Lentor Modern by Guocoland

[sgpropertyblog]

Development Attributes

• 605 units, 3 Blocks of 25-storey
• 1-4bdrms type
• Direct access to Lentor MRT station along Thomson-East Coast Line (TE5), only 6 stops away to future Orchard MRT station
• Rare mixed-use development that comprises 605 residential units and more than 96,000 sqft of commercial space
• Commercial component including retail shops, F&B, approx. 10,000sqft for supermarket and approx. 10,000 sqft for childcare centre
• Proven track record of premier developer Guocoland in building transformative and integrated development
• Proximity to established schools like CHIJ St Nicholas Girl’s School, Anderson Primary School, and Raffles Institution

estimated to launch in Sept / Oct

 

[noobkia]

reporting in before bear bashing starts!

 

[sotong007]

sales prediction

80% sales on D1 if psf reasonable at $21xx-22xx
otherwise if pst 24xx sales only 50% on D1

lots of spillover effect from AMO, over 1k ppl cant even step into showroom to select unit

 

[bujingyun82]

Likely to do well too lol

 

[CaptainSGP]

sales prediction

80% sales on D1 if psf reasonable at $21xx-22xx
otherwise if pst 24xx sales only 50% on D1

lots of spillover effect from AMO, over 1k ppl cant even step into showroom to select unit

After seeing the Amo hot response, Guocoland should price LM higher at 23xx to 24xx psf average. Plus it is integrated (although mall space limited) with MRT, this deserves a premium over Amo !

 

[fearhimwhofearsnothing]

All new launches now 2k++?

 

[gonewiththesmart]

Is it a warning


越吹越大的楼市泡沫？
https://www.zaobao.com.sg/finance/singapore/story20220724-1295862

 

[Bubble2030]

Is it a warning


越吹越大的楼市泡沫？
https://www.zaobao.com.sg/finance/singapore/story20220724-1295862

Equity drawdown through asset financing is low in risk for banks, imagine if one take 800k loan, but because they have $200k under priority banking and bank disburse extra 200k, don't think it's a red flag at all. If IR rise can just pay down the 200k.

In fact the 55% TDSR provide enough safeguard since it's based on income only and disregard the cash and assets one has in overall HH balance sheet. One can service mortgage through income, if not just use cash on hand pay it down

 

[sgpropertyblog]

After seeing the Amo hot response, Guocoland should price LM higher at 23xx to 24xx psf average. Plus it is integrated (although mall space limited) with MRT, this deserves a premium over Amo !

definately will launch higher than AMO due to the breakeven prices..

 

[sgpropertyblog]

All new launches now 2k++?

for Private, most of them tis pricing le..which makes EC at 13xxpsf so cheap lai, parc greenwich got one more unit at 13xxpsf..

 

[AlanKohCD]

Development Attributes

• 605 units, 3 Blocks of 25-storey
• 1-4bdrms type
• Direct access to Lentor MRT station along Thomson-East Coast Line (TE5), only 6 stops away to future Orchard MRT station
• Rare mixed-use development that comprises 605 residential units and more than 96,000 sqft of commercial space
• Commercial component including retail shops, F&B, approx. 10,000sqft for supermarket and approx. 10,000 sqft for childcare centre
• Proven track record of premier developer Guocoland in building transformative and integrated development
• Proximity to established schools like CHIJ St Nicholas Girl’s School, Anderson Primary School, and Raffles Institution

estimated to launch in Sept / Oct

Base on AMO sale I think the average Psf will be above $2600

 

[sgpropertyblog]

Base on AMO sale I think the average Psf will be above $2600

my gut feel.. will be ard 24xx-25xx psf average...

*disclaimer, i may be wrong ya

 

[Bubble2030]

guocoland is positioned as a premium developer, their prices should be higher than UOL/CDL based on branding assuming land bought same price..somemore lentor is mixed development and land bought at higher rate, so likely will launch higher than AMO

 

[CaptainSGP]

sales prediction

80% sales on D1 if psf reasonable at $21xx-22xx
otherwise if pst 24xx sales only 50% on D1

lots of spillover effect from AMO, over 1k ppl cant even step into showroom to select unit

I think 24xx psf can achieve 60-70% sold on D1, with all the 2b & 3b compact sold

Buyers will think that by the time LM TOP, interest rates will be lower than during launch…. Reasonable or not - the buyers will take the risk.

 

[CaptainSGP]

my gut feel.. will be ard 24xx-25xx psf average...

*disclaimer, i may be wrong ya

I’m skeptical that there will be huge demand at 25xxpsf…. Demand destruction certainly has to come in at these prices ! But I may underestimate FOMO lol

 

[CargoSQ]

I guess average 2300psf ba. Anything higher is like too expensive

 

[Forever84]

I’m skeptical that there will be huge demand at 25xxpsf…. Demand destruction certainly has to come in at these prices ! But I may underestimate FOMO lol

25xx can sell out I chop

 

[Bubble2030]

there are only 2 last plot where launch price can be below 2k psf, one is tanah merah, the other is new Dairy farm GLS..from then onwards i guess 2k psf will be the new norm

cant be helped as everyone prefer new over old if its for own stay

just ask your wife if she prefers a new or 2nd hand hand-me-down chanel

for men just ask yourself if you prefer 1st or 2nd hand Audi/BM or new IP13 vs IP3

 

[CaptainSGP]

I guess average 2300psf ba. Anything higher is like too expensive

23xx psf makes more sense given AMO 21xx psf !

 

[Bubble2030]

23xx psf makes more sense given AMO 21xx psf !

UOL is known among buyers as a brand which focus on delivering value , they only adjusted price minimally though there is opportunity to raise it to >2.3k psf, this says alot on their ethos

Guoco, Far East, SC global are the premium developers where they have tendency to launch at high, still remember Far East Org with their penthuose in Silversea, held 10 years still unwilling to drop price.