{"id":83516,"date":"2025-03-10T13:46:43","date_gmt":"2025-03-10T05:46:43","guid":{"rendered":"https:\/\/www.99.co\/singapore\/insider\/?p=83516"},"modified":"2025-03-10T13:55:29","modified_gmt":"2025-03-10T05:55:29","slug":"lentor-central-residences-take-up-rate","status":"publish","type":"post","link":"https:\/\/www.99.co\/singapore\/insider\/lentor-central-residences-take-up-rate\/","title":{"rendered":"Here\u2019s why Lentor Central Residences had a 93.3% take-up rate at launch"},"content":{"rendered":"
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Just last week, we discussed the upcoming launch<\/a> of Lentor Central Residences<\/a> alongside two other projects \u2013 Aurea<\/a> and Aurelle<\/a>. As the latest addition to the Lentor Hills area, expectations were high. Given its competitive starting prices relative to its prime location, it was clear that demand would be strong. Now that the launch weekend has passed, we can confirm that the response was overwhelming. Here\u2019s a closer look at the Lentor Central Residences take-up rate and what drove its success.<\/span><\/p>\r\n\r\n\r\n\r\n

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Table of contents<\/h3>\r\n
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  • Lentor Central Residences launch performance<\/a><\/li>\r\n
  • Lentor Central Residences pricing and unit breakdown<\/a><\/li>\r\n
  • Who bought Lentor Central Residences?<\/a><\/li>\r\n
  • Why did Lentor Central Residences sell so well?<\/a><\/li>\r\n
  • How does Lentor Central Residences compare to other Lentor projects<\/a><\/li>\r\n
  • Were there any market trends driving this demand?<\/a><\/li>\r\n<\/ul>\r\n<\/div>\r\n\r\n\r\n\r\n

    Lentor Central Residences launch performance<\/b><\/h3>\r\n\r\n\r\n\r\n

    By 5 PM on Sunday, March 10, an impressive 93.3% of the 477 available units had already been sold. That amounts to 455 units snapped up within just a few days. Developed by Hong Leong Holdings, GuocoLand, and CSC Land Group, the project saw high demand for three-bedroom and four-bedroom units.<\/span><\/p>\r\n\r\n\r\n\r\n

    The majority of buyers were Singaporeans, making up about 90% of all purchasers. Permanent residents and foreign buyers accounted for the remaining 10%. Most of these buyers were owner-occupiers, indicating that Lentor Central Residences appeals primarily to those looking for a long-term home rather than investors.<\/span><\/p>\r\n

    Keen to know how the other launches went? Read more here: <\/i><\/b>Aurelle of Tampines: Singapore\u2019s first EC launch of 2025 almost sold out on first day!<\/i><\/a><\/p>\r\n\r\n\r\n\r\n\r\n\r\n