Developers’ sales for the week of 11 Mar – 17 Mar 2024 were 522 units
The CCR accounted for 13.2% while the RCR and OCR made up 1.9% and 84.9%
The respective top-selling projects in the CCR is Cuscaden Reserve followed by Grand Dunman in the RCR and Lentor Mansion in the OCR
Lentor Mansion is the best-selling project in 2024 in terms of number of units sold and is the second best-selling project in the Lentor precinct after Lentor Modern which sold 84% of 605 units on the first day
The strong set of sales showed that buyers appreciate the strong placemaking emphasis the developer has placed on the Lentor precinct and the growing appeal of Lentor as a private residential enclave
The efficient and compact layout of the units in Lentor Mansion led to a more attractive quantum, easing the entry threshold for first-time buyers and HDB upgraders
Huttons Data Analytics estimate 75% of the units sold are priced below $2.0 million which is the sweet spot entry prices for first time buyers and HDB upgraders.
