{"id":67200,"date":"2023-07-17T16:27:58","date_gmt":"2023-07-17T08:27:58","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=67200"},"modified":"2023-07-19T17:14:38","modified_gmt":"2023-07-19T09:14:38","slug":"4-bedder-lentor-modern-sold-s3-41m-record-price-district-26","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/4-bedder-lentor-modern-sold-s3-41m-record-price-district-26\/","title":{"rendered":"4-bedder at Lentor Modern sold for S$3.41m; record price for District 26"},"content":{"rendered":"
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Another day, another record sale.<\/p>\n

Earlier this month, a 4-bedroom unit at Lentor Modern<\/a> was sold for S$3,413,000, setting a record price for condos in District 26 (Mandai, Upper Thomson).<\/p>\n

This also means the price is the current all-time high for the new launch condo<\/a>.<\/p>\n

Unit is located on the top floor<\/h2>\n

There are a few possible factors contributing to the record price.<\/p>\n

For starters, Lentor Modern is the first condo launched in the Lentor estate in more than two decades<\/a>. It\u2019s the first of the seven residential land parcels in the housing estate sold under the government land sales (GLS). For years, the estate has predominantly been a landed housing estate.<\/p>\n

\"lentor<\/a>
A 4-bedroom showflat of Lentor Modern.<\/figcaption><\/figure>\n

Launched in September 2022, Lentor Modern is the only integrated development<\/a> in the area with a direct connection to Lentor MRT and a mall. The mall is slated to comprise around 50 shops, including a 12,000 sqft supermarket, restaurants and a 10,000 sqft childcare centre.<\/p>\n

Meanwhile, the record-setting 4-bedroom unit is among the biggest units in the development, spanning 1,528 sqft. This works out to a price psf of around S$2,234.<\/p>\n

More importantly, the unit is located on the top floor, offering its new owners unblocked views of the landed housing estate.<\/p>\n

Read our in-depth review of Lentor Modern.<\/em><\/a> <\/i><\/p>\n