With reports on Lentor Modern selling over 84% of all its units on its launch day, it is no surprise that Lentoria, a condo within the same region, has drawn a lot of attention recently. I was surprised by the transactions at Lentor Modern and did some research on Lentoria, only to find that this new condo at Lentor has the better potential, due to the following 3 reasons:

Low risk: One Kilometer to CHIJ St Nicholas Girls’ School

Parents, for the sake of their children, can go through great lengths to secure their future. This has in times past, given a premium to homes within 1 kilometer of popular primary schools. Lentoria is 1 kilometer to the famous CHIJ St Nicholas Girls’ School, and Singaporean parents who want an advantage during the Primary One school balloting will consider Lentoria as their new home. This demand for prime housing near a Primary school has historically supported condominium prices, and we expect this factor will support the Lentoria prices today and in the future.

Map of 1 km radius around Lentoria

High reward: Planned development of area with key amenities.

Lentor Hills estate is quickly developing into a modern new town in Singapore. With the new shopping mall erecting above the Lentor MRT station just a short drive away, families living in Lentoria can easily get their daily necessities and routine done. Buyers who value convenience will appreciate this condominium.

Completion Of The Thomson-East Coast Line

With all stations along the Thomson-East Coast Line expected to be operational by 2024, the quick commute from Lentor Hills to Orchard and the financial district will be a core reason for working professionals to reside in this condo. Many can go from their hectic work place in the Central Business District to their tranquil home within 30 minutes. Furthermore, they can easily take a weekend vacation to Johor Bahru by riding to Woodlands and crossing the border within 20 minutes.

Conclusion

With these 3 main factors backing the demand and price floor for Lentoria, I will recommend this residence for investors seeking steady capital appreciation grounded to the gradual development of the entire region. The fact that our government is building Lentor Hills into the next new town confirms my predictions that the influx of families will support Lentoria condo rates and rents in the middle to long term.

Keen to experience the environment at Lentoria? Book An Appointment to view the showflat today!