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

“The housing sites at Lentor Hills Rd (Plot A) and Jalan Tembusu are introduced up for sale beneath the Confirmed List while at the same time Lentor Hills Rd (Parcel B) is offered for application within the Reserve List,” stated Urban Redevelopment Authority. All of the 3 locations included a 99-year rent term as well as are zoned for housing use.

With a surface area of 17thousand 1hundred 36 square metre, the location at Lentor Hills Rd (Parcel A) possesses an optimum GFA of 51,411 square metre furthermore is anticipated to bring in about 595 housing units. The 10thousand 8hundred 21 sq metre plot at Lentor Hills Rd (Plot B) offers an optimum gross floor area of 22,726 square metre and is foreseed to produce approximately 2hundred 65 home units.

The Watergardens Condo

The Jalan Tembusu location, on the other hand, owns an area of Nineteen thousand Five hundred Sixty Seven sq m also a maximum gross floor area of 54thousand 7hundred 89 square meter. It is presumed to supply almost 6hundred 40 residences.

Together, the three sites can supply around 1,500 domestic units.

The offer for the land parcels at Lentor Hills Rd (Parcel A) also Jln Tembusu terminates on 18January’22.

Huttons Asia indicated that the Jln Tembusu location positions on a popular location for many purchasers, which “is not far-off from Tanjong Katong train terminal”.

“We assess the victorious tender figure being between $1,400 and $1thousand 5hundred psf per PR. Being the absolute quantum is considerable, the total of investors may possibly be limited at 10,” it reported.

Concerning the Lentor Hills site, Huttons presumes the triumphant proposal to range within $1,150 and $1,250 psf per PR also for the location to reap not greater than ten investors.

Found right opposite the Lentor Mass Rapid Transit terminal, the Lentor Hills location “is the 2nd plot to be introduced in the area after Lentor Central”.


Add Comment

Your Email address will not be published

error: Content is protected !!