GuocoLand Commences Previews for Lentor Mansion Project at Prices Starting from S$2,082 psf
GuocoLand is set to unveil its newest project, Lentor Mansion, in the Lentor Hills estate, with previews starting on Friday, March 1. The prices for this 99-year leasehold development will commence from S$2,082 per square foot.
Situated in District 26, Lentor Mansion encompasses 235,371.2 square feet of land and will feature 533 units distributed across three 16-storey towers and three eight-storey blocks. This marks GuocoLand’s third condominium launch in the Lentor Hills estate, following Lentor Modern and Kassia, and is the fifth launch in the overall Lentor area out of six state land sites sold thus far.
The unit configurations and starting prices are as follows:
- Two-bedroom units (527 to 657 sq ft) starting from S$1.149 million, or S$2,180 psf.
- Three-bedroom units (786 to 1,023 sq ft) starting from S$1.702 million, or S$2,165 psf.
- Four-bedroom units (1,227 sq ft) starting from S$2.635 million, or S$2,148 psf.
- Five-bedroom units (1,485 to 1,507 sq ft) starting from S$3.176 million, or S$2,139 psf.
GuocoLand, in collaboration with Hong Leong Holdings, acquired the site in April 2023 for S$486.8 million, at S$985 per square foot per plot ratio. The joint venture secured the site as the sole bidder during the tender process.
Lentor Mansion’s design draws inspiration from black-and-white bungalows, providing a unique concept to the Lentor Hills estate. It is the first private condo launched under new guidelines that harmonize strata and gross floor areas, ensuring units are sold based on livable space.
Eugene Lim, key executive officer of ERA Singapore, highlighted that the new guidelines allow developers to sell only usable spaces, eliminating the inclusion of air-con ledges as saleable space, as was the case under previous rules.
Sales bookings for Lentor Mansion are set to commence on March 15, with the project targeted for completion by the end of 2027.