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MARKET DATA Q2 2026
URA Private PPI, Q1 2026 +1.3% QoQ
Dataset transactions 123,771
Projects tracked 1,820
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Lentor Gardens Residences opens on the estate's cheapest land

A wide view over the Lentor estate with landed houses in front and new condominium towers rising behind.
The Lentor estate in late 2021, as its first new condominiums took shape. Photo: Wzhkevin via Wikimedia Commons (CC BY-SA 4.0), cropped

Kingsford’s 502-unit Lentor Gardens Residences opens for booking on July 18. It sits on the lowest-cost land in the Lentor Hills estate, and that is the key to reading its pricing.

Lentor Gardens Residences, a 99-year leasehold condominium of 502 units by Kingsford, opens for sales booking on July 18. It is one of the later projects to launch in the Lentor Hills estate, a maturing cluster of new condos about a six-minute walk from Lentor MRT on the Thomson-East Coast Line.

The number that sets this launch apart is the land price. Kingsford Huray Development won the site through a Government Land Sales (GLS) tender that closed in April 2025, with a top bid of $429.23 million. That works out to $920 psf per plot ratio (psf ppr), a standard way to compare land cost per unit of buildable space. It is the lowest land rate among the recent Lentor Hills GLS sites, and well below the $1,278 psf ppr a GuocoLand-led consortium paid for a Lentor Central site in March 2026, a record for a fully residential plot in the area.

Lentor Gardens Residences sits on the lowest-cost land among the recent Lentor Hills GLS sites. Lentor Gardens Residences sits on the lowest-cost land among the recent Lentor Hills GLS sites. Source: URA Government Land Sales tender results.

Land is one of the largest inputs into a new condo’s cost, so a lower land price gives a developer room to keep the absolute price in check even when the headline psf looks premium.

The pricing picture, with a caveat

The developer has indicated an average selling price starting from around $2,350 psf, with the lowest psf reportedly from about $2,050 psf on the larger units. Some market watchers point to entry pricing nearer the $2,050 to $2,100 psf mark. On the project’s relatively compact layouts, that translates to two-bedroom units from around $1.5 million.

Treat all of these as indicative. Official, unit-by-unit pricing is confirmed only at the developer preview and booking, and figures quoted before then are estimates that can move. The project has drawn strong crowds at its showflat ahead of the July 18 booking date.

What this means for you

  • A low land cost is precisely why a premium psf and a relatively accessible absolute price can sit side by side here. The number that matters is the psf on the specific unit and stack you are quoted, not the project average.
  • As a later-phase Lentor launch, much of the estate’s infrastructure and earlier projects are already in place. That lowers the “wait and see” risk of buying early, but it also means less of the first-mover discount that the estate’s earliest launches enjoyed.
  • Pre-launch prices are provisional. Ask for the official price list at booking, and compare your exact unit’s psf against recent resale transactions in nearby Lentor projects before committing.

Sources

Market commentary dated 9 July 2026. Conditions change; verify figures against the primary sources above before acting. This is general information, not financial advice.