Lentor Modern is a 99-year lease mixed commercial-residential development located between Lentor Central and Lentor Drive (D26 Yio Chu Kang).
Led by Guocoland, Lentor Modern will be developed at the Lentor Central GLS Site consisting of 605 residential units with three high-rise blocks at 25 storeys. The new development has an estimated price of $1900 to $2300 psf.
Information from https://lentormodernshowflat.sg/
The site is situated just doorstep to Lentor MRT and Hillock Park, and is part of the Lentor Hills estate.
The location of the site is excellent as it is just a stone throw away from Lentor MRT and Hillock Park. There is a shopping mall and supermarket nearby. The area is very well connected to other parts of Singapore. It is easy for people to access the area. The site is currently a vacant lot. The developer is looking to redevelop the site as soon as possible.
Popularity of Mixed-Developments in Singapore
Singapore’s multifaceted architectural designs are growing rapidly and will continue to grow this way. The demand for high quality residential developments and the demand for office space are driving the development of these new integrated developments.
The development of mixed-use developments in Singapore has become a major trend. The popularity of these developments has seen a rise in recent years. Some of the famous mixed-use developments include Marina Square, East Coast Parkway and Suntec City.
Mixed-use developments offer an attractive alternative to high-rise condominium complexes. These developments have a mix of residential housing and commercial developments.
The popularity of these developments is because of the way they integrate commercial and residential space into one. The integration of commercial space into residential developments is a great way to increase the appeal of these types of developments since it provides extreme convenience allowing the residents to enjoy benefits of a ‘heartland’ at a one-stop location.
Another benefit of mixed-use developments is that they are environmentally friendly. These developments create less carbon emissions.
Demand for property in Singapore
There are several inducements why Singapore is being so famous, including the expansion of residential housing at the present time. A growing number of residential estates are being built nowadays. This is one of the factors why Singapore is so popular.
Not only that, the government of Singapore is providing financial incentives to developers to encourage them to develop more of these types of projects.
Start your tour of Lentor Modern
The above article talks about the upcoming launch called “Lentor Modern”. The developer is looking to build a luxury integrated-development condominium in Singapore. The development is expected to be completed by the end of 2026. The property is expected to be worth a profitable valuation.
Read more from developer site: https://lentormodernshowflat.sg/