Investing in a Condo in Singapore: Why it’s a Smart Choice
Condos in Singapore have become increasingly sought-after by both local and foreign investors. This can be attributed to the city-state’s strong economy, stable political climate, and exceptional quality of life. With its thriving real estate market, there are plenty of opportunities for investors to capitalize on. And among these options, condos stand out for their convenience, amenities, and potential for high returns. In this article, we will delve into the advantages, considerations, and steps to take when investing in a condo in Singapore. Condos truly offer a unique and lucrative investment opportunity in this vibrant city.
Lentor Central Residences, a 477-unit development located in Lentor Hills, will be unveiled on February 21. The project will be open for sale on March 8, making it the sixth new launch project in the area. Jointly developed by Hong Leong Holdings, GuocoLand and CSC Land, Lentor Central Residences comprises of two high-rise residential blocks – a 27-storey block and a 28-storey block. The development will offer a variety of units ranging from one- to four-bedrooms, with sizes ranging from 463 sq ft to 1,399 sq ft. Interested buyers can get the latest updates on available units and prices for Lentor Central Residences.
According to the developers, one-bedroom units will start from $975,000 ($2,110 psf) while two-bedroom units will be priced from $1.38 million ($2,050 psf). Three-bedroom units will start from $1.81 million ($1,984 psf) and four-bedroom units will start at $2.37 million ($2,000 psf). The development boasts a range of facilities including a 50-metre infinity edge pool, 25-metre lap pool, leisure pools, spa pavilion and massage pool, children’s playground, resident’s clubhouse, a gym, yoga room and tennis court. Residents can also look forward to a childcare centre within the residence.
Located near Lentor MRT Station and the upcoming Thomson-East Coast Line, residents will enjoy easy access to the city centre. The development is also close to retail and dining options at Lentor Modern, Thomson Plaza and Upper Thomson Road, as well as the nearby Springleaf estate.
Betsy Chng, head of sales and marketing at Hong Leong Holdings, believes that the Lentor Hills enclave is set to become one of Singapore’s most desirable districts for homebuyers. She adds, “Together with our partners, we are creating a vision of premium yet affordably-priced homes, with units sold based on liveable space.”
The sales gallery for Lentor Central Residences is located on Lentor Hills Road. Interested buyers can check out the latest listings for properties in the development or enquire about condo sale or rental transactions in District 26.