Lentor Hills Residences sells half of its units during weekend launch

It achieved an average selling price of slightly above $2,000 psf.

Half of Lentor Hills Residences units (299 of 598) got sold during its weekend launch.

The average selling price of units sold was slightly above $2,000 psf.

According to PropNex, 70% of the units sold during launch were 1-bedder and 2-bedder unit types.

“Many buyers of Lentor Hills Residences were drawn to the project’s location within an up-and-coming neighbourhood that is close to central Singapore. The sensitive pricing for the units – with prices starting at $945,000 for a one-bedder and $1.356 million for a two-bedder – likely also appealed to buyers as this price range is well within the pricing sweet spot of most homebuyers,” Ismail Gafoor, CEO of PropNex Realty, said.

Meanwhile, Gafoor said the project’s healthy take-up rate reflects the “ resilient underlying demand for new private homes amongst homeowners, and that there is still ample liquidity in the market.”

Follow the link for more news on

PropNex

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia