{"id":3244,"date":"2024-03-18T10:38:48","date_gmt":"2024-03-18T02:38:48","guid":{"rendered":"https:\/\/pinegroveresidence.sg\/navagrove\/?p=3244"},"modified":"2024-03-18T10:38:48","modified_gmt":"2024-03-18T02:38:48","slug":"lentor-mansion-sells-75-of-units-on-launch-weekend","status":"publish","type":"post","link":"https:\/\/pinegroveresidence.sg\/navagrove\/lentor-mansion-sells-75-of-units-on-launch-weekend\/","title":{"rendered":"Lentor Mansion sells 75% of units on launch weekend"},"content":{"rendered":"
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n
\n

Lentor Mansion<\/a> Achieves 75% Sales Over Launch Weekend<\/p>\n

GuocoLand’s latest luxury residential project, Lentor Mansion<\/a>, saw impressive sales figures during its launch weekend, with 75% of its 533 units snapped up.<\/p>\n

Over the course of March 15 and 16, the developer sold 400 units, ranging from $2,104 to $2,478 per square foot (psf), including VIP sales on the first day.<\/p>\n

Lentor Mansion<\/a> offers a variety of unit types, from two- to five-bedroom layouts, across three 16-storey towers and three eight-storey blocks, catering to different family sizes.<\/p>\n

The most popular units were the two-bedroom layouts, with all 214 units sold out, followed by 84% of the three-bedroom units. Singaporeans and permanent residents accounted for 99% of buyers.<\/p>\n

This launch also marks the first sale under new URA guidelines for strata and gross floor area harmonization, focusing on livable space.<\/p>\n

PropNex<\/a> CEO Ismail Gafoor hailed Lentor Mansion’s sales performance as the best in 2024, with its 75% take-up rate ranking as the highest since November 2023.<\/p>\n

The project’s competitive pricing, along with its attractive amenities, open spaces, and proximity to Lentor MRT<\/a> station and CHIJ St Nicholas Girls’ School<\/a>, contributed to its success.<\/p>\n

Lentor Mansion<\/a>, developed jointly by GuocoLand<\/a> and Hong Leong Holdings, is slated for completion by 2027.<\/p>\n

Meanwhile, luxury leasehold condo development Cuscaden Reserve also saw brisk sales, with 46 units sold at an average price of slightly over $3,000 psf. This demonstrates the strong demand and ample liquidity among Singaporean buyers, despite the initial sales deadline extension to 2024.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

The Straits Times<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lentor Mansion Achieves 75% Sales Over Launch Weekend GuocoLand’s latest luxury residential project, Lentor Mansion, saw impressive sales figures during its launch weekend, with 75% of its 533 units snapped up. Over the course of March 15 and 16, the developer sold 400 units, ranging from $2,104 to $2,478 per square foot (psf), including VIP […]<\/p>\n","protected":false},"author":1,"featured_media":3245,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[],"class_list":["post-3244","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-property-news"],"_links":{"self":[{"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/posts\/3244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/comments?post=3244"}],"version-history":[{"count":1,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/posts\/3244\/revisions"}],"predecessor-version":[{"id":3246,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/posts\/3244\/revisions\/3246"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/media\/3245"}],"wp:attachment":[{"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/media?parent=3244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/categories?post=3244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pinegroveresidence.sg\/navagrove\/wp-json\/wp\/v2\/tags?post=3244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}