If you’re interested in buying a condo unit in Guoco Midtown, you should check the Lentor Modern indicative price before making a purchase. This price can be quite high, especially compared to its neighbors like Guoco Midtown. However, you should consider that a condo here can be a great investment. Its proximity to the LRT station and its proximity to the Lentor MRT station can make it a good choice.
Lentor Modern is a residential condominium that is being developed by premier regional real estate group guocoland. The project has sky terraces in each tower and includes commercial, retail, and F&B space on the ground level. It will have a supermarket and childcare center. In keeping with the developers’ goals, Lentor Modern will offer residents an ‘all-in-one’ lifestyle. To find out more about the indicative price for this new condominium, please visit guocoland.com or contact the developer.
The indicative price for Lentor Modern depends on a number of factors. The development is surrounded by retail space, and the condo will be linked to the Lentor MRT station when it opens in 2021. The indicative price for Lentor Modern showflat depends on what the developer decides to include in the project. However, the developer is expected to maintain a competitive pricing strategy. Listed properties typically have higher prices than undeveloped ones. This is especially true in Singapore, where property prices can be highly volatile.
The development is located within the Thomson area, which has mostly landed homes and is close to parks and nature reserves. Top schools in the neighbourhood include Raffles Institution, Chinese High School, and Raffles Girls’ School. In addition to Lentor Modern, the community also has the Raffles Institution and Outram Park. If you have children, you may also want to consider Lentor Modern as a good investment.
Lentor MRT station
The highest bid for Lentor Central was $784.1 million, or 1.37% higher than the second-highest bid. At that price, a one-bedroom apartment could fetch around $1,950 psf. The third-highest bidder, a triple venture, put in a $744.4 million offer, which is approximately 4.5% higher than the winning bid. Several investors were interested in the project, which is located in the prime CBD area.
The Lentor Modern by Guocoland development has opened bidding for its condos and will sit on the most prime land in Lentor. It will be directly connected to a new Lentor MRT station. The development was won via a Government Land Sales tender, and Guocoland took the top spot by 4.5% over the second-place bidder. This land rate of $1,204 per sq. ft per plot ratio is unheard of in the area.
The Lentor Modern condo is close to nature reserves, and future Hillock and Linear parks are within the estate. The development is also near the Thomson Nature Park. According to the developer, GuocoLand is targeting the launch of Lentor Modern by 2022. Analysts expect a strong response from investors. The Calrose and Nuovo were launched 15 years ago, respectively. This means that the Lentor Modern will have a solid demand.