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Land Price Going Up? Not Lentor Gardens Residences

19 May 2026 · 5 min read

Winnie Lim Hui Nee
By Winnie Lim Hui Nee, Associate Division Director

CEA Salesperson Registration: R061623D · Huttons Asia Pte. Ltd (Estate Agent Licence L3008899K) · Updated 29 June 2026

“Data-driven property advice. Straight talk, no hype.”

Land Price Going Up? Not Lentor Gardens Residences

Is Land Price Really Increasing in Singapore? Here’s Why Lentor Gardens Residences Could Be Different.


Singapore's land prices have been on a notable upward trajectory. Within the Lentor estate alone, GLS land bids have climbed from $920 PSF PPR to a record $1,278 PSF PPR across eight awarded sites since 2021. With that kind of escalation, many buyers naturally assume every new launch will carry a higher price tag than the last.


But is that always true?

Interestingly, the upcoming Lentor Gardens Residences may tell a different story.


The Beginning of Lentor’s Transformation

The transformation of Lentor officially began in September 2022 with the launch of Lentor Modern, the first integrated mixed-use development in the entire Lentor estate.


This project was highly anticipated and attracted massive competition during the Government Land Sales (GLS) tender. In fact, nine developers competed aggressively for the site before Hong Leong Holdings and GuocoLand eventually secured the land at approximately $1,204 PSF PPR.


Why was the bid so high?

Because Lentor Modern offered something no other development in the area had before:


  • Direct MRT connectivity
  • An integrated shopping mall
  • Everyday conveniences within the estate
  • The first lifestyle hub in Lentor


This instantly elevated the value and appeal of the entire neighbourhood.


When Lentor Modern launched, it achieved an impressive 84% take-up rate during launch weekend, a strong signal that buyers believed in the future transformation of Lentor.


Wondering if Lentor Gardens is priced differently?
Rising land costs do not automatically mean a worse deal for buyers here. Ask me for the pricing view.

Today’s Lentor: A Rapidly Growing Residential Estate.


Fast forward to today, and the Lentor precinct has become one of Singapore’s most talked-about residential growth areas. Eight GLS sites have been awarded within the Lentor estate since 2021, with developers including GuocoLand, Hong Leong Holdings, Qingjian Realty, and Kingsford Group competing across multiple tenders. Land bids have ranged from $920 to $1,278 PSF PPR, which shows how quickly buyer and developer confidence in the area has grown.

However, one particular site stood out.


The upcoming Lentor Gardens Residences, developed by Kingsford Group, was secured at $920 PSF PPR (EdgeProp), the lowest land bid across all eight Lentor GLS sites awarded since 2021. For context, Lentor Modern was secured at $1,204 PSF PPR, and the most recently awarded Lentor Central site set a new record at $1,278 PSF PPR in 2026.


This raises an important question: Does Lower Land Cost Mean Better Entry Pricing?


Potentially, yes. At $920 PSF PPR, the land cost is $284 per square foot lower than Lentor Modern. That gap gives the developer room to price competitively while keeping a reasonable profit margin. Based on the land cost and comparable Lentor launches, indicative pricing for Lentor Gardens Residences is estimated in the range of $2,100 to $2,350 PSF. Official pricing has not been released as of the time of writing, but this positions it as potentially the most accessible entry point among all Lentor new launches to date.


Unlike Lentor Modern, Lentor Gardens Residences is located slightly further away from Lentor MRT station and mall. Residents will likely take around 8 to 10 minutes to walk to Lentor MRT station depending on the walking route.


However, what it may lack in direct connectivity, it compensates with something many homeowners value today, a greener and more tranquil living environment. Residents can also enjoy a scenic stroll through Hillock Park, surrounded by nature and lush greenery before reaching home.

For buyers who prioritise peaceful living over being directly above a mall or MRT station, this could become an attractive alternative.


A Development Designed Around Nature

One of the key highlights of Lentor Gardens Residences is its strong focus on greenery and wellness-inspired living.


The development will feature:


  • Low-rise residential zones of up to 8 storeys facing the Linear Park
  • Mid-rise blocks of up to 16 storeys with sky terraces
  • Direct side entrance connectivity to Hillock Park
  • Double-volume sky terraces to enhance natural ventilation and airflow
  • At least 50% vertical greenery across building façades
  • Minimum 10-metre lush green setbacks throughout the development
  • Covered pedestrian walkways for residents


The project is also expected to include:

  • Approximately 400 carpark lots
  • Approximately 80 bicycle parking lots
  • PPVC construction technology for improved construction quality and efficiency


Overall, the development appears to focus heavily on blending modern residential living with nature-inspired surroundings.


So, Will Lentor Gardens Residences Be Worth Watching?


As land prices continue rising across Singapore, projects secured at lower land costs naturally attract attention from buyers and investors.

While pricing has yet to be officially released, Lentor Gardens Residences may potentially offer a more attractive entry point compared to earlier Lentor launches, especially for buyers who appreciate greenery, privacy, and long-term transformation potential.


With the continued development of the Lentor estate, upcoming amenities, and improved connectivity in the future, many buyers are now closely watching how this project will position itself within the market.


Interested to Learn More About Lentor Gardens Residences?


Register your interest today to receive:


• Priority updates on launch details

• Early access to floor plans and pricing insights

• Best stack and unit selection analysis

• Developer preview invitations

• Personalized financial calculations and investment comparison.


Discover if Lentor Gardens Residences could be your next ideal home or property investment opportunity.


Call +65 88772688 for Showflat viewing on 4th July 2026.

Common questions about Lentor Gardens Residences land price

How much was the land for Lentor Gardens Residences?

The Lentor Gardens Residences site was secured by Kingsford Group at about $920 PSF PPR. That is the lowest land bid among all eight Lentor GLS sites awarded since 2021, and about $284 per square foot lower than Lentor Modern.

What is the estimated price of Lentor Gardens Residences?

Based on the land cost and comparable Lentor launches, indicative pricing is estimated between $2,100 and $2,350 PSF. Official pricing had not been released at the time of writing.

How far is Lentor Gardens Residences from Lentor MRT?

It sits further from the station than Lentor Modern. Residents can expect a walk of around 8 to 10 minutes to Lentor MRT, with part of the route passing through Hillock Park.

Why is Lentor Gardens Residences priced lower than other Lentor launches?

Its land cost was the lowest in the Lentor cycle, giving the developer more room to price competitively. It also sits further from the MRT and mall than Lentor Modern, trading direct connectivity for a greener, quieter setting.

This article is for general information only and should not be considered financial, legal, tax, or investment advice. Property decisions should be based on individual circumstances and independent professional advice.

About the Author

Winnie Lim Hui Nee
Winnie Lim Hui NeeAssociate Division Director
CEA Licensed Agent

Winnie Lim is a licensed CEA real estate agent and the founder of AIProperty.sg. With a background in supply chain analytics, she brings a data-driven approach to Singapore property, and won the 2024 Million Dollar Award for consistent, client-first results.

CEA Salesperson Registration: R061623D · Huttons Asia Pte. Ltd (Licence L3008899K)

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