Lentor GLS

[ThinkCarefully]

###

So Hou tang
After selling land at high price... now taking about wealth tax.... (capital gain tax and inheritance tax?)

#}#

 

[Forever84]

Wow… Lentor 2k psf… amazing

is it the more ulu the more expensive these days? Can fight orchard FH pricing

 

[daheigou999]

Surprised to see Guocoland bidding so high for this site. Either they are very land hungry or they are very confident with the demand of this site.

Their bid is almost twice the price in psf they bidded for Penrose, which is supposedly nearer to town.

This land bid is higher than Martin Modern few years back

CCR vs. OCR

 

[page||]

Never ending up up uppppp ...

like that really will have cooling measures?...

 

[sinequa88]

ask government to award the winning bid to the mid-level bidder... hahaha
but then government wont earn as much wor...

 

[NiShiZhu]

This land bid is higher than Martin Modern few years back

CCR vs. OCR

Eh black doggy, keep quiet and stop reminding the OCR new launch buyers lah. Don’t ruin the party.

Wait scully they became sober and withdraw their Cheques for PR8 how? Me and u only can eat wind next time.

 

[pippo20]

ask government to award the winning bid to the mid-level bidder... hahaha
but then government wont earn as much wor...

Mid level bidder the developer will still set to max price that the market can tahan, u think developers are hdb or charity? Let them bid high nobody buys sell at loss is not it better haha, more money to replenish our govt coffers. Another $1.1b gone today.

 

[1993newbie]

https://www.edgeprop.sg/property-ne...-new-project-lentor-central-set-launch-2h2022

GuocoLand to set new benchmark with new project at Lentor Central, set to launch in 2H2022​

 

[Passerboy]

https://www.edgeprop.sg/property-ne...-new-project-lentor-central-set-launch-2h2022

GuocoLand to set new benchmark with new project at Lentor Central, set to launch in 2H2022​

Nice! The Lentor plan!

 

[1993newbie]

More GLS with Lentor mrt connectivity in years to come . Reminds me of Hillview and Dairy Farm Enclave. 1 plot of Mixed Dev surrounded with private dev GLS.

 

[1993newbie]

Next enclave along TEL line > BAYSHORE!
1 plot of ITH mixed dev and many residential plot around it. Mixture of Public and Private Housing.

 

[holasingapura]

FOUR more land parcels at Lentor available. Is Guccoland sweating?

No wonder share price already falling sharply beforehand.

 

[holasingapura]

https://www.edgeprop.sg/property-ne...-new-project-lentor-central-set-launch-2h2022

GuocoLand to set new benchmark with new project at Lentor Central, set to launch in 2H2022​

gg - can short Guocoland shares.

 

[CaptainSGP]

gg - can short Guocoland shares.

But…. I think their mixed development projects at Bugis are very profitable.

Lentor 1200 psf ppr includes retail space. So residential earn less cos of more supply / lower prices. But value of the retail space will be worth more. Kindof offsets each other.

 

[Oftheseas]

But…. I think their mixed development projects at Bugis are very profitable.

Lentor 1200 psf ppr includes retail space. So residential earn less cos of more supply / lower prices. But value of the retail space will be worth more. Kindof offsets each other.

I do agree that GuocoLand need not be too concerned with their Lentor mix site.

For the next 1 or 2 adjacent sites, they just need to put in a defensive bid of $1050~$1100 psf. For big developers controlling the land supply means they will have some level of pricing power.

 

[Passerboy]

I do agree that GuocoLand need not be too concerned with their Lentor mix site.

For the next 1 or 2 adjacent sites, they just need to put in a defensive bid of $1050~$1100 psf. For big developers controlling the land supply means they will have some level of pricing power.

There is one Lentor Hill GLS plot that closes in mid Jan2022. I think the successful bid would barely cross $1000psf.

 

[Falafell]

There is one Lentor Hill GLS plot that closes in mid Jan2022. I think the successful bid would barely cross $1000psf.

Very exciting times ahead. I share the same sentiments as you. I do think that bids at Lentor will be less aggressive for the upcoming 3 plots

 

[Passerboy]

Very exciting times ahead. I share the same sentiments as you. I do think that bids at Lentor will be less aggressive for the upcoming 3 plots

Yes, there should be plenty of opportunities for buyers in the north next year of 2023.

 

[Oftheseas]

Very exciting times ahead. I share the same sentiments as you. I do think that bids at Lentor will be less aggressive for the upcoming 3 plots

I fully agree with both of you that bidding will be less aggressive and cautious. But I don’t see how GuocoLand will not defend its turf and let the smaller Jan 22 plot slip below $1000 psf.

 

[Passerboy]

I fully agree with both of you that bidding will be less aggressive and cautious. But I don’t see how GuocoLand will not defend its turf and let the smaller Jan 22 plot slip below $1000 psf.

We will see my sense is it will be between $9xx-$1000psf for the upcoming land bid at Lentor.

Developers would definitely be very cautious, think of Penrose site for example, site was launched post CM in 2018, Guoco bid for that site was even lower than the bid they submitted for SUO, their bid was second highest.