Lentor Gardens Residences Sells 54% at Launch; HDB Million-Dollar Flats Rarely Attract COV
Published 21 July 2026 · Covers news from 20 Jul to 21 Jul
Lentor Gardens Residences moved 270 of 499 units at its July weekend launch, while a PropNex report finds most buyers of million-dollar HDB resale flats paid no cash-over-valuation in 2025. Separately, Singapore has lowered the qualifying age for senior-friendly public housing, a policy change that could release larger HDB flats back to the market.
- Lentor Gardens Residences sold 270 of 499 units (54%) over its July 18–19 launch weekend at an average of $2,350 psf; three-bedroom compact layouts were fully sold out, and no new Lentor Hills launch is expected until 2027 [4].
- According to a PropNex report, most Singapore buyers who transacted million-dollar HDB resale flats in 2025 paid no cash-over-valuation (COV), suggesting valuations are broadly keeping pace with transaction prices even at the top end of the resale market [2].
- Singapore has lowered the qualifying age for senior-friendly public housing schemes; Stacked Homes reports this could free up a larger supply of bigger HDB flats as more seniors become eligible to downsize [6].
- Luxury home transaction value eased in Q2 2026 despite a resilient resale market, according to Real Estate Asia, pointing to some softening at the high end even as broader resale activity holds up [1].
- CBRE data cited by The Edge Singapore reports that rents at Singapore's prime offices rose for a sixth consecutive quarter, a trend relevant to buyers and investors weighing commercial versus residential allocations [7].
Sources
- [1]Singapore luxury home transaction value eases in Q2 despite resilient resale market - Real Estate Asia
Google News — Singapore property · 20/07/2026
- [2]Million-dollar HDB flats: Most Singapore buyers paid no COV in 2025 — PropNex report - The Independent Singapore News
Google News — Singapore property · 20/07/2026
- [4]Lentor Gardens Residences Sold 54% At Launch — Here’s Which Layouts Sold Out First
Stacked Homes · 20/07/2026
- [6]
Note: This insight was AI-synthesised from the sources above. SifuProperty does not predict prices or recommend buy/sell timing. For decisions on a specific property, talk to a CEA-registered agent. Nothing here is financial or investment advice.