The final unit at Lentor Modern, GuocoLand’s integrated development in the Lentor Hills estate, has been sold, completing the 605-unit project. This follows the successful sales of Midtown Modern, also fully sold as of December. Lentor Modern's last unit, a 1,130 sq ft, three-bedroom unit, was sold for $2.4 million ($2,126 psf) on January 19. The project, launched in September 2022, sold out in less than 2½ years, achieving an average selling price of $2,107 psf.
Lentor Modern is a 99-year leasehold development with three 25-storey towers, totaling 605 apartments. It includes a 96,000 sq ft mall with anchor tenants such as CS Fresh and ChildFirst, and is integrated with Lentor MRT Station on the Thomson-East Coast Line (TEL). The mall is currently over 50% leased.
In its press release, GuocoLand said that the mall is "more than 50% leased, including to anchor tenants CS Fresh and ChildFirst."
The upcoming development at Upper Thomson Road (Parcel B) will comprise five 25-storey towers with 941 units, including a conserved portion of the original Upper Thomson Secondary School, and will be linked to Springleaf MRT Station on the TEL.
Dora Chng, Residential Director of GuocoLand, shared, “The response to Lentor Modern and our other developments in the Lentor Hills estate highlights the strong demand for quality premium homes in the area.” She added, “We expect the launch of Lentor Central Residences to be met with strong interest due to its proximity to our Lentor Modern mall, which is directly connected to the Lentor MRT station on the Thomson-East Coast Line.”