GuocoLand to Launch Its Fourth Lentor Project in Q1 2025

2 Feb 2025news
GuocoLand to Launch Its Fourth Lentor Project in Q1 2025

GuocoLand, in partnership with Hong Leong and CSC Land, is preparing to launch its latest development, Lentor Central Residences, in the first quarter of 2025. This new 477-unit project will mark the developer’s fourth venture in the Lentor Hills precinct.

Pricing details for the new development are yet to be disclosed.

Lentor Central Residences follows the success of three previous projects in the area, which is part of a broader Government Land Sales initiative where six plots have been designated for residential redevelopment. The most recent sale, a site at Lentor Gardens, was released for tender in October 2024, with the bidding process set to close in April 2025.

GuocoLand has played a significant role in developing the Lentor district, alongside partners Hong Leong and TID.


A Strong Start in Lentor

The first project in this series, Lentor Modern, launched two and a half years ago, has seen all of its 605 residential units snapped up. In a recent update, GuocoLand confirmed that Lentor Modern was sold out, marking the success of the integrated mixed-use development, which will connect directly to the Lentor MRT Station. The development is expected to complete in the first half of 2026, and the attached mall is already over 50% leased, with plans for a range of food and beverage outlets and wellness services.

Additionally, Lentor Hills Residences, the second project in the series, launched in July 2023 and has since sold 99% of its 598 units. The average selling price was S$2,080 per square foot.

In March 2024, GuocoLand also launched Lentor Mansion, the third of its Lentor projects, which achieved a sales rate of 75% within the first month of release, with prices ranging from S$2,104 to S$2,478 per square foot.


Lentor Area’s Rising Popularity

Demand for premium residential properties in the Lentor Hills estate is strong, and the recent success of GuocoLand’s projects highlights this trend. Dora Chng, Residential Director at GuocoLand, commented that the positive response reflects a robust appetite for high-quality homes in this growing precinct.

Lentor’s appeal continues to rise, with other projects in the area, such as Hillock Green (by Forsea Holdings, United Engineers, and Soilbuild Group), also generating significant interest. The project, which launched in November 2023, sold 27% of its 474 units at an average price of S$2,210 per square foot.


Looking Ahead: More Projects in the Pipeline

GuocoLand is also planning a major 941-unit development in the Upper Thomson area, near Lentor Hills. This project, which is slated for launch in the second half of 2025, will incorporate a section of the original Upper Thomson Secondary School.

With continued government support for residential development in the region, Lentor is expected to see even more activity in the coming years, solidifying its place as a sought-after district in Singapore’s real estate landscape.