Lentor condo investment

We cannot predict prices. What we can do is lay out the levers that will decide the outcome for a Lentor purchase.

Entry price

Your entry price against what comparable homes have actually resold for, size for size and floor for floor. Use the weekly report and URA caveat data rather than headline averages.

Timing

A September 2029 TOP means about three years of progressive payments before rental income starts. Nothing is earned during that period except any price movement.

Holding costs

• Progressive-payment interest on the drawn-down loan.
• Property tax and maintenance fees after TOP.
• Seller's Stamp Duty if you sell within four years of purchase (16%, 12%, 8%, 4% by year).

Exit

At TOP you will compete with the later launches in the enclave and any additional Lentor Central supply. A unit with a rare feature (a strata terrace, a premium stack, a large 4-bedroom) tends to differentiate better than an identical 2-bedroom.

What history shows

Early subsale gains of up to 21% were reported after Lentor Modern's TOP, but that project launched into a very different market and with an MRT-integrated mall. Past returns do not carry over automatically to a launch four years later.

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