Eco World Development Group Berhad. As a premier property company, GuocoLand is focused on achieving scalability, sustainability and growth in its core markets through its property development, investment and management businesses. The parent company of GuocoLand is Guoco Group Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. Guoco Group Limited is a member of the Hong Leong Group. As of 31 December 2020, the GuocoLand Group has total assets of S$11.0 billion and total equity attributable to equity holders of S$4.2 billion.
Strong track record in transit-oriented, mixed-use developments
GuocoLand has a stellar track record in developing large-scale, integrated mixed-use developments and high-end quality residential developments. The Group’s flagship Guoco Tower is a “vertical city” with Grade A office space, luxury residences, six storeys of retail and dining options, a five-star business hotel and an urban park directly above the Tanjong Pagar MRT station. The upcoming Guoco Midtown, built above the Bugis interchange MRT station, will transform the Beach Road-Bugis district with its 30-storey Grade A office tower, three retail clusters, 30 thematic gardens and landscape areas, as well as two high-end condominiums – Midtown Bay and Midtown Modern. The latter saw more than 60 per cent of its 558 units sold during the first weekend of its launch in March 2021.
Martin Modern, GuocoLand’s luxury condominium at Robertson Quay, has recently obtained its Temporary Occupation Permit (“TOP”). The 450-unit residential development is currently 97 per cent sold.
The 99-year leasehold site at Lentor Central was acquired through the 1H2021 Government Land Sales Programme for a tender price of approximately $784.1 million. The public tender was launched on 15 April 2021 and closed on 22 July 2021.
REGISTER YOUR INTEREST
We are pleased to offer you comprehensive advice about your private ownership at Lentor Modern
Proudly developed by
While every reasonable care has been taken in preparing this wedsite, neither the Developer nor its agents will be held responsible for any inaccuracies or omissions. Visual representations, models, showflat displays and illustrations, photographs, art renderings and other graphic representations and references are intended to portray only artistic impressions of the development and décor and cannot be regarded as representations of fact. All areas and other measurements are approximate measurements and are subject to final survey. The development is subject to final inspection by the relevant authorities to comply with the current codes of practice. All information, specifications, renderings, visual representations and plans are current at the time of publication and are subject to change as may be required by the Developer and/or the relevant authorities. All statements are believed to be correct but shall not be regarded as statements or representations of fact. All plans and models are not to scale unless expressly stated and are subject to any amendments which are required or approved by the relevant authorities. The Sale and Purchase Agreement shall form the entire agreement between the Developer and the Purchaser and shall supersede all statements, representations or promises made prior to the signing of the Sale and Purchase Agreement and shall in no way be modified by any statements, representations or promises made by the Developer or its agents, which are not embodied in the Sale and Purchase Agreement.
The reader relies on the information provided herein at his/her own risk. Any information you may find in this website may be invalid over time, or inaccurate due to human error. The reader should carefully and independently consider and assess the merits and suitability of the information obtained, the investment objective, risk involved and affordability, before committing to buying any property or any investment.
Direct Property Links:
The Gazania Freehold D19 – Bartley MRT TOP Soon: www.the-gazania-lilium.sg Freehold D20, Lentor Modern At Lentor Central Launching 2022, Piccadilly Grand At Northumberland Road www.thepiccadillygrand.com.sg Launching 2022, www.lentormodern.com, The Lilium, Freehold D19 – Bartley MRT TOP Soon: www.the-gazania-lilium.sg, Canninghill Piers By Capitaland & CDL 99Y D06 , The AMO Residences, www.canninghillpiers-launch.sg, The Water Gardens 99Y – Canberra MRT www.uol-watergardens.sg, Leedon Green Freehold D10 – Farrer Road MRT www.leedongreen-mcl.com.sg, Midtown Modern 99Y D07 – Bugis MRT www.guocoland-midtownmodern.com , One Bernam 99Y D02 – Tanjong Pagar MRT www.01bernam.sg, Ki Residences – Brookvale Landed Enclave www.kiresidences-brookvale.com.sg, Other Property New Launch: www.propertypro.com.sg, Property Market & New Launch www.wikiproperty.com.sg, AMO Residences, AMO UOL, Meyer House, UOL Homes, UOL Residences, UOL AMK Ave 1, UOL, Propertyguru, Singapore Property, Property