After hearing reports of Lentor Modern selling 84% of all its units on launch day, I had to pay attention to the new condominiums in the same region for similar opportunities. I did some research on Lentor Mansion, a residence along Lentor Gardens, only to find that this new condominium has better potential, due to the following 3 reasons:
Low risk: Demand From Parents With Children Going To CHIJ St Nicholas Girls’ School
Parents can go through great lengths to secure their children’s future, and getting an advantage in a good Primary School is where most parents start this journey. Therefore in times past, residential properties within 1 kilometer to the famous CHIJ St Nicholas Girls’ School are very popular with these young families. Lentor Mansion is within this 1 kilometer of the school, and so I believe the demand for units at this condominium will support its prices today and in the future.
High reward: Rapid development of Lentor with an MRT station, a shopping mall, and other amenities.
Lentor Hills estate is quickly developing into a modern new town. With the existing Lentor MRT station and new shopping mall poping up nearby, residents of Lentor Mansion can conveniently get their daily necessities and routine done. Families who need the convenience of the MRT station and shopping mall within walking distance will appreciate the Lentor Mansion Location.
URA Masterplan Around Lentor Mansion. Source: URA.gov.sg
Completion Of The Thomson-East Coast Line
All stations on the Thomson-East Coast Line is expected to be fully operational by 2024. The faster commute from Lentor Mansion to key employment hubs like Shenton Way and Orchard belt will become an important factor for professionals to consider living in this condominium. Residents can go from their work place in the CBD to their quiet and tranquil home within 30 minutes. The Thomson-East Coast Line can also bring them to Woodlands Central, and to the Checkpoint that crosses over to Johor Bahru.
With these 3 crucial factors backing the demand and price support for Lentor Mansion, I recommend this development for investors seeking steady returns that’s rooted in the continual development of the entire region. The building of more infrastructure by the government supports my predictions that the incoming families into Lentor will support the Lentor Mansion condo prices and rents in the middle to long term.
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