Lentor Hills Residences emerges as a distinguished living destination in Singapore's District 26. Offering a blend of comfort and luxury, this premium condominium caters to diverse residential needs with its array of unit types. This guide delves into the pricing structure of Lentor Hills Residences, offering prospective buyers and investors detailed insights into the various unit options and their respective costs, aligning with the current market trends and price per square foot (PSF) metrics.
Understanding the Price Structure
The pricing at Lentor Hills Residences ranges from $1.329M for a 1 Bedroom + Study unit to $2.979M for a 4 Bedroom unit. The price per square foot (PSF) spans from $1,923 to $2,437, reflecting the high-quality living standards and the strategic location of the residence. These prices are influenced by factors such as unit size, type, and location within the development. This varied price range ensures that Lentor Hills Residences can accommodate the budget and lifestyle preferences of a wide range of buyers, from first-time homeowners to seasoned investors looking for luxurious living spaces.
Detailed Breakdown of Unit Types and Their Prices
Lentor Hills Residences offers a diverse array of unit types to meet different needs and preferences:
- 1 Bedroom + Study Units: Comprising 8 units, sized between 581 - 603 sqft, these units are priced at $1.329M - $1.416M, ideal for individuals or couples needing a workspace at home.
- 2 Bedroom Units: There are 12 units available, ranging from 689 - 721 sqft, with prices between $1.622M - $1.678M, suitable for small families or couples.
- 2 Bedroom + Study Units: Catering to growing families, these 3 units of 753 sqft are priced at $1.777M - $1.804M.
- 3 Bedroom Units: With 27 units available, sized 958 - 980 sqft, they are priced at $1.958M - $2.142M, perfect for larger families.
- 3 Bedroom + Yard Units: Offering an outdoor space, these 46 units, sized 1,098 - 1,130 sqft, range from $2.161M - $2.473M.
- 4 Bedroom Units: Targeting large families, the 62 units sized 1,345 - 1,399 sqft, are priced between $2.587M - $2.979M.
- Dual-Key Units: These 7 units, ranging from 1,302 - 1,399 sqft, are priced at $2.696M - $2.894M, appealing to investors or multi-generational families.
Analysis of PSF Across Different Units
The price per square foot (PSF) is a crucial metric in evaluating the value of condominium units at Lentor Hills Residences. For the diverse unit types, PSF ranges from $1,923 to $2,437. This variation is indicative of the unique features and positioning of each unit type within the development. Higher PSF rates are often associated with units offering additional amenities, such as a study room or a yard, or those with more desirable views or locations within the building. Analyzing the PSF helps buyers understand the relative value and investment potential of different units in the residence.
Market Trends and Price Evolution
Recent sales trends at Lentor Hills Residences reflect a dynamic property market. The transactions show a consistent demand across various unit types, with recent sales including a 2 Bedroom unit sold for $1,625,000 and a 4 Bedroom unit fetching $2,692,000. These sales demonstrate the market's recognition of the value offered by Lentor Hills Residences. Furthermore, the price evolution is consistent with the overall real estate trends in Singapore's District 26, underlining the development's strong investment potential. Keeping an eye on these trends can provide valuable insights for potential buyers and investors about the market's direction and the future value of their investments.
Conclusion
In summary, Lentor Hills Residences offers a range of unit types with diverse pricing structures, catering to a wide spectrum of needs and budgets. Understanding the pricing, PSF, and market trends is essential for making an informed decision. Whether for personal use or investment, the variety and quality of units at Lentor Hills Residences represent a valuable opportunity in Singapore's vibrant real estate market.
