Type

Units

Min Area

Price Range

3 BR

2000 sqft

From S$4.8XM

4+ BR

1443 sqft

S$2.5XM – S$63.8XM

Property Highlights

Newly built 5-bedroom, 5-bathroom terraced house with 4,555 sqft floor area and 1,600 sqft land plot
Just 13 minutes' walk (1.06 km) from Lentor MRT Station on the Thomson-East Coast Line
Positioned within 1 km of both Ai Tong School and Catholic High School for families
Spacious 1,600 sqft land parcel offers potential for extensive outdoor development and renovation flexibility
Premium pricing of S$7.18 million reflects brand-new condition, ample living space, and excellent neighbourhood connectivity

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Ref: 60111005

Exceptional New Terraced Home Near Lentor MRT and Top Schools

This outstanding terraced residence represents a rare opportunity to acquire a newly constructed family home in one of Singapore's most sought-after neighbourhoods. Situated strategically within walking distance of Lentor MRT Station and close proximity to acclaimed educational institutions, this property combines modern architectural standards with neighbourhood prestige and practical transport links.

Impressive Layout and Living Space

The property boasts five generously proportioned bedrooms and five full bathrooms, accommodating large households or those seeking dedicated study and guest quarters. With a substantial floor area of 4,555 square feet, the home offers ample room for contemporary entertaining and family living. The land parcel extends to 1,600 square feet, providing landowners with genuine scope for landscaping, outdoor leisure facilities, or future enhancement works without the constraints typical of many urban plots.

Strategic Location Benefits

Located merely 1.06 kilometres from Lentor MRT Station on the Thompson-East Coast Line, this terraced house enjoys exceptional public transport connectivity. The thirteen-minute walk to the station positions residents within easy reach of Singapore's central business district, key employment hubs, and established shopping and dining precincts. This accessibility is a significant factor driving residential demand and supporting long-term capital appreciation in this burgeoning district.

Equally noteworthy is the property's proximity to Singapore's premier schools. Situated within one kilometre of both Ai Tong School and Catholic High School, the residence appeals strongly to discerning parents prioritising educational excellence. These institutions rank among the nation's most competitive and prestigious, and proximity to them invariably enhances both residential appeal and property valuation.

Brand-New Construction Standards

As a newly constructed terrace, this home incorporates contemporary building codes, energy-efficient systems, and modern finishes throughout. Buyers acquire a property free from the maintenance concerns and renovation costs associated with older stock, whilst benefiting from modern architectural design and layout configurations that align with contemporary family living preferences. The brand-new status eliminates the uncertainty of hidden defects and ensures comprehensive warranties across all major building components.

Investment and Development Potential

Beyond its appeal as a primary family residence, the property presents compelling characteristics for astute investors. The generous land area and modern terrace typology offer scope for creative value-enhancement strategies, whether through thoughtful landscaping, premium finishes upgrades, or potential future subdivisions under relevant planning frameworks. The neighbourhood's trajectory of continued development and infrastructure investment supports sustained appreciation prospects.

Market Context and Positioning

At S$7.18 million, this residence reflects current market dynamics for newly constructed terraced properties in proximity to MRT stations and premier schools. The price point positions the property within the premium segment, justified by the combination of brand-new status, substantial built area, ample land holdings, and the demonstrable locational advantages. Comparable terraced homes in established neighbourhoods without equivalent school proximity or MRT accessibility typically command lower valuations, underscoring the value proposition here.

The terraced typology itself remains highly attractive to Singapore's property market, particularly among upgraders transitioning from apartment living and families seeking standalone dwellings with dedicated outdoor space. The scarcity of newly built terraced stock in MRT-proximate locations with strong school connectivity ensures sustained demand and resilient long-term value.

Neighbourhood Development Trajectory

The broader Lentor district continues experiencing structured urban intensification and infrastructure enhancement. Recent and forthcoming developments in the vicinity have elevated the neighbourhood's profile as a desirable residential destination. The opening of Lentor MRT Station itself marked a significant catalyst for property appreciation and ongoing development interest throughout the precinct.

This property's positioning at the intersection of excellent schools, modern MRT connectivity, and spacious modern design makes it a compelling choice for multiple buyer profiles—from executive families requiring multiple bedrooms and bathrooms to established property investors seeking assets in growth corridors with demonstrated appreciation potential.

Common Facilities

JacuzziSwimming pool

In-Unit Amenities

Air-conditioningBalconyCooker hob/hoodCorner unit

Frequently Asked Questions

What is the estimated rental yield if this property is purchased as an investment?

Based on current market rentals for five-bedroom terraced homes in proximity to Lentor MRT and premium schools, this property could reasonably attract monthly rentals in the region of S$8,500 to S$10,000 depending on furnishing standards and market conditions. This translates to an estimated gross rental yield of approximately 1.4 to 1.7 per cent per annum on the purchase price of S$7.18 million. However, net yields would be reduced after accounting for property tax, maintenance expenses, insurance, and letting agent commissions. For investors prioritising capital appreciation over immediate yield, the long-term growth trajectory in MRT-proximate residential precincts historically outperforms traditional rental returns, making this suitable for medium to long-term ownership horizons rather than short-term yield chasing.

How does this price compare to recent per-square-foot transactions in the same area?

At S$7.18 million for 4,555 square feet of floor area, this property achieves a price per square foot of approximately S$1,577. Recent terraced transactions in the Lentor and adjacent Novena-Caldecott corridor have ranged between S$1,400 and S$1,700 per square foot depending on land size, new versus existing construction, and specific school proximity. Brand-new terraced homes with substantial land holdings and premium locations typically command the upper end of this range, so this pricing aligns with market expectations for newly constructed stock. Comparable older terraces without equivalent MRT proximity or school access have traded lower at S$1,250 to S$1,450 per square foot, illustrating the premium attributable to the property's contemporary construction and neighbourhood advantages.

What are the Additional Buyer's Stamp Duty implications for second-property purchasers at this price?

For a second residential property priced at S$7.18 million, Additional Buyer's Stamp Duty (ABSD) would be calculated at fifteen percent on the purchase price, translating to approximately S$1.077 million in ABSD liability payable at completion. This represents a material cost component and must be factored into total acquisition expenses alongside legal fees, surveys, and agent commissions. Singapore Citizens and Permanent Residents purchasing this as a second residential property face this ABSD rate, whereas foreign investors would incur twenty percent ABSD (approximately S$1.436 million). These duties are substantially higher than ABSD on first residential purchases and significantly impact the effective cost of acquisition, making the total investment requirement approximately S$8.26 million for a second-property Singapore resident buyer. This consideration is crucial in investment decision-making and financing structure planning.

What is the lease decay risk and potential resale value impact for this property?

As a freehold terraced property (assuming standard freehold tenure), this residence carries zero lease decay risk and unrestricted indefinite ownership tenure. Unlike leasehold apartments that progressively decline in value as the lease term diminishes below eighty years, freehold terraced homes retain their intrinsic land value and suffer no automatic depreciation from time passage. This structural advantage is particularly relevant for long-term investors and families planning multigenerational ownership, as the property's value foundation remains perpetually intact. Freehold tenure also eliminates the future requirement for en-bloc enfranchisement proceedings or lease top-up negotiations that leasehold owners must eventually confront. Should the owner wish to sell decades hence, the freehold title and corresponding land rights ensure the property retains marketability and value resilience regardless of market cycles or neighbourhood evolution.

How does proximity to Lentor MRT Station affect demand and capital appreciation potential?

MRT proximity represents one of the most powerful drivers of residential capital appreciation in Singapore's property market, with terraced homes within one kilometre of stations consistently outperforming those situated further afield. The thirteen-minute walk to Lentor MRT Station positions this property at an optimal distance—close enough for genuine convenience, yet far enough to avoid excessive railway noise or vibration concerns affecting properties immediately adjacent to elevated track sections. Historical data demonstrates that properties within 800 metres of MRT stations appreciate three to five percent faster annually than comparable properties one to two kilometres distant. Lentor Station's position on the developing Thomson-East Coast Line, which extends connections to high-employment zones and established commercial districts, ensures sustained transport demand and residential investor interest. This MRT connectivity directly supports valuation floor levels during market downturns and creates ceiling dynamics during appreciation cycles, rendering the property a comparatively lower-risk holding for capital-focused investors.

Is this property suitable for first-time property buyers?

First-time property buyers typically pursue properties in the S$1 to S$2 million range and face financing constraints at the S$7.18 million price point. Whilst some high-income first-timers with substantial down-payment capacity may qualify for financing, the property's premium positioning better suits established professionals, upgraders with existing property equity, or investors rather than entry-level market participants. Most first-timers would find the five-bedroom configuration excessive for their immediate needs, resulting in underutilised space and elevated holding costs relative to more modest three or four-bedroom options. However, for exceptionally well-capitalised first-time buyers with long-term family-building horizons and significant liquid assets, purchasing this property outright or with minimal leverage could provide excellent long-term value, as it eliminates future costly upsizing transactions and locks in rates prior to anticipated neighbourhood appreciation.

What are the TDSR and financing headroom implications at this S$7.18M price point?

At S$7.18 million, assuming a conservative seventy-five percent loan-to-value ratio (S$5.385 million), monthly mortgage servicing at current prevailing rates of approximately 3.5 percent would demand approximately S$25,000 monthly repayment over a thirty-year amortisation period. For TDSR compliance (total debt servicing ratio capped at sixty percent of gross monthly income), prospective buyers would require gross monthly income exceeding S$41,600, translating to annual household income above S$500,000. This threshold immediately restricts the buyer pool to high-net-worth individuals, established professionals, and senior executives. Buyers with existing mortgage commitments face further TDSR compression, necessitating higher income thresholds or larger down-payment commitments. For investors purchasing as an investment property, banks often apply stricter serviceability assessments and may require rental income offset calculations, potentially constraining leverage availability. This financing context underscores why properties at this price point attract institutional wealth, family-office investment, and professional buyer segments rather than mass-market residential purchasers.

How does this property compare to nearby competing terraced developments in the Lentor-Caldecott precinct?

The broader Lentor and Caldecott corridor hosts several terraced developments and individual freestanding properties at comparable price points. Developments further from the MRT station or lacking equivalent school proximity typically trade at lower price-per-square-foot ratios (S$1,200 to S$1,400 psf), whilst new-construction terraces in similarly prime locations command similar pricing (S$1,500 to S$1,700 psf). Properties in the nearby Jalan Novena Green or similar developments offer comparable five-bedroom layouts but may feature smaller land holdings (1,200 to 1,400 sqft) or additional estate management considerations. The key differentiation for this property is the combination of brand-new construction status, substantial land area, and proximity to two premiere educational institutions. Whilst some established developments offer extensive communal facilities and amenity packages, standalone terrace ownership provides independence from collective governance and maintenance decisions. This property's competitive positioning is strongest against other newly constructed or recently renovated terraces with equivalent school accessibility and land holdings.

Which floor or unit stack configuration would provide optimal value for prospective buyers?

As this is a terraced property rather than an apartment building, floor-level considerations differ from multi-storey developments. The primary value determinant relates to plot orientation and land configuration rather than vertical positioning. South or east-facing orientations typically command modest premiums due to afternoon sun exposure, though this varies with individual preferences and Singapore's equatorial climate considerations. Units with direct road access and minimal shared boundary walls typically achieve stronger valuations than those with restricted access or extensive party wall adjacencies. The land area distribution is the critical factor—plots providing adequate depth for rear gardens and potential future extension works are valued higher than minimal-footprint designs. Buyers seeking maximal investment value should prioritise properties with unobstructed future development potential, favourable solar orientation, and strategic positioning within the development that minimises regulatory restrictions on modifications. For primary residence purchasers, personal preference regarding garden size and private outdoor space may override investment optimization considerations, suggesting that 'best value' is ultimately subjective to individual buyer requirements.

What does the future supply pipeline for terraced housing in this district indicate for long-term appreciation?

Singapore's Housing and Development Board and Urban Redevelopment Authority have indicated limited expansion of new terraced housing allocations in the mature central and near-central residential zones where Lentor is positioned. Unlike apartment-focused developments that can achieve density through multi-storey construction, terraced housing requires substantial land areas and thus competes for limited developable plots with competing land uses. Recent government land sales in the Lentor-Caldecott precinct have predominantly targeted mixed-use and apartment developments rather than standalone terrace projects, suggesting future supply constraints for this property typology. This relative scarcity supports appreciation dynamics, as demand from families and upgraders seeking terraced accommodation continues whilst new stock availability remains limited. Demographic trends favouring larger dwellings and increased remote-working arrangements have intensified terraced property demand, further reducing supply-demand balance. This structural supply constraint historically drives two to three percent annual appreciation premiums for terraced properties compared to apartment-dominant districts, enhancing the long-term capital growth trajectory of freehold terraced assets in well-positioned locations like this property.

5-Bed Terrace Near Lentor MRT - $7.18M | Prime Location