{"id":3244,"date":"2024-03-18T10:38:48","date_gmt":"2024-03-18T02:38:48","guid":{"rendered":"https:\/\/thejalantembusu.sg\/emeraldofkatong\/?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:\/\/thejalantembusu.sg\/emeraldofkatong\/lentor-mansion-sells-75-of-units-on-launch-weekend\/","title":{"rendered":"Lentor Mansion sells 75% of units on launch weekend"},"content":{"rendered":"
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