The Lentor area in Singapore has rapidly transformed into a new private residential hub, raising questions about whether the surge in new condominiums signals an oversupply risk or a prime investment opportunity. In this article, we will break down the recent launches, sales trends, pricing, and market outlook, so property investors and homebuyers can make informed decisions.
Lentor’s Recent Condo Launches and Sales Performance
Over the past few years, multiple condominium projects have been launched in Lentor, with most seeing strong buyer demand despite concerns over a potential oversupply. Here’s a look at the key projects:
| Project | Launch Date | Total Units | Units Sold | % Sold | Average Price (PSF) |
|---|---|---|---|---|---|
| Lentor Modern | Sep 2022 | 605 | 508 | 84% | $1,856 |
| Lentor Hills Residences | Jul 2023 | 598 | 559 | 93.3% | $2,269 |
| Lentoria | Jan 2024 | 267 | 60 | 22% | $1,965 |
| Lentor Mansion | Mar 2024 | 533 | 400 | 75% | $2,200 |
(Source)
What Do These Sales Figures Tell Us?
Despite multiple project launches, demand remains strong, particularly for smaller units. In fact, one- and two-bedroom units in most Lentor projects have been nearly sold out.
As of February 2025, only 159 units remain unsold across all major projects, representing just 6.4% of the total launched inventory.
This suggests that the fear of oversupply may be overblown, especially since new launches in other areas of Singapore have struggled to achieve similar take-up rates.
Lentor in the Context of the Broader Singapore Market
Lentor is part of District 26, which had only 2,966 non-landed private homes as of Q4 2024, making it one of the districts with the lowest housing supply in Singapore.
This limited supply is crucial because it helps to stabilize property prices and drive future appreciation.
Additionally, the nationwide property market has shown resilience, with analysts forecasting a 2% to 4% price increase in 2025 due to strong demand and limited land supply.
Will Lentor’s Property Prices Appreciate?
Key factors supporting future price growth in Lentor:
- Proven Buyer Demand:
- Lentor Modern was 84% sold within its launch weekend.
- Lentor Hills Residences hit a 93% take-up rate by March 2025.
- Even newer projects like Lentoria continue to attract buyers, albeit at a slower pace.
- Strong Pricing Trends:
- Lentor Modern’s current resale price is about $2,180 PSF.
- Lentor Hills Residences is averaging $2,269 PSF.
- Analysts expect prices to continue rising as the area matures and becomes more attractive.
- Excellent Connectivity & Amenities:
- The Lentor MRT Station (Thomson-East Coast Line) significantly boosts the area’s connectivity.
- Several upcoming amenities, including shopping malls and lifestyle hubs, will further enhance its appeal.
Conclusion: Is Lentor an Oversupply Risk or an Investment Opportunity?
While the initial wave of launches raised concerns about oversupply, the sales figures and market fundamentals tell a different story.
- Demand remains strong, with the majority of units sold across multiple projects.
- Prices are holding firm despite multiple launches, with continued upward movement expected.
- The district’s low housing stock ensures that properties in Lentor remain in demand.
For property investors and homebuyers, Lentor presents an attractive investment opportunity—especially for those looking at long-term capital appreciation.
Would you like personalized advice on investing in Lentor? Contact me today at 8826 3821, and let’s explore the best options for your real estate goals!
