Lentor Gardens Residences Sells 270 of 499 Units Over Launch Weekend at Average S$2,350 PSF

The sales were led by three-bedroom units, which made up 42% of transactions, followed by two-bedroom units (40%) and four-bedroom units (18%). Singaporeans accounted for about 91% of buyers, while permanent residents and foreigners made up the remaining 9%.

Three-bedroom compact and study layouts were fully sold within hours, reflecting demand for functional units at a manageable quantum of between S$2.05 million and S$2.21 million. The two-bedroom premium units achieved a 93% take-up rate, while 79% of the three-bedroom premium units were sold.

Justin Quek, deputy group chief executive officer of Realion (OrangeTee & ETC) Group, said buyer profiles at the launch were dominated by young couples securing their first matrimonial homes, along with young singles supported by their parents.

Built on a 99-year leasehold site, Lentor Gardens Residences comprises three 16-storey towers, one eight-storey tower and three strata terrace houses, built above an approximately 200-metre waterscape. The development is expected to obtain its Temporary Occupation Permit in December 2030.

Kelvin Fong, chief executive officer of PropNex, said the launch weekend sales represent a solid outcome for the seventh project to launch in the Lentor Hills estate. He noted that the six other Lentor projects have collectively sold 2,929 of their 2,954 units, or about 99.2%, based on caveats lodged till July 4.

He said prices at Lentor Gardens Residences, from around S$1.4 million for two-bedders and S$1.9 million for three-bedders, sit within the range that mass-market buyers are prepared to commit to. Fong added that demand for homes in the Outside Central Region (OCR) has been resilient through 2026, supported by first-time buyers, upgraders, stable interest rates and a tight labour market.

Nicholas Mak, chief research officer of Mogul.sg, said the healthy demand illustrates the strong confidence among homebuyers for private housing in Lentor, even though this is the seventh launch in the area within four years. Sales were partly fuelled by pent-up demand, as developers had held back launches after cooling measures were introduced in early May and during the June school holidays.

Mak added that the project’s proximity to Lentor MRT station and Lentor Modern mall, along with a catchment of more than 860,000 residents nearby, supports demand. He also noted that the developer’s land price of S$920 psf per plot ratio, the lowest among the eight Lentor sites sold by the government, gave it pricing flexibility.

Mohan Sandrasegeran, head of research and data analytics at SRI, said the launch sets a positive tone for the second half of 2026 as the first major private residential launch of the period. He noted that buyers are no longer purchasing purely into the precinct’s future vision but are evaluating a neighbourhood already taking shape. Demand was concentrated in two and three-bedroom units, reflecting sustained appetite for family-oriented homes among owner-occupiers.