The Newport Residences is the first Executive Condominium in Tengah Forest Town
Newport Residences will be the first executive condominium project in the newly established forest town, Tengah Garden District. The development is situated in Tengah Garden Walk of District 24 The nearly triangular piece of land covers 22.020 square meters. It also has a total floor area of 61,659 sq m. The site in which Newport Residences EC sits was extensively contested in the date of its tender's closing in the month of May 2021. The top offerder Taurus Properties (SG) Pte. Ltd. A joint partnership between CDL and MCL was awarded the contract with a bid of $400.32 million which is equivalent to $603 for each square foot for each plot (psf per plot ratio, ppr).
Newport Residences is according to an analyst, will sell between $1,190 and $1,250 per sq ft, based on the proximity the Jurong Innovation District and the new MRT stations that are in the area. Newport Residences EC by developers CDL and MCL will developer around 620 housing units with lush landscaping in the area to blend into the natural surroundings of the area.
Newport Residences EC will comprise approximately 12 towers that span 14 stories which will accommodate three to five bedrooms suitable for the majority of family requirements. There is also a wealth of facilities in close proximity the Newport Residences EC and will be available in the future. Residents will have access to get a polyclinic, bus interchange community centre and sports centre as well as other. Since it is a new district it is situated within 2km of Shuqun Primary School, which is the only school in the area and Princess Elizabeth Primary School. There are however 12 parcels of land zoned for educational purposes with the intent of serving residents living in the precinct.
The first executive condo among the five planned for the Tengah Garden District, Newport Residences is definitely an exciting development which many are looking for to own.
Newport Residences is the most recent modern integrated development that has been redeveloped previously as Fuji Xerox Towers, by famous developer City Developments. City Developments (CDL). The proposed development will comprise offices, apartments that are serviced, along with retail and office space. The proposed redevelopment would comprise an integrated mixed-use project of 46 floors. As long as the approval of the authorities is granted and approval, the 40% will be allocated to retail and office uses as well as 25% of the apartments will be serviced, and another 35% to be used for residential purposes and 250 units available for sale.
Newport Tower is located at the 80 Anson Road, surrounded by four roads, including the Tanjong Pagar Road, Bernam Street, Keppel Road and Anson Road.
Live In The Heart Of The Most Rare Comfort Experiences
As per the plans, Newport Tower is being developed to be a residence, serviced apartment as well as offices and retail spaces. The units that are leased in the Fuji Xerox Towers have been removed as of July 1, 2021. The Group is currently in the process of dismantling the building in preparation for the redevelopment process.
Concerning transportation and traffic, Newport Tower (formerly Fuji Xerox Towers) is easily accessible through The Tanjong Pagar MRT station and several bus stops within close proximity adjacent to the tower. Other MRT stations in the vicinity are Downtown MRT station, Telok Ayer MRT station as well as Raffles Place station of the MRT. This condominium is in Singapore's best mixture of historic and cultural services. The new development is situated within Tanjong Pagar, the first property located in Singapore which was included as part of a national conservation plan.
Newport Tower is located within walking distance to three MRT stations that are located along three different trains, to provide you easily to the CBD and downtown core, Downtown Core, and anywhere else you're required to get to in Singapore.
Education and SCHOOL SCHOOLS
The heart of the renowned Tanjong Pagar, Newport Tower is within a 1-1.5 km radius of schools that are reputable. There are schools such as Cantonment Elementary School Outram Secondary School, Catholic Junior College.
LIFESTYLE - EXPERIENCE & GET MORE
At any time, Tanjong Pagar satisfies many desires. The enclave is not just leading in the right direction and sets the standard in terms of the realm of culture, and is an amusement and entertainment oasis. It's filled with sidewalk cafes as well as fine dining restaurants rooftop eateries malls, boutique stores and malls markets, food courts, market and bars Proscenium cinemas, theatres open-air performances and walkways, gardens playgrounds and haunts that rival every other place in our metropolis. Imagine all this in your own backyard.
RELAXING AND RENEWING
Enjoy the waters The 50m lap pool invites you to swim.
Enjoy your active lifestyle centered around waterscapes starting that extend from to the Swimming Pool to the Spa Pool. In addition, you will find The Garden Dining Pavilion and Gourmet Function Room.
Get together for intimate celebrations with family and close friends.
If you want to have a more intimate party you can invite attendees to sit in your guests to the Club House, which overlooks all of the pool areas which include The Viewing Deck, Lounge Deck and two beautiful Pool Pavilions.
CDL redesign the 38-story Fuji Xerox Tower office building to Newport Residences
CDL stated that it has presented a proposal that it has submitted to Urban Redevelopment Authority to redevelop the 38-story office building Fuji Xerox Tower into the new project called Newport Residences. The same time the project also includes which is a seven-storey office building as well as a retail mall Central Mall on Havelock Road. Both properties could be eligible for an increased lot rate through incentives from the government.
It is widely known that CDL is planning on increasing the pace of development of its former commercial buildings in Singapore's central commercial district following the outbreak of COVID-19 that has weighed on the group's net profits during the first six months during the first half of this year.
According to the most recent information, Newport Tower (formerly Fuji Xerox Towers) will be developed to be a mixed-use commercial residential and serviced apartment building 46 floors with a area of 655,000 square feet. The new structure will produce 25% higher GFA than the office complex that is on the site.