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Lentor Modern Developer – What You Need To Know!

The URA has awarded the tender for the development of Lentor Modern to GuocoLand, which came after they submitted a bid worth S$784.1 million. This translates to S$1,204 psf ppr or $12,964.83 sqm of GFA. Find out more in this article as we’ll uncover more about the Lentor Modern Developer! 

GuocoLand, a Singapore-based property firm that has links to Malaysia’s Hong Leong Group submitted its bid through GLL D in an effort featuring nine competitors. To add on, the bidding battle for this property is heating up! Additionally, the second-highest bid was submitted by a group that included TID Residential, Hong Realty, and Intrepid Investment. These are worth $750 million 4.5% lower than the top offer!

About Guocoland Limited

Additionally, Guocoland Limited has been around since 1978! They’re currently listed on the SGX. The group is a leading developer of real estate projects in Singapore, Malaysia, and China with mixed/integrated development. In 2018, the company expanded into Australian and UK markets in partnership with Eco World International Berhad. This is part of their ongoing effort to provide sustainable development solutions for communities throughout Southeast Asia as well as other regions around the world too!

Martin Modern at River Valley by GuocoLand

The Group has helped more than 36 residential projects in Singapore. These contributions help make 10,000 homes available!

The landmark Guoco Tower is a $3.2 billion integrated development at Tanjong Pagar Centre that stands 280m tall! GuocoLand is definitely known for this building! To add on, it is a vertical city that houses the 5-star hotel Sofitel Singapore City Centre, luxury apartments at Wallich Residence, and lifestyle retail space. Also, it is home to F&B space, grade A offices, and a rooftop landscaped urban park. 

Tanjong Pagar Centre by GuocoLand

The team has an impressive list of projects that includes townships and commercial developments in Malaysia too. They also own properties all over China, including major cities like Shanghai, Beijing, Tianjin & Nanjing.

The GuocoLand group has created some of Singapore’s most successful property developments with assets worth around SGD $11 billion as of 31 December 2020.

An Award-Winning Developer – Lentor Modern Developer

The company is committed to sustainability and eco-friendliness, as proven by its wins like BCA’s Green Mark Award. This includes:

  • Leedon Residence
  • Martin Modern
  • Wallich Residence
  • Goodword Residence
  • Elliot at East Coast
  • Sophia Residence
  • The Waterline
  • Sims Urban Oasis
Goodwood Residence by GuocoLand

Other than these, GuocoLand has been recognized for its high-quality products both domestically and internationally. The awards are BCI’s Asia Awards, FIABCI’s Property Awards, the South East Asia Property Awards, and International Property Awards.

Lentor Modern Key Selling Points

Here are reasons why the new Lentor Modern is worth purchasing/investing/staying!:

  • The residents of Lentor Modern will be able to enjoy close proximity to many areas that are important to their everyday lives. They can easily access the CBD, Woodlands Regional Centre, and other key regions in Singapore.
  • This property offers a great location that’s close to everything!
  • The future Lentor MRT Station is less than a 3-5 minute walk from your doorstep! (Directly Linked)
  • The area is home to some of the best schools.  Such as CHIJ St Nicholas Girl’s School, Anderson Primary School, and Presbyterian High School.
  • The development will provide retail options within it.
  • Homeowners will be able to enjoy the lifestyle and entertainment that comes with plenty of facilities like pools, BBQ areas, or clubhouses. There’s also a gym for those who want some exercise time in their day!
  • This exquisite condominium is the perfect place to get away from it all. With features such as quiet environments, absolute privacy, and convenient living spaces; this condo has something for everyone!
  • Come and live in one of the most stylish, modern 1-5 bedroom apartments.
  • Conveniently located around the areas of Ang Mo Kio, Bishan, Central Water Catchment, Sin Ming, Yishun, and Thomson.

We hope that by reading this article on the Lentor Modern developer, you have been intrigued by this new project! With excitement and curiosity, we await its launch in order to help guide our future clients through these exciting times. In the meantime, you can always contact us for more information. In addition, do check out our website to find out more about this property! We hope to hear from you soon!

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