Three residential sites at Lentor Hills Road, Jalan Tembusu released for sale

“The residential spots at Lentor Hills Rd (Plot A) and Jln Tembusu are commenced available for sale under the Verified Listing while Lentor Hills Rd (Parcel B) is offered for application within the Reserve Listing,” shared URA. All 3 spots featured a 99-year leasehold duration and also are zoned for household utilization.

Holding an area of 17,136.9 sq m, the plot at Lentor Hills Rd (Plot A) possesses a max GFA of 51,411 square meter and is calculated to produce nearly 5hundred 95 housing units. The 10,821.9 sq m location at Lentor Hills Road (Plot B) comes with an optimum gross floor area of 22thousand 7hundred 26 sq metre and even is presumed to yield about 2hundred 65 house units.

The Jln Tembusu plot, on the other hand, carries an area of 19thousand 5hundred 67 square metre also an optimum GFA of Fifty Four thousand Seven hundred Eighty Nine square m. It is forecasted to return nearly 6hundred 40 residences.

Sengkang Grand Residences Condo

Conjointly, the three sites can turn out more or less 1.5K non commercial units.

The offer for the land parcels at Lentor Hills Rd (Parcel A) and also Jalan Tembusu terminates on 18 January 2022.

Huttons Asia indicated that the Jalan Tembusu spot settles on a prominent location for numerous buyers, that “is really not far from Tanjong Katong MRT station”.

“We assess the victorious offer amount being between $1.4K and $1,500 psf per plot ratio. Being the flat out quantum is significant, the total of investors may be capped at 10,” it shared.

With Regard To the Lentor Hills spot, Huttons presumes the victorious bid to span in between $1thousand 1hundred 50 and $1thousand 2hundred 50 psf ppr and even for the location to get not beyond ten prospective buyers.

Situated just opposite the Lentor train terminal, the Lentor Hills plot “is the second site to become released in the location right after Lentor Central”.

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