Lentor Gardens Residences Sells 54% of Units During Launch Weekend

Lentor Gardens Residences sold 270 of its 499 residential units—approximately 54 per cent—during its launch weekend on July 18 and 19, 2026. According to the developer, Kingsford Group, the units achieved an average price of S$2,350 per square foot (psf), with all three available commercial units also selling at an average of S$2,550 psf.

Market Performance and Buyer Profiles

The sales performance at Lentor Gardens Residences highlights a continued appetite for mass-market private housing. Data from the developer shows that three-bedroom units led the transactions at 42 per cent, followed by two-bedroom units at 40 per cent and four-bedroom units at 18 per cent. PropNex CEO Kelvin Fong noted that the result is “healthy” for the seventh project in the Lentor Hills precinct, where six previous projects have collectively sold 99.2 per cent of their 2,954 units as of July 4, 2026.

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The developer of Lentor Gardens Residences secured the land at S$920 psf per plot ratio, the lowest land cost among the eight government-sold sites in the Lentor precinct. According to Nicholas Mak, chief research officer of Mogul.sg, this provided the necessary pricing flexibility to attract buyers in a competitive market.

Regional Demand Drivers in the Outside Central Region

Demand for homes in the Outside Central Region (OCR) remains supported by first-time buyers and upgraders. Justin Quek, deputy group chief executive officer of Realion (OrangeTee & ETC) Group, observed that the buyer pool was dominated by young couples purchasing their first matrimonial homes and young singles receiving parental support. Functional layouts proved critical; three-bedroom compact and study units were fully sold within hours of the launch.

Mohan Sandrasegeran, head of research and data analytics at SRI, stated that the project marks a shift in buyer sentiment. Unlike earlier launches in the precinct, buyers are now evaluating a neighborhood that is already taking shape, rather than speculating on a future vision. This transition is supported by the proximity to the Lentor MRT station and Lentor Modern mall, serving a local catchment area of more than 860,000 residents.

Future Outlook for the Lentor Precinct

Market analysts expect the sales momentum to persist as the precinct nears full development. With only one remaining project slated for launch in the area, likely next year, the scarcity of new supply may sustain interest. According to Kelvin Fong, prices starting at S$1.4 million for two-bedders and S$1.9 million for three-bedders align with the budget constraints of current mass-market buyers.

Nicholas Mak pointed out that the launch was also buoyed by pent-up demand following a lull in activity during the June school holidays and the implementation of earlier cooling measures. As the first major launch of the second half of 2026, the performance at Lentor Gardens Residences sets a benchmark for buyer confidence in well-located residential projects.

Frequently Asked Questions

What was the average price per square foot at Lentor Gardens Residences?

The residential units sold at an average of S$2,350 psf, while the commercial units achieved an average of S$2,550 psf.

Lentor Gardens Residences by Kingsford

Who were the primary buyers at the launch?

Singaporeans comprised 91 per cent of the buyers, with young couples and singles making up the bulk of the demographic, according to Realion (OrangeTee & ETC) Group.

When is the project expected to be completed?

The development is scheduled to obtain its Temporary Occupation Permit in December 2030.


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