Our Review
Location
What we liked:
Being right next to Lentor Modern and Lentor MRT, the distance from side gate to MRT exit is less than 100m with sheltered walkway.
Within 1KM from CHIJ St Nick's Girls School and Anderson Primary.
Location currently comprise of mostly private landed and condos - more exclusive than in HDB neighbourhoods.
What we didn't liked:
Lentor is still an up and coming area that not many are familiar with. Lack of local hawker/coffeeshops nearby - nearest would be at Sembawang Hills Food Centre.
Location score: 7/10
Accessibility
What we liked:
Fully sheltered to Lentor MRT (Thomson East Coast line), which is 9 stops/20mins away from Orchard MRT.
Drivers have easy access to CTE, TPE, and the future North South Corridor.
Accessibility Score: 8.5/10
Development Quality
What we liked:
Guocoland has track record in rejuvenating the Tanjong Pagar district, and the upcoming Bugis district.
Reisdential blocks are lined up to form the Chinese character of 8, or 'ba' - a symbol for wealth and prosperity.
Beyond your usual full condo facilities, they also have a sky terrace with a 400m jogging track connecting 4 blocks, and a roof garden with BBQ pits.
What we didnt' liked:
Half of the stacks in block 31 facing almost direct west.
Some of the layouts - such as the 3B with its extremely long corridor and the kitchen placement.
Development quality score: 8/10
Pricing
What we liked:
Units are priced at less than 15% profit margin from the estimated break even land price of $1,820 PSF.
Compared to Lentor Modern, Lentor Hills have arguebly better layouts, within 1KM from CHIJ St. Nicks', while still being able to enjoy the convenience that Lentor Modern has.
Price score: 7/10
Exit Potential
What we liked:
Guocoland monopolizing the Lentor area so they are unlikely to sabotage themselves by launching other projects at lower prices.
Buyers considering resale units of Lentor Modern would definitely compare to Lentor Hills - where you still enjoy the mall and MRT the same. Parents, however, would prefer Lentor Hills just for the school advantage.
What we didn't like:
Issue of oversupply in future, but it'll likely affect future Lentor projects more significantly.
Exit Potential score: 7/10