The 99-year leasehold plot of 22,534.7 sq m has a maximum gross floor area (GFA) of 47,323 sq m and can yield 520 homes. Although the Pine Grove condo is in Ulu Pandan Road, it is an extension of the prime Holland Road corridor and shares its desirable attributes
|Project Name||Pine Grove Parcel A|
|Site Area||22,534.7 sqm / 242,563.5 sqft|
|Expected T.O.P Date||TBA|
|Total No. of Units||~520 Units|
|No of Storeys||Residential with 24 storey|
|Showflat Interior Design||TBA|
The 186,000 sqft site has a gross floor area (GFA) of 651,007 sqft. The ground floor will have 96,000 sqft of commercial, F&B and retail space, including a supermarket and childcare facilities. The development will be integrated with the Lentor MRT station on the Thomson-East Coast Line.
Located within an established private residential enclave, the land parcel is linked to major roads and expressways such as Ayer Rajah Expressway (AYE), Clementi Road and Ulu Pandan Road for easy access to various parts of Singapore. Clementi and Dover MRT stations on the East West Line are about 1km away.
At 25 storeys, Lentor Modern will be a new landmark for the Lentor area when it’s completed. Given that the surrounding developments are low-rise, with predominantly landed homes and low-rise condominiums, future residents will be able to enjoy unique views of the surrounding nature reserves and parks, including the 50ha Thomson Nature Park, Bishan Park and Upper Seletar as well as Lower Seletar Reservoir Park and Lower Peirce Reservoir Park. In future, residents will also have access to two more parks, Hillock Park and Linear Park, both near the site at Lentor Central.
Several schools such as Pei Tong Primary School, Henry Park Primary School and School of Science and Technology, Singapore are located nearby.
Amenities such as The Clementi Mall, Grantral Mall @ Clementi and Clementi Avenue 2 Market & Food Centre are a short drive away.
Residents will enjoy proximity to recreational choices such as the nearby upcoming Clementi Nature Trail, which will run along Ulu Pandan Park Connector and connect back to the Rail Corridor.
Property giant GuocoLand has won the tender for a 99-year leasehold plot at Lentor Central after lodging the highest bid of $784.1 million. The price translates to a land rate of $1,204 per sq ft per plot ratio, or $12,964.83 per square metre of gross floor area. The potential selling price for the future Lentor Central development could range from $1,950 psf to $2,000 psf.
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Listed on the Singapore Exchange Securities Trading Limited since 1978, GuocoLand Limited (“GuocoLand”) is a premier regional property company with operations in the geographical markets of Singapore, China and Malaysia. In 2017, GuocoLand marked its expansion beyond Asia into the new markets of the United Kingdom and Australia through a strategic partnership with Eco World Development Group Berhad in Eco World International Berhad.
Headquartered in Singapore, the principal business activities of GuocoLand and its subsidiaries (“the Group”) are property development, property investment, hotel operations and property management, and it is focused on achieving scalability, sustainability and growth in its core markets. The Group’s portfolio comprises of residential, hospitality, commercial, retail and integrated developments spanning across the region. As at 31 December 2021, the Group’s total assets amounted to approximately $11.3 billion.
In Singapore, the Group has successfully developed 36 residential projects yielding approximately 11,000 apartments and homes. GuocoLand’s flagship integrated mixed-use development Guoco Tower, integrates premium Grade A offices, a dynamic lifestyle and F&B retail space, luxurious apartments at Wallich Residence, the 5-star business hotel Sofitel Singapore City Centre and a landscaped urban park. It has also developed a sizeable portfolio of properties spanning across the major cities of Beijing, Shanghai, Nanjing and Tianjin. The Group’s 68% owned subsidiary, GuocoLand (Malaysia) Berhad (which is listed on Bursa Malaysia), is an established property developer of community-centric residential townships and innovative commercial and integrated development projects in Malaysia.