Is a 2470 psf 2-bedroom, 2-bathroom unit considered expensive?

To determine if a price of SGD 2,470 per square foot for a 2-bedroom, 2-bathroom unit in the Lentor area is expensive, you need to consider the average prices in that region and the broader market trends.

In 2025, the average price per square foot for condos in Singapore is estimated to be around SGD 2,500. However, prices can vary significantly depending on the location.

For the Lentor area, which is considered part of the Outside Central Region (OCR), prices are generally lower than those in the Central Business District (CBD) or prime areas like Orchard Road or Marina Bay. Here are some general price ranges for different areas:

- Central Business District (CBD): SGD 1,860 - 2,320 per square foot
- Orchard Road: SGD 1,670 - 2,045 per square foot
- Suburban areas like Lentor: Typically lower, often in the range of SGD 1,800 - 2,200 per square foot

Given these ranges, a price of SGD 2,470 per square foot for a 2-bedroom, 2-bathroom unit in Lentor could be considered on the higher side but still within the realm of current market prices, especially if the development offers premium amenities, is newly launched, or is located in a highly desirable part of the area.

To get a more accurate assessment, it would be helpful to compare this price with recent transactions in the same development or nearby projects listed on EdgeProp Singapore.