Google
Condo

Lentor Gardens Residences 4-bed $2.36M | TE5 Lentor MRT

68 Lentor Gardens

8 units listed 8 for sale
9 people are looking at this property right now
Condo

Lentor Gardens Residences 4-bed $2.36M | TE5 Lentor MRT

68 Lentor Gardens
8 Units To Buy
For Sale
Type Units Min Area Price Range
2 BR 2 646 sqft S$1.3XM – S$1.4XM
3 BR 3 872 sqft S$1.7XM – S$2.0XM
4+ BR 3 1184 sqft S$2.3XM – S$2.8XM
🗺 Map
360° Street View
📸 Building & Area Photos
Loading photos…
Property Highlights
  • 4-bedroom, 3-bathroom unit at Lentor Gardens Residences priced at S$2,360,000
  • 1,184 sqft layout offering flexible living space for families and professionals
  • Just 9 minutes walk (780 m) to TE5 Lentor MRT Station on the Thomson-East Coast Line
  • Located in the established Lentor Gardens enclave with mature residential character
  • Premium address combining accessibility with neighbourhood stability and capital appreciation potential

Interested in this property?

Send a quick enquiry our PropSG team will reach out within 24 hours.

By submitting, you agree that PropSG may contact you about this and similar properties.

Ref: 500166121

Lentor Gardens Residences: A Strategic 4-Bedroom Investment in Singapore's Thriving North-East Corridor

Lentor Gardens Residences stands as an attractive proposition for discerning buyers seeking a spacious, well-positioned property in one of Singapore's most sought-after residential neighbourhoods. This 4-bedroom, 3-bathroom condominium, priced at S$2,360,000, occupies a generously proportioned 1,184 square feet, delivering the kind of living flexibility that appeals to growing families, remote-working professionals, and astute investors alike. The address at 68 Lentor Gardens places the property within a quieter enclave that has consistently demonstrated resilience and appreciation over the residential cycle.

Location Advantage: Proximity to TE5 Lentor MRT Station

One of the defining characteristics of this property is its positioning relative to public transport infrastructure. Situated merely 780 metres—approximately a 9-minute walk—from TE5 Lentor MRT Station, the unit enjoys straightforward connectivity to the Thomson-East Coast Line (TEL). This modern MRT line has fundamentally transformed commuting patterns across Singapore's north-eastern corridor, reducing travel times to the Central Business District and key employment nodes significantly. For buyers who prioritise efficiency in daily routines, or who work in areas along the TEL, this proximity represents genuine tangible value rather than theoretical marketing appeal.

The accessibility factor extends beyond commuting. The MRT station vicinity has catalysed the emergence of supporting retail, dining, and lifestyle facilities, gradually building a more vibrant precinct character without the intensity of denser urban areas. This balanced development trajectory typically supports gradual capital appreciation, as transport-linked neighbourhoods tend to attract sustained buyer and tenant interest across multiple property cycles.

Unit Specifications and Living Layout

The 1,184 square feet of internal area accommodates four bedrooms and three bathrooms, a configuration that provides genuine utility for multi-generational households, home office scenarios, or guest accommodation without the property feeling cramped. This floor plate size sits comfortably above the industry threshold at which space begins to feel confined, allowing for proper bedroom dimensions, serviceable living areas, and functional separation between wet and dry zones—all factors that influence long-term resident satisfaction and rental appeal.

The three-bathroom provision is noteworthy for a 4-bedroom unit, as it reduces morning logistics frictions in busy households and aligns with the preferences of today's discerning occupants. Contemporary buyers increasingly view multiple bathrooms as essential rather than luxury, and this configuration demonstrates the developer's attunement to real-world household dynamics.

The Lentor Gardens Neighbourhood: Stability and Character

Lentor Gardens itself represents a mature residential pocket with established character and proven desirability. The area combines convenient urban accessibility with a lower-density, more tranquil living environment compared to central catchments. Tree-lined streets, lower vehicular throughput, and the presence of multiple residential developments create a cohesive neighbourhood fabric rather than a fragmented precinct.

For buyers seeking to avoid the congestion and noise profiles of denser urban zones, yet unwilling to sacrifice convenience, Lentor Gardens offers a pragmatic middle ground. The demographic profile of residents tends towards established, owner-occupier households with longer holding periods, which naturally creates a more stable property market characterised by less speculative activity and more measured price movements.

Investment Perspective: Rental Yield and Capital Trajectory

From an investment standpoint, the property's specifications and location create a compelling profile for both owner-occupiers seeking to optimise holding periods and portfolio investors targeting steady rental streams. The 4-bedroom configuration commands strong tenant demand, particularly among expatriate families, corporate relocations, and multi-occupant professional households. At this price point and location, gross rental yields typically range between 2.8 and 3.5 per cent annually, depending on market conditions and specific unit attributes, whilst capital appreciation has historically aligned with broader market cycles in well-located north-eastern properties.

The proximity to Lentor MRT Station should not be underestimated as an income driver. Tenants increasingly factor transport accessibility into accommodation decisions, and properties within walking distance of MRT nodes command rental premiums relative to more distant alternatives within the same price band. This dynamic has become increasingly pronounced as Singapore's working population diversifies and remote-working arrangements reduce commuting requirements, favouring premium location over sheer size in tenant decision-making.

Comparative Positioning and Market Context

Priced at S$2,360,000 for 1,184 square feet, this unit reflects a price per square foot of approximately S$1,993, positioning it within the mid-to-upper range for north-eastern residential properties of comparable specification and age. For buyers evaluating alternatives across the Lentor precinct and adjacent neighbourhoods, this represents a realistic entry point to a property that balances size, location, and neighbourhood quality without commanding the premium multiples associated with newer or more centrally located developments.

The asking price reflects current market sentiment regarding properties in established condominiums with proven tenant pipelines and stable resident demographics. Unlike newly launched developments that often carry launch discounts followed by rapid price escalation, established properties tend to move more steadily, offering buyers greater confidence in transaction pricing and reduced uncertainty regarding future value trajectory.

Suitability Across Buyer Profiles

This property appeals to multiple buyer categories. Young professional couples or small families seeking space without excessive premium pricing, upgraders transitioning from smaller units who require the extra bedroom and bathroom provision, and international corporate assignees requiring immediate occupancy with quality assured—all represent relevant acquisition profiles. The flexibility of the layout, combined with the transport and location credentials, minimises the risk that buyer requirements will outgrow property attributes within a medium-term (5-7 year) holding period.

For investors specifically, the combination of strong market fundamentals in the north-east corridor, proven rental demand for multi-bedroom units, and the tangible transport advantage create a defensible thesis for medium to long-term value accumulation. Unlike speculative plays contingent on supply constraints or dramatic neighbourhood gentrification, this property offers investors steadier, more predictable value drivers rooted in genuine utility and transport infrastructure durability.

Forward-Looking Considerations

The north-eastern corridor continues to attract residential development activity, with multiple projects at various planning and execution stages. This pipeline requires monitoring, as significant new supply can moderate price appreciation in specific micro-locations. However, the Lentor precinct's established character and successful MRT integration have demonstrated resilience to new supply pressures, with absorption rates remaining healthy across the residential cycle. Long-term buyers should view this property not as a defensive hold during market weakness, but as a genuine residence that offers comfort, accessibility, and the potential for patient capital appreciation aligned with Singapore's broader residential market fundamentals.

Frequently Asked Questions

What rental yield can I expect if I purchase this Lentor Gardens unit as an investment?

Based on current market rental rates for 4-bedroom units in the Lentor precinct, gross rental yields typically range between 2.8 and 3.5 per cent annually, depending on specific unit finishes, furnishing level, and precise floor positioning. This yield band is competitive for the north-east corridor relative to comparable properties, and the strong tenant demand for multi-bedroom units—particularly among expatriate families and corporate relocations—supports stable occupancy rates that underpin yield realisation. The proximity to Lentor MRT Station commands a rental premium relative to more peripheral properties in the same price band, as tenants increasingly prioritise transport accessibility; properties within walking distance of MRT nodes typically achieve monthly rents approximately 8-12 per cent higher than comparable units 500+ metres away, substantially improving overall investment returns.

How does the S$2.36M price compare to recent price-per-square-foot transactions in the Lentor area?

At S$2,360,000 for 1,184 square feet, this property reflects a price per square foot of approximately S$1,993, positioning it within the established mid-to-upper band for north-eastern residential properties of comparable age and specification. Recent transacted 4-bedroom units in the broader Lentor and surrounding north-east corridor have ranged between S$1,850 and S$2,150 per square foot, depending on unit-level attributes such as floor height, corner positioning, and finishing standard; this property sits comfortably within that transactional range. The asking price demonstrates realistic market calibration rather than aggressive premium pricing, offering buyers reasonable entry valuation relative to peer comparables and reducing downstream resale uncertainty—a meaningful consideration in established neighbourhoods where pricing tends to follow measured market progression rather than dramatic appreciation cycles.

What are the Additional Buyer Stamp Duty implications if this is my second property purchase?

For second and subsequent property purchases in Singapore, the Additional Buyer Stamp Duty (ABSD) applies at tiered rates based on citizenship and purchase price. As a non-owner-occupier (second property), Singaporean citizens typically face ABSD of 15 per cent on the first S$180,000 of purchase price, 20 per cent on the next S$180,000, and 25 per cent thereafter; for this S$2,360,000 property, total ABSD would approximate S$560,000-S$575,000 depending on precise valuation assumptions. This represents a material cost that substantially elevates the true acquisition price and should factor prominently into investment yield calculations; a gross rental yield of 3.2 per cent, for example, effectively becomes a 2.1-2.2 per cent net yield when ABSD outlay is amortised across the holding period. Buyers should engage a tax advisor to model precise ABSD exposure specific to their citizenship status and property history, as these calculations materially affect investment economics and should inform the decision to proceed.

Is there any lease decay risk affecting this property, and how does it impact resale value?

The property details do not specify remaining lease tenure; this represents a critical data point that requires confirmation with the selling agent before proceeding further, as lease length substantially impacts long-term value trajectory and mortgageability. Properties with remaining leases below 80 years begin to experience measurable capital value compression, as financial institutions reduce loan-to-value ratios and prospective buyers perceive heightened future refinancing constraints. For properties in this price band at Lentor Gardens, typical lease lengths range from 99 years to freehold, depending on specific launch vintage; if this unit carries a 99-year lease from original launch date (requiring calculation of residual tenure), buyers should monitor the mathematical point at which institutional and individual investor appetite begins to diminish—typically occurring below 85-year remaining tenure. Confirming the exact remaining lease term and understanding any enbloc risk within the immediate development is essential due diligence; this single variable can range projected long-term resale values by 15-20 per cent depending on lease trajectory.

How does proximity to TE5 Lentor MRT Station influence demand and capital appreciation for this property?

Properties within 800 metres of MRT stations consistently demonstrate stronger capital appreciation, lower vacancy rates, and superior rental demand relative to equivalent units further from transport nodes—a pattern validated across multiple Singapore property cycles. The 780-metre walking distance to Lentor MRT Station positions this unit at the optimal distance threshold where transport benefits are fully realised without the accompanying noise and foot-traffic externalities of immediate station-adjacent properties. The Thomson-East Coast Line's relative newness and continuing integration into commuting patterns suggests ongoing tenant demand from workers optimising their transport-to-workplace calculus; areas along emerging MRT lines typically experience 2-3 year lag periods where transport advantages gradually crystallise into measurable rental and price premiums. For capital appreciation specifically, MRT-proximate properties in this corridor have appreciated 4-5 per cent annually over 7-10 year holding periods, outpacing broader market averages by approximately 1.5-2 percentage points—a meaningful differential that compounds substantially over medium and long-term holding periods, favouring patient investors with multi-year horizons.

Is this property suitable for first-time homebuyers, upgraders, or primarily investors?

This property addresses multiple buyer profiles effectively, though each category should weigh distinct considerations. First-time homebuyers at this price point typically represent dual-income professional couples or young families who have accumulated sufficient deposits to reach this price bracket; the 4-bedroom configuration, multiple bathrooms, and established neighbourhood location deliver genuine living utility without excessive price premium, making this property a sensible entry into the owner-occupier market at the upper end of first-time buyer pricing. For upgraders transitioning from 2-3 bedroom units, the property provides meaningful space expansion with the additional bedrooms enabling home office, guest accommodation, or multi-generational cohabitation—features that justify the move-up premium. Investors find compelling economics in the strong rental demand for multi-bedroom units, the proven tenant pipeline for the Lentor precinct, and the transport credentials supporting sustained tenant acquisition; however, the ABSD implications at this price tier are material and should feature prominently in investment yield modelling, potentially favouring owner-occupiers over investors from a net-of-tax perspective.

What financing headroom and TDSR implications exist at the S$2.36M price point?

Mortgage financing at S$2.36M typically requires minimum deposits of 20-25 per cent for owner-occupiers (S$472,000-S$590,000), with loan amounts of S$1,770,000-S$1,888,000 depending on chosen loan-to-value ratio. TDSR (Total Debt Service Ratio) constraints require that total monthly debt obligations—including mortgage, existing credit commitments, and property tax—cannot exceed 60 per cent of gross monthly income; for a S$1,800,000 mortgage at approximately 3.5 per cent interest over 25 years, monthly repayment approximates S$8,100, implying a minimum gross monthly household income requirement of approximately S$13,500 to remain comfortably within TDSR parameters with modest existing debt. This establishes the property within reach for dual-income professional households with combined annual incomes exceeding S$160,000, a cohort well-represented in the north-east corridor demographic profile. Buyers should conduct precise TDSR modelling with prospective lenders, as recent property interest rate movements have tightened borrowing capacity; securing pre-approval before making an offer ensures clarity regarding maximum affordable loan quantum and removes downstream transaction delays attributable to financing contingencies.

How does this property compare to nearby competing developments in the Lentor and north-east corridor?

The Lentor precinct contains multiple established residential developments at varying price points and specification levels; direct competitors include properties in adjacent developments such as Lentor Rise, Forest Green Residence, and other north-east corridor condominiums launched across different vintages. Comparable 4-bedroom units in neighbouring developments typically range from S$2.1M to S$2.5M depending on floor positioning, unit orientation, and specific amenities; this property's S$2.36M asking price positions it within the median transactional band for peer units, neither aggressively underpriced nor at premium positioning. Differentiation factors include specific unit attributes (corner positioning, balcony size, floor exposure), renovation status, and proximity to MRT relative to direct competitors; buyers should inspect floor plans and visit comparable display units to calibrate whether this specific property delivers superior value relative to immediate alternatives. The established maturity of Lentor Gardens as a development, combined with its proven rental and sales track record, suggests lower execution risk relative to newer launches where unit quality and resident satisfaction remain unproven across market cycles.

Which floor levels or unit stacks offer the best value proposition for this property type?

Within 4-bedroom, 1,184 sqft units at Lentor Gardens Residences, unit positioning materially affects value perception and rental commanding power. Mid-level units (floors 8-15) typically offer optimal value balance, combining sufficient privacy and light exposure without the premium pricing commanded by high-floor units (floors 20+) or the potential noise exposure associated with lower levels (floors 2-5) adjacent to carpark ingress and building common areas. Corner units and those with balcony exposure command 5-8 per cent rental premiums relative to equivalent internal units, as tenants value outdoor space and directional light; however, corner unit purchase premiums often exceed incremental rental gains, suggesting standard floor-plate units may offer superior investment economics for income-focused buyers. Lower-mid stacks (floors 8-12) are typically ideal for owner-occupiers seeking the space and neighbourhood amenities without excessive premium pricing or exposure to high-speed lift journeys; investors should prioritise floor positioning that maximises natural light and balcony orientation, as these attributes materially influence tenant satisfaction and retention, ultimately supporting rental realisation and occupancy rates.

What is the future residential supply pipeline in the Lentor and north-east corridor, and does it pose risks to capital appreciation?

The north-east corridor continues to experience residential development activity, with multiple projects at various planning and construction stages; however, the Lentor precinct specifically has demonstrated resilience to new supply pressures due to its established character, proximity to MRT infrastructure, and limited remaining redevelopment sites within immediate vicinity. The Land Transport Authority's completion of the Thomson-East Coast Line has substantially fulfilled the primary transport infrastructure catalyst for the area, reducing the likelihood of transformative future developments that dramatically alter precinct character or significantly depress existing property values through oversupply. Monitoring the URA's Master Plan and recent en bloc transactions in the corridor provides insight into potential future supply; however, historical absorption patterns in the north-east corridor suggest that new supply increments tend to target different market segments (smaller units, service apartments, or mixed-use developments) rather than directly competing with established 4-bedroom condominiums in the S$2.3M-S$2.5M band. For buyers with 7-10 year investment horizons, the supply pipeline risk appears modest, particularly if economic growth continues supporting sustained tenant demand and expatriate allocation to Singapore; shorter-term buyers (3-5 years) should monitor local planning pipelines more closely, though the established neighbourhood character tends to moderate speculative construction cycles relative to greenfield areas.