Homebuyers snap up 75% of units at Lentor Mansion

The development sold all of its 2-bedroom units.

Lentor Mansion sold 75% or 400 of its 533 units in its weekend launch.

GuocoLand, the property’s developer, said prices of sold units during the launch ranged from $1.149m for a 527 square feet (sq ft) 2-bedroom unit to $3.512m for a 1,507 sq ft 5-bedroom unit.

“The 2-bedroom units garnered the most positive response, with all 214 units sold. Of the 199 units of 3-bedroom layouts, 84% were sold over the two days. In addition, 16% of 4-bedroom units and 13 per cent of 5-bedroom units were sold,” GuocoLand announced.

Most (99%) of buyers were Singaporeans and permanent residents.

“Buyers were mainly owner-occupiers and comprised a balanced mix of singles, who were impressed by the development’s elegant, timeless design and efficient layouts that allow them to use the liveable spaces with great flexibility, and young families who appreciated the family-centric facilities, including a childcare centre that is integrated with the development,” GuocoLand said.