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

“The household locations at Lentor Hills Road (Parcel A) plus Jln Tembusu are released available under the Verified Selection whereas Lentor Hills Rd (Plot B) is ready for requisition beneath the Reserve List,” announced URA. All three plots holds a Ninety Nine year rent tenure and are zoned for household purpose.

Including a surface area of Seventeen thousand One hundred Thirty Six sq meter, the site at Lentor Hills Road (Plot A) holds a max gross floor area of 51,411 sq meter plus is presumed to return around 5hundred 95 house units. The 10,821.9 sq m site at Lentor Hills Road (Parcel B) enjoys a highest GFA of Twenty Two thousand Seven hundred Twenty Six sq m and is anticipated to generate around Two hundred Sixty Five home units.

The Jln Tembusu location, meanwhile, has a size of 19,567.4 sq m also an utmost gross floor area of Fifty Four thousand Seven hundred Eighty Nine square metre. It is presumed to yield around 6hundred 40 houses.

Together, the 3 locations can return around 1,500 domestic units.

The tender for the land plots at Lentor Hills Rd (Plot A) and Jalan Tembusu terminates on 18January2K22.

Huttons Asia indicated that the Jln Tembusu plot positions on a favored area for plenty of homebuyers, and that “is generally not a long way from Tanjong Katong MRT terminal”.

Mori Condo

“We estimate the successful tender rate being in between $1,400 and $1,500 psf per plot ratio. As the flat out quantum is significant, the number of investors might possibly be confined at ten,” it claimed.

With Regard To the Lentor Hills spot, Huttons expects the triumphant tender to run around $1.15K and $1.25K per square feet ppr and for the plot to get not greater than ten bidders.

Situated only in front of the Lentor Mass Rapid Transit station, the Lentor Hills location “is the 2nd spot to get commenced in the area after Lentor Central”.

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