# Lentor Gardens Residences Sold 54% At Launch — Here’s Which Layouts Sold Out First - **Source:** Stacked Homes - **Published:** 2026-07-20T09:32:53.000Z - **Author:** Timothy Tay - **Original:** https://stackedhomes.com/lentor-gardens-residences-sold-54-at-launch/ - **Topics:** Private Residential, New Launches, Transactions & Deals ## Featured rationale The take-up signals resilient suburban demand, particularly for functional three-bedroom homes at manageable price points, and could support remaining sales amid limited Lentor inventory. ## AI summary Lentor Gardens Residences sold 270 of 499 units, or 54%, at an average $2,350 psf during its July 18-19 launch weekend. ## Original article The take-up rate at the sales launch of Lentor Gardens Residences, which took place over the July 18-19 weekend, signals that the area hasn’t lost its shine among homebuyers. Lentor Gardens Residences is the first development by Chinese developer Kingsford Group in the Lentor Hills estate. The 499-unit condominium moved 270 units (54%) over its first sales weekend. The project set an average selling price of $2,350 psf. Overall, this was a good first showing by Kingsford Group and they were able to keep the average selling price steady. Lentor Gardens Residences is the seventh new project in this estate, and buyers would be entering into an already-established private residential market. Based on caveats, a total of 2,929 (99.2%) new condo units have been sold across the previous six new condo projects at Lentor Hills, out of the 2,954 units launched to date. Before the launch, we anticipated that the developer might significantly increase its selling price throughout the sales weekend, capitalising on the expected strong demand. Instead, we saw that a majority of buyers were young couples looking to secure their first homes together, as well as young singles who could rely on parents to support their purchases. In particular, all of the three-bedroom compact and three-bedroom compact + study units were snapped up within the first few hours. The prices for those units range from $2.05 to $2.21 million. According to Justin Quek, Deputy Group CEO of Realion (OrangeTee &ETC) Group, the sell-out of these two unit types indicates robust demand for functional spaces that maintain a palatable absolute quantum. On the other hand, we also saw buyers gravitate to some smaller unit types that provided meaningful extra space and high-quality provisions. The two-bedroom premium (HS) unit type was nearly sold out, moving 28 out of 30 units available. Meanwhile, the three-bedroom premium units saw a strong take-up rate with 61 of the 77 units sold. The two-bedroom showflat unit at Lentor Gardens Residences. The Premium (HS) configuration was nearly sold out last weekend. Overall, the sale of three-bedroom units at Lentor Gardens Residences accounted for 42% of the units sold this past weekend. It is followed by the sale of two- and four-bedroom units which made up 40% of units sold, with one-bedroom units making up the remainder. Separately, the three retail units in the development were also instantly swept up at an average of $2,550 psf. Kelvin Fong, CEO of PropNex Realty, points out that two-bedders started from around $1.4 million and from $1.9 million for the three-bedroom units, which sit comfortably within the range that mass-market buyers are prepared to commit to. “We believe buyers are also attracted to the project’s convenient location, being minutes’ walk from the Lentor MRT station, the Lentor Modern mall, and near well-regarded schools such as the St. Nicholas Girls’ School,” says Fong. He adds that the sales progress of Lentor Gardens Residences will continue to build up given the limited unsold stock in the Lentor area. HDB upgraders from the nearby Ang Mo Kio estate, where a growing number of million-dollar resale transactions have been recorded, contributed a significant portion of the buyers at Lentor Gardens Residences, says Marcus Chu, CEO of ERA Singapore. Buyers also came from residents of nearby landed estates who are looking to right-size without leaving their familiar neighbourhood; as well as buyers who wish to live near their parents, who live in the surrounding landed estates. More broadly, the take-up rate at Lentor Gardens Residences underlines the resilience of the suburban private residential market, or Outside Central Region (OCR). Close to 70% of the 2,151 new condo units sold by developers in 2Q2026 came from projects in the OCR, according to statistics compiled by SRI. Looking ahead, the next new project in Lentor will be jointly developed by GuocoLand, Intrepid Investments, and TID, who won the site after putting in to top bid of $657.1 million ($1,278 psf per plot ratio). That is the first time a government land sale (GLS) plot in Lentor has fetched a land rate of over $1,200 psf ppr. The new GuocoLand-led project on Lentor Central 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 & Data Analytics, SRI. Lentor Modern, the only integrated development in Lentor Hills, was completed earlier this year. In many aspects, Lentor Gardens Residences represents the next chapter in Lentor’s transformation. Sandrasegeran points out that earlier buyers were investing in the vision of a future residential precinct. But today’s buyers are increasingly purchasing into a neighbourhood that they can already experience, supported by completed developments, operational retail amenities, direct MRT connectivity and a growing residential community. ## Chinese translation > Translation model: grok_cli ### Lentor Gardens Residences开盘售出54%——这些户型最先售罄 Lentor Gardens Residences在7月18至19日的开盘周末以平均每平方英尺2,350新元售出499个单位中的270个，三房紧凑型单位全部售罄，且预计要到2027年才会有新的Lentor Hills项目开盘。 Lentor Gardens Residences于7月18至19日周末举行销售开盘，其认购率表明，该区域在购房者中的吸引力并未减退。 Lentor Gardens Residences是中国开发商经发集团（Kingsford Group）在Lentor Hills组屋区的首个项目。这个共499个单位的共管公寓在首个销售周末售出270个单位（54%）。项目平均售价定为每平方英尺2,350新元。 总体而言，这是经发集团的不错首秀，并成功将平均售价维持在稳定水平。Lentor Gardens Residences是该组屋区的第七个新项目，买家将进入一个已相当成熟的私人住宅市场。 根据买卖契约记录，Lentor Hills此前六个新共管公寓项目迄今共推出2,954个单位，已售出2,929个（99.2%）。 开盘前，我们预期开发商可能会在销售周末显著提价，以把握预期强劲的需求。结果却是，多数买家为希望一起购入首个家的年轻夫妇，以及可依赖父母支持购房的年轻单身人士。 尤其是，所有三房紧凑型及三房紧凑+书房单位在最初数小时内即被抢购一空。这些单位售价介于205万至221万新元。据立信产业（Realion，橘红产业OrangeTee &ETC集团）副集团首席执行官Justin Quek表示，这两类户型售罄表明，市场对既实用又绝对总价可接受的功能空间需求强劲。 另一方面，我们也看到买家倾向一些能提供有意义额外空间及优质配置的较小户型。两房高级（HS）户型几乎售罄，30个可售单位中成交28个。与此同时，三房高级单位认购强劲，77个单位中售出61个。 Lentor Gardens Residences的两房样板房。高级（HS）配置在上周末几乎售罄。 总体来看，Lentor Gardens Residences上周末所售单位中，三房单位占42%。其次是两房与四房单位，合共占所售单位的40%，其余为一房单位。 另外，项目内三个零售单位也以平均每平方英尺2,550新元瞬间售罄。 博纳产业（PropNex Realty）首席执行官Kelvin Fong指出，两房单位起价约140万新元，三房单位约190万新元起，处于大众市场买家愿意承担的价位区间内。 “我们相信，买家也被项目便利的地理位置所吸引：步行数分钟可达Lentor地铁站、Lentor Modern商场，并靠近圣尼各拉女校等口碑良好的学校，”Fong说。他补充称，鉴于Lentor一带未售库存有限，Lentor Gardens Residences的销售进度将持续推进。 ERA Singapore首席执行官Marcus Chu表示，来自邻近宏茂桥（Ang Mo Kio）组屋区的组屋提升者贡献了Lentor Gardens Residences相当一部分买家；该区百万新元转售交易数量正在增加。 买家亦包括邻近有地住宅区居民，希望在不离开熟悉邻里的前提下缩小居住面积；以及希望住在父母附近、而父母居于周边有地住宅区的买家。 更广义地看，Lentor Gardens Residences的认购率凸显了郊区私人住宅市场，即中央区以外地区（Outside Central Region，OCR）的韧性。据SRI汇编的统计，2026年第二季度发展商售出的2,151个新共管公寓单位中，近70%来自OCR项目。 展望未来，Lentor下一个新项目将由GuocoLand、Intrepid Investments与TID联合开发；他们以6.571亿新元（地积比每平方英尺1,278新元）的最高出价中标该地段。 这是Lentor政府售地（GLS）地段首次取得超过地积比每平方英尺1,200新元的地价。由GuocoLand牵头、位于Lentor Central的新项目预计明年开盘。 “届时，该片区更大比例的住宅项目将已竣工，更多居民已迁入，配套设施也会更加成熟，”SRI研究与数据分析主管Mohan Sandrasegeran表示。 Lentor Hills唯一的综合发展项目Lentor Modern已于今年较早时候竣工。 在许多方面，Lentor Gardens Residences代表了Lentor转型的下一章。Sandrasegeran指出，早期买家是在投资一个未来住宅片区的愿景。 但如今的买家越来越多是购入一个他们已经可以体验的邻里——有已竣工项目、运营中的零售配套、直达地铁连接，以及不断壮大的居住社区作为支撑。