93% of the projects sold, or 445 units, are sold in the first weekend of the opening of the new private home in Leentor Central Residences (LCR). There are 477 units in this project.

The project is jointly developed by Hong Leong Holdings, GuocoLand and CSC Land. The smallest unit is a 463-square-foot single-bedroom, with a price starting from 975,000 yuan. Among the new markets launched so far this year, it is the only one with a price of less than one million yuan.

Honglong Holdings issued a statement on Sunday (March 9) stating that as of 5 pm, the 445 units sold had a price ranging from 1,982 yuan to 2,573 yuan, 90% of the buyers were Singaporeans, and the remaining 10% were permanent residents or foreigners.

Zhuang Beishi, head of marketing and marketing at Fenglong Holdings, said: “The strong sales reflect the high interest of buyers. They regard LCR as an emerging project. Most of them are homeowners and have a good impression of the high-performance design of our unit because the unit design prioritizes living functions in order to create highly livable spaces.”

The project is a five-minute walk from Lentor Metro Station and is connected to several major expressways.

Further reading

Yicuiyuan's official public bidding price is 928 million yuan

Yicuiyuan's official public bidding price is 928 million yuan

The Housing and Construction Bureau delivers all HDBs for delays in pre-order at the end of this month

The Housing and Construction Bureau delivers all HDBs for delays in pre-order at the end of this month

“The pricing of LCR is a strong entry point for buyers compared to other projects recently launched. Its launch will also help complement the declining supply of new homes in the Lentor Hills area. As of early March, there were only 147 unsold units left in five projects, most of which were three-bedroom and above.”

According to the latest statement, Honglong Holdings expects the project to obtain a temporary license for entry (TOP) in the final quarter of 2028.