Summary: GuocoLand has fully sold Lentor Modern and Midtown Modern, reflecting keen interest in new projects that blend easy transport access and practical 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.
The final apartment sold at Lentor Modern measures 1,130 sq ft and was purchased at $2.4 million ($2,126 psf) on Jan 19, marking the last piece of a 605-unit puzzle. The project was first introduced in September 2022 and attained a complete sell-out within 2½ years of launch, achieving an approximate average of $2,107 psf.
Midtown Modern, featuring 558 units, achieved an average sale price around $2,825 psf. It belongs to Guoco Midtown and was placed on the market in March 2021, quickly finding buyers who valued its downtown setting.
Property searches for fresh launches often point to units that provide both comfort and city access. Lentor Modern, with its 99-year lease, comprises three 25-floor residential towers and sits atop a 96,000 sq ft retail space featuring a supermarket, childcare center, and dining outlets. The entire complex connects directly to the Lentor MRT Station on the Thomson-East Coast Line (TEL).
GuocoLand reports that over half of Lentor Modern’s mall space is already leased to anchors such as CS Fresh and ChildFirst. With this commercial component, residents have grocery, childcare, and dining needs handled within their own building.
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.
Dora Chng, GuocoLand’s Residential Director, remarks, “The interest in Lentor Modern and our other projects confirms that well-placed, premium condos remain sought after.” She adds that Lentor Central Residences should follow the same trend, thanks to proximity to the Lentor Modern mall and MRT.
The Hillshore Floor Plan
Conclusion 2: Future buyers can watch for upcoming options in Lentor and Upper Thomson. These ongoing projects hint that developments linked to MRT stations and local services will remain in high demand, so staying updated can help secure a new home in a prime spot.