Lentor Gardens hits 54% sell‑through on launch weekend

Six earlier projects sold 99.2% of their combined units.

Lentor Gardens Residences' launch performance showed sustained demand for homes in the Lentor Hills estate, with 270 of 499 residential units sold over the weekend, or about 54%, whilst all three retail units were sold, property consultants said.

“The sales at Lentor Gardens Residences represent a solid outcome, being the seventh project to launch in the Lentor Hills estate,” said Kelvin Fong, CEO of PropNex. “Having 270 new homes sold in a weekend is a healthy result by any measure, and the buyers’ response tells us that the Lentor story is going strong.”

The six other projects in the neighbourhood had sold 2,929 of 2,954 units, or 99.2%, based on caveats lodged up to 4 July 2026, Fong noted.

Three-bedroom units accounted for about 42% of residential sales, followed by two-bedroom units at about 40% and four-bedroom units at 18%. Two-bedroom units started at around $1.4m, whilst three-bedroom units started at about $1.9m.

Fong said buyers were attracted by the project's location near Lentor MRT station, Lentor Modern mall, and schools including St Nicholas Girls’ School.

Mark Yip, CEO of Huttons Asia, said buyers who had hesitated when the Lentor estate was introduced in 2022 had returned as Lentor Modern and its integrated mall were completed.

Yip said early buyers at Lentor Modern had recorded average gains of more than $300,000, with peak gains approaching $600,000. Subsale prices at the development had neared $2,600 per square foot (psf).

He said Lentor Gardens Residences also stood out for its pricing, with a land price advantage over the next upcoming project in Lentor.

Justin Quek, Deputy Group CEO of Realion-OrangeTee & ETC Group, said the project drew young couples buying their first matrimonial homes, as well as young singles supported by their parents.

The three-bedroom Compact and three-bedroom Compact + Study units each recorded a 100% take-up rate, with 15 of 15 units sold in each category. The average price ranged from $2.05m to $2.21m.

The two-bedroom Premium (HS) units recorded a 93% take-up rate, with 28 of 30 units sold, whilst 61 of 77 three-bedroom Premium units were sold, giving the category a 79% take-up rate.

All three retail shops were sold at an average price of $2,550 psf, according to Quek. He added that demand could continue as the Lentor precinct has limited remaining housing supply, with one project in the vicinity expected to launch, possibly next year.

Fong said demand for mass-market homes in Singapore's Outside Central Region (OCR) had remained resilient through 2026, supported by first-time buyers and upgraders, stable interest rates, and a tight labour market.

He said the project also had a land cost advantage, with the Lentor Gardens Residences site acquired at $920 psf per plot ratio (ppr).

Some Government Land Sales residential sites in the OCR had reached more than $1,300 psf ppr, he added.

“This may offer the developer more pricing flexibility than sites acquired at higher land rates,” Fong said.