# Lentor Gardens Residences sells 54% of its units on launch day at average of $2,350 psf

- **Source:** EdgeProp Singapore
- **Published:** 2026-07-19T02:30:00.000Z
- **Author:** Cecilia Chow
- **Original:** https://www.edgeprop.sg/property-news/lentor-gardens-residences-sells-54-units-launch-day-average-2350-psf
- **Topics:** Private Residential, Commercial & Industrial, New Launches

## Featured rationale

The launch-day result, despite six earlier projects selling 99.2% of their units, signals sustained demand that may support pricing across the Lentor Hills estate.

## AI summary

Lentor Gardens Residences sold 270 of 499 condominium units, or 54%, on July 18 at an average price of $2,350 psf.

## Original article

Lentor Gardens Residences sold 270 of the 499 condo units in the development (54%) on its launch day on July 18, says developer Kingsford Group. The average price for the residential units was $2,350 psf. The sales excludes the three strata-titled terraced houses.

All three strata retail shops were also taken up, at an average of $2,550 psf.

"In our view, the sales at Lentor Gardens Residences represent a solid outcome, being the seventh project to launch in the Lentor Hills estate. Having 270 new homes sold in a weekend is a healthy result by any measure, and the buyers’ response tells us that the Lentor story is going strong," says Kelvin Fong, CEO of PropNex. "That Lentor Gardens Residences can achieve a 54% take-up rate as the seventh project launch in this locale also speaks to the depth of demand here."

Three-bedroom units accounted for 42% of launch-day sales, according to Kingsford Group, with two-bedroom units at 40% and four-bedroom units at 18%. Singaporeans made up 91% of buyers, with permanent residents and foreigners accounting for the rest.

Get the latest details on available units and prices for Lentor Gardens Residences

Lentor Gardens Residences comprises 499 condominium units across three 16-storey blocks and one 8-storey block, plus three strata terrace houses, on a 222,161 sq ft, 99-year leasehold site. The blocks sit above a 200m waterscape, possibly the longest water footprint in the Lentor Hills precinct, says the developer.

The three strata-titled terrace houses have five bedrooms each and direct access to the 75m swimming pool. The development backs onto the upcoming Lentor Hillock Park. Temporary Occupation Permit (TOP) is expected in December 2030.

Buyers at Lentor Gardens Residences were dominated by young couples purchasing their first home and by young singles whose purchases were backed by their parents, notes Justin Quek, deputy group CEO of Realion (OrangeTee & ETC) Group. "The development's efficient unit layouts proved popular with buyers," he says.

Quek highlights the 100% sell-out rate for both the three-bedroom compact and three-bedroom compact-plus-study types, with all 15 units in each tier snapped up within hours. Average prices for these units ranged from $2.05 million to $2.21 million, a quantum he describes as palatable for buyers seeking functional space.

Buyers were also willing to pay a premium for extra space. Two-bedroom premium units achieved a 93% take-up (28 of 30 units), while three-bedroom premium units saw 79% (61 of 77 units), Quek points out.

The project’s convenient location -- minutes’ walk from the Lentor MRT station and the Lentor Modern mall, and near well-regarded schools such as St. Nicholas Girls’ School -- was also attractive to buyers, says PropNex's Fong.

Read also: Lentor Gardens Residences preview on July 4-5 drew 5,000 visitors

"Those who hesitated when Lentor was first introduced in 2022 have returned, spurred by the completion of Lentor Modern and its integrated mall," says Mark Yip, CEO of Huttons Asia.

The 605-unit Lentor Modern was the first project launched in the Lentor Hills estate in September 2022. The residential blocks sit atop a mall integrated with the Lentor MRT Station (Thomson-East Coast Line). Lentor Modern obtained its TOP in August 2025, and the mall opened in January this year. Early buyers at Lentor Modern have seen average gains exceeding $300,000, with peak gains approaching $600,000, while sub-sale prices have neared $2,600 psf, adds Yip.

According to caveats lodged (up till 4 July 2026), the six earlier project launches in Lentor Hills estate have collectively sold 2,929 out of their 2,954 units (or about 99.2%), notes PropNex's Fong.

"While being first-movers in new housing precincts helped to drive demand at Tengah Garden Residences and Vela Bay, buyers of Lentor Gardens Residences are buying into a neighbourhood that has been progressively built up over the years with various infrastructure already in place, such as the Lentor MRT station and the Lentor Modern mall," adds Fong. "In the coming months, we would expect take-up at Lentor Gardens Residences to continue to build given the limited unsold stock in the Lentor area."

Lentor Gardens Residences is the seventh condominium launch in the precinct, bringing the total number of residential units in the Lentor Hills estate to about 3,400. Of the six projects launched earlier, fewer than 30 units remain unsold to date, says Marcus Chu, CEO of ERA Singapore.

ERA reckons some buyers of Lentor Gardens Residences are likely to be HDB upgraders from nearby Ang Mo Kio, where about 79 flats sold for at least $1 million in the first half of this year — close to the 80 million-dollar transactions recorded for the whole of last year. Others are likely to be residents of surrounding landed estates looking to right-size without leaving the area, says Chu.

Read also: Lentor Gardens Residences: Capitalising on Lentor’s growth momentum

An eighth residential land parcel in Lentor Hills estate was sold to GuocoLand, Hong Leong Holdings and TID (a joint venture between Hong Leong Group and Mitsui Fudosan) in March. The site can yield 560 residential units, bringing the total in Lentor Hills to about 4,000.

The project is expected to launch next year. "By then, a larger proportion of the precinct's residential developments would have been completed, with more residents having moved into the area and supporting amenities becoming even more established," says Mohan Sandrasegeran, head of research and data analytics, SRI. "This continued evolution is expected to further strengthen Lentor's positioning as one of Singapore's newest established private residential neighbourhoods."

The healthy take-up at Lentor Gardens Residences further reinforces Outside Central Region (OCR )'s continued resilience in the new home sales market, adds Sandrasegeran. In 2Q2026, about 70% of the estimated 2,151 new private homes sold were in the OCR, highlighting buyers' continued preference for well-connected suburban developments.

"Despite geopolitical uncertainties, demand for OCR homes has generally been resilient through 2026, underpinned by first-time homebuyers and upgraders, relatively stable interest rates, and a tight labour market," says PropNex's Fong. "Taken together, the sales performance at Tengah Garden Residences, Vela Bay, and Lentor Gardens Residences this weekend points to sustained buying interest for mass-market homes that are well-located and meet the value perceptions of buyers."

Prospective buyers may also have factored in the pricing outlook for future OCR projects, as land costs in the OCR have risen in recent years, notes Fong. Land rates for some government land sale residential sites have exceeded the $ 1,300 psf per plot ratio level. "By contrast, the land cost for the Lentor Gardens Residences site was $920 psf ppr, which may offer the developer more pricing flexibility than sites acquired at higher land rates."

Check out the latest listings for Lentor Gardens Residences properties

## Chinese translation

> Translation model: grok

### Lentor Gardens Residences开盘日售出54%单位，均价每平方英尺2,350新元

Lentor Gardens Residences以均价每平方英尺2,350新元售出502个单位中的270个，三间零售店均价每平方英尺2,550新元全部售罄

发展商金福集团（Kingsford Group）表示，Lentor Gardens Residences于7月18日开盘日售出项目499个公寓单位中的270个（54%）。住宅单位均价为每平方英尺2,350新元。上述销售不包括三栋分层地契排屋。

三间分层零售店亦全部售出，均价为每平方英尺2,550新元。

“我们认为，Lentor Gardens Residences的销售表现稳健，是Lentor Hills地区第七个推出的项目。一个周末售出270套新房，以任何标准衡量都是健康的结果，买家反应告诉我们Lentor故事依然强劲，”PropNex首席执行官方智权（Kelvin Fong）说。“作为该区域第七个开盘项目仍能取得54%认购率，也说明这里的需求深度。”

据金福集团，开盘日销售中三房式占42%，两房式占40%，四房式占18%。新加坡公民占买家的91%，其余为永久居民及外国人。

获取Lentor Gardens Residences可售单位与价格的最新详情

Lentor Gardens Residences在占地222,161平方英尺、99年地契的地段上，由三栋16层及一栋8层楼宇组成共499个公寓单位，另加三栋分层排屋。发展商称，楼宇坐落于约200米水景之上，可能是Lentor Hills片区最长的水景足迹。

三栋分层排屋各有五间卧室，并可直达75米游泳池。项目背靠即将落成的Lentor Hillock公园。预计于2030年12月取得临时入伙准证（TOP）。

Realion（OrangeTee & ETC）集团副集团首席执行官Justin Quek指出，Lentor Gardens Residences买家以购买首套住房的年轻夫妇，以及由父母支持购房的年轻单身人士为主。“项目高效的单位格局深受买家欢迎，”他说。

Quek强调，三房式紧凑型及三房式紧凑加书房型均100%售罄，各15个单位在数小时内被抢购。这些单位均价介乎205万至221万新元，他认为对寻求实用空间的买家而言属可接受的总价。

买家亦愿意为额外空间支付溢价。两房式尊尚型认购率达93%（30个单位中售出28个），三房式尊尚型为79%（77个单位中售出61个），Quek指出。

PropNex的方智权表示，项目便利的位置——步行数分钟可达Lentor地铁站及Lentor Modern商场，邻近圣尼各拉女校（St. Nicholas Girls’ School）等口碑学校——亦吸引买家。

另读：Lentor Gardens Residences 7月4–5日预览吸引5,000名访客

“那些在2022年Lentor刚推出时犹豫的人已经回归，受Lentor Modern及其综合商场落成的推动，”合登亚洲（Huttons Asia）首席执行官叶惠明（Mark Yip）说。

605个单位的Lentor Modern是2022年9月Lentor Hills地区首个推出的项目。住宅楼坐落于与Lentor地铁站（汤申–东海岸线）综合的商场之上。Lentor Modern于2025年8月取得TOP，商场于今年1月开业。叶惠明补充，Lentor Modern早期买家平均获益超过30万新元，峰值接近60万新元，而转售价格已接近每平方英尺2,600新元。

据已呈报的买卖契约（截至2026年7月4日），PropNex的方智权指出，Lentor Hills地区较早推出的六个项目合共售出2,954个单位中的2,929个（约99.2%）。

“虽然作为新住宅片区的先行者有助于推动Tengah Garden Residences与Vela Bay的需求，但Lentor Gardens Residences的买家买进的是一个多年来逐步建成、各项基础设施已到位的社区，例如Lentor地铁站与Lentor Modern商场，”方智权补充。“未来数月，鉴于Lentor一带未售库存有限，我们预期Lentor Gardens Residences的认购将继续积累。”

Lentor Gardens Residences是该片区第七个公寓开盘项目，使Lentor Hills地区住宅单位总数达到约3,400个。ERA新加坡首席执行官朱福兴（Marcus Chu）表示，较早推出的六个项目中，至今未售单位不足30个。

ERA认为，Lentor Gardens Residences的部分买家可能是来自邻近宏茂桥的组屋升级者——该区今年上半年约有79套组屋以至少100万新元成交，接近去年全年80宗百万成交的水平。朱福兴称，另一些买家可能是周边有地住宅区居民，希望在不离开该区的情况下调整居住规模。

另读：Lentor Gardens Residences：借势Lentor增长动能

Lentor Hills地区第八幅住宅地段于3月售予国浩置地（GuocoLand）、丰隆控股（Hong Leong Holdings）及TID（丰隆集团与三井不动产合资）。该地段可建约560个住宅单位，使Lentor Hills总数达到约4,000个。

项目预计明年推出。“届时，该片区更大比例的住宅发展将已竣工，更多居民迁入，配套设施亦更加完善，”SRI研究与数据分析主管Mohan Sandrasegeran说。“这一持续演进料将进一步巩固Lentor作为新加坡最新成熟私人住宅社区之一的定位。”

Sandrasegeran补充，Lentor Gardens Residences的健康认购进一步强化中央区以外（OCR）在新房销售市场中持续的韧性。2026年第二季，估计2,151套已售私人新房中约70%位于OCR，突显买家持续偏好交通便利的郊区发展项目。

“尽管地缘政治存在不确定性，2026年OCR住宅需求总体保持韧性，由首购者与升级者、相对稳定的利率及紧俏的劳动力市场支撑，”PropNex的方智权说。“综合来看，本周末Tengah Garden Residences、Vela Bay与Lentor Gardens Residences的销售表现，显示对位置优越、符合买家价值认知的大众市场住宅持续有兴趣。”

方智权指出，潜在买家亦可能已计入未来OCR项目的定价前景，因近年来OCR土地成本上升。部分政府售地住宅地段的地价已超过每平方英尺建筑容积率1,300新元的水平。“相比之下，Lentor Gardens Residences地段的土地成本为每平方英尺建筑容积率920新元，或可为发展商提供比以更高地价取得地段者更大的定价灵活性。”

查看Lentor Gardens Residences物业的最新挂牌