Who are the Developers of Lentor Central Residences
Lentor Central Residences is a joint venture by three well-known developers: Hong Leong Holdings, Guocoland, and CSC Land Group. This consortium brings together a wealth of experience, expertise, and a strong reputation in Singapore's property market.
Hong Leong Holdings: Established in 1968, it is a leading property developer in Singapore known for its diverse portfolio of residential, commercial, and industrial properties. The company is committed to delivering innovative and high-quality developments that cater to modern lifestyles.
Guocoland: A subsidiary of Hong Leong Group, it is renowned for developing premium integrated and mixed-use developments that combine residential, retail, and commercial spaces.
CSC Land: A subsidiary of China State Construction Engineering Corporation, it is one of the world's largest construction companies known for delivering quality developments with practical layouts that meet contemporary living needs.
What are the Prices for Lentor Central Residences?
The prices for Lentor Central Residences are not available yet.
However, during the government land tender in September 2023, the consortium comprising Hong Leong Holdings, GuocoLand and CSC Land Group submitted the winning bid of $435.1 million for the 99-year leasehold, 158,264 sq ft site. This translates to a land rate of $982 psf per plot ratio (psf ppr).
Hence, Lentor Central Residences is expected to sell at an average price between $2,100 to $2,200 psf.
Pricing Comparison of New Lentor Private Residential Developments
| Projects | Developer | Land Cost (psf ppr) | Launch Date | Average Sale Prices (as of 13 Feb 2025) | Percentage Sold |
| Lentor Modern | GuocoLand | $1,204 | 17 September 2022 | $2,267 psf | 100% |
| Lentor Hills Residences | Intrepid Investments, GuocoLand and TID Residential | $1.060 | 9 July 2023 | 2,146 psf | 99% |
| Hillock Green | China Communications Construction Co, Soilbuild Group Holdings and United Engineers | $1,108 | 11 November 2023 | $2,203 psf | 83% |
| Lentoria | TID Pte Ltd | $1,130 | 3 March 2024 | $2,184 psf | 69% |
| Lentor Mansion | Guocoland and Intrepid Investments | $985 | 17 March 2024 | $ 2,271 psf | 97% |
Where is Lentor Central Residences Located?
Lentor Central Residences Location
Lentor Central Residences is conveniently situated in the peaceful yet accessible Lentor Central area in Singapore’s northern region.
It is surrounded by lush greenery next to Hillock Park, offering residents a serene environment to call home. The Springleaf Park Connector runs through the precinct to Upper Thomson Road, providing residents a pleasant environment for jogging or a leisure stroll.
The location is very convenient, with Lentor MRT station on the Thomson-East Coast Line just a short stroll away, making travel around the island and city a breeze.
Right across the road is Lentor Modern, a mixed-use development with retail stores, dining options, and a CS Fresh supermarket. Hence, residents have everything they need without having to travel far.
Transport Connectivity
An attractive aspect of Lentor Central Residences is its excellent connectivity. The development is just a short 5- to 6-minute walk from Lentor MRT station on the Thomson-East Coast Line. This provides residents with direct access to:
- Orchard Road, Singapore's premier shopping and entertainment district
- Marina Bay, a vibrant waterfront precinct
- The Central Business District (CBD), Singapore's financial hub
Moreover, it is just 3 stops from Woodlands MRT station, an interchange between the Thomson-East Coast and North-South Line. This will offer residents more commuting options.
As Woodlands is developing into the largest regional centre in the north, this will offer promising investment potential.
In addition, the Woodlands North MRT station, a further stop away, will be the terminus of the Johor-Singapore Rapid Transit System (RTS). And with the recent establishment of the Johor-Singapore Special Economic Zone (JS-SEZ), Woodlands is poised to see significant growth in the coming years.
Meanwhile, the nearby Seletar Expressway (SLE), Central Expressway (CTE), and upcoming North-South Corridor (NSC) offer excellent connectivity for drivers. These expressways connect residents to other parts of Singapore, ensuring a smooth and efficient commute regardless of whether they take private or public transport.
Shopping Centres and Amenities Near Lentor Central Residences
Lentor Central Residences enjoys convenient access to a wealth of amenities that cater to residents' various needs.
Just opposite it is the upcoming Lentor Modern Mall, an integrated development offering retail, F&B, and a CS Fresh supermarket. There are also a slew of shopping malls within a short train ride or drive from the development and they include:
- Thomson Plaza
- Causeway Point
- Sembawang Shopping Centre
- Sun Plaza
- Canberra Plaza
- Northpoint City
- AMK Hub
- Bishan Junction 8
As these malls provide a wealth of retail, dining, and entertanment options, they significantly enhance the quality of life for residents. They will enjoy a more convenient and fulfilling lifestyle without the need for lengthy commutes into the city.
Thomson Plaza
Causeway Point
Thomson Nature Park
Upper Seletar Reservoir
The availability of a diverse range of good schools in close proximity to Lentor Central Residences significantly enhances the quality of life for families. This convenient access to quality education minimises daily commuting time, allowing residents to spend more time with their children and enjoy a more balanced lifestyle.
Secondary Schools and Junior Colleges
Several top-tier secondary schools, including Raffles Girls' School and Raffles Institution are within a 20-minute drive.
In addition, easily accessible via the Stevens MRT interchange (Thomson-East Coast and Downtown Lines) are renowned schools along Bukit Timah/Dunearn Road belt. Some of these include:
- Methodist Girls' School
- Singapore Chinese Girls' School
- Nanyang Girls' High School
- Chinese High School
- Hwa Chong Institution
- National Junior College
International Schools Nearby
Several international schools are just a 13-19 minutes drive from Lentor Central Residences. This will appeal to expatriates working in the north region as they will provide their children with convenient access to quality education. Some of these schools include:
- Sir Manasseh Meyer International School at Sembawang
- XCL World Academy at Yishun
- Singapore American School at Woodlands
Proximity to Woodlands Regional Centre
Woodlands Regional Centre
Lentor Central Residences, situated in the north region of Singapore, benefits from its proximity to the Woodlands Regional Centre, the largest regional centre in the north.
This upcoming hub is envisioned as a major commercial and residential hub, offering:
- A wide range of job opportunities across various industries
- Lifestyle amenities such as shopping malls, dining options, and entertainment venues
- Recreational facilities including parks, green spaces, and community spaces for leisure activities
Woodlands Regional Centre is set to become an exciting destination, blending work, living, and leisure opportunities to create a vibrant urban environment for those living around it.
Major Developments in Woodlands Regional Centre
The following are some of the major developments in Woodlands that will help to further enhance the investment potential of Lentor Central Residences:
Transformation into a "Star Destination of the North": The Woodlands Regional Centre is envisioned as a vibrant live-work-play destination. Developments like the Woodlands Health Campus, Discovery Playground, and Community Nexus (consisting of a medical centre, eldercare and childcare centres, a hawker centre, dining and retail outlets, and housing for the elderly) enhance its appeal.
North Coast Innovation Corridor: A key economic driver to make Woodlands Regional Centre as a hub for innovation and business growth. By connecting Woodlands with other key developments like Seletar Regional Centre and Punggol Digital District, it fosters collaboration and creates a dynamic ecosystem for businesses and talent.
Convenient Cross-Border Links: The Woodlands Checkpoint and the upcoming Rapid Transit System (RTS) Link to Johor Bahru will facilitate smoother cross-border travel and business interactions, further strengthening Woodlands' position as a regional hub.
Enhanced Economic Ties with Malaysia: The construction of the Johor-Singapore Rail Transit System (RTS) and the creation of the Johor-Singapore Special Economic Zone (JS-SEZ) will foster greater economic cooperation and growth. This will solidify Woodlands' pivotal role as a crucial economic gateway for Singapore.
Investment Potential of Lentor Central Residences
Despite the launch of five residential projects totalling 2,477 units in the new Lentor housing precinct- Lentor Modern (605), Hillock Green (474), Lentoria (267), Lentor Hills Residences (598), and Lentor Mansion (533) – all the projects have been selling very well.
Lentor Modern is fully sold while Lentor Hills Residences and Lentor Mansion have moved 99% and 97% of their units respectively. This is despite some concerns about over-supply. Hence, it bodes well for Lentor Central Residences for the following reasons:
- Reputable Developers: The involvement of Hong Leong Holdings, Guocoland, and CSC Land Group instils confidence in the quality and potential of the development. Their strong track records and reputations contribute to the investment appeal of Lentor Central Residences.
- Enticing Location and Good Connectivity: The development's strategic location in the burgeoning Woodlands Regional Centre, together with its excellent connectivity via the MRT and expressways, makes it highly desirable for both homebuyers and tenants. This translates to strong rental demand and potential for capital appreciation.
- Green Living Environment: Nestled near nature parks, it offers a serene, healthy, and high-quality lifestyle.
- Growing Lentor Hills Estate: The Lentor Hills Estate is undergoing significant development, with new residential, commercial, and recreational facilities coming up in the area. This transformation will further enhance the attractiveness and value of properties in the area.
- Access to Essential Amenities: Family-friendly living with easy access to excellent schools, vibrant shopping malls, and abundant recreational options.
Comparative Market Analysis
Given the limited transaction history for new developments in Lentor, a comprehensive assessment of their growth potential is currently constrained. Nevertheless, to provide meaningful insights, this comparative market analysis will instead examine the district's 10-year average price (psf) performance against that of other well-established and popular housing estates over the past decade (see chart below).
This will provide us with an indication of Lentor Central Residences' investment potential.
Average Price Comparison - District 26 vs Districts 18, 19, and 22
Below is the results of the 10-year average price growth (psf) of the following districts:
- District 26 (Upper Thomson/Springleaf): +158.70%
- District 22 (Jurong): +84.92%
- District 19 (Serangoon Garden/Hougang/Punggol): +65.99%
- District 18 (Tampines/Pasir Ris): +72.83%
As illustrated, District 26 where Lentor Central Residences is located, has demonstrated the highest price appreciation over the last 10 years.
Woodlands' rising property values amid its emergence as a vibrant residential and commercial hub, mirroring the successful transformations of Tampines and Jurong under previous URA Master Plans introduced before it, is unsurprising. Tampines is the first regional centre in Singapore while Jurong Lake District is evolving to become the largest business district outside the city.
Since the unveiling of the URA 2013 Draft Master Plan, Woodlands has developed significantly, leading to enhanced infrastructure, improved amenities, and increased connectivity. These developments have naturally driven a rise in property values, making Woodlands an attractive investment destination.
This is evidenced by the strong market reception of Norwood Grand which achieved an 84% sales rate during its launch in October 2024. This robust demand underscores the growing investor and homebuyer confidence in Woodlands' evolving landscape.
For astute homebuyers and property investors, Woodlands offers a promising investment opportunity. This is because it is still evolving and many major projects are still at their nascent stages, providing a "first-mover" advantage.
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