Newport Residences layout for 600 units were planned to blend in with Jurong Innovation District
Newport Residence condo will be the first executive condominium within the town. It was launched just recently in The Tengah Garden District. The development is situated within The Tengah Garden Walk within District 24. The property is comprised of 22.020 acres. Its total area is 61.659 square meters.
The site that Newport Residence is situated on was the subject of a heatedly contestant auction that ended in May the year 2021. The most sought-after buyer was Taurus Properties (SG) Pte. Ltd. A joint venture comprised of CDL along with MCL was selected to bid the most expensive price of $400.32 million, or $603, per square feet of property.
Newport Residences is according to an analyst that the project is expected to cost between $190-$1500 dollars per square foot, which is in line with the site is located in the Jurong Innovation District. Jurong Innovation District. Jurong Innovation District Jurong Innovation District and also the brand-new MRT stations within Jurong Innovation District. Jurong Innovation District. Jurong Innovation District. Newport Residences EC was created by collaborating developers CDL and MCL anticipates to developer approximately 600 dwelling units. The development will be situated in the vast Jurong Innovation District. The layout was planned to blend in with the nature which is the Jurong Innovation District.
Newport Residence will consist of twelve towers with fourteen stories. The towers are planned to provide three to five bedrooms. It is perfect for families who have a variety of needs. In addition, the region has a range of services in the region. Newport Residences EC which will also be available within the coming weeks. Residents can utilize the polyclinic as well as the community center that serves as an interchange point for buses, as well as the sports center, among other facilities. It's a brand new district and located close to The Shuqun Elementary School which is the sole school in the District. It's also home to schoolchildren from the Princess Elizabeth Elementary School. Twelve parcels of land are set aside to offer education for the residents of the district.
First Executive condo in the five units plans to be built in The Tengah Garden District, Newport Residences is an extremely sought-after development that is popular with those seeking to buy.
Newport Residences is the modern and contemporary integrated development that was first designed in the form the Fuji Xerox Towers, by the famous developer City Developments. City Developments (CDL ). The development is expected to consist of offices, apartments , and houses that are linked to office and retail spaces. The project is expected to grow into a multi-use community which will have 46 levels. Once the approval of the authority the project will comprise the forty% to be allocated for office and retail use and 25% areas that are designated for residential use as well as the% that will be assigned to residents of housing. The development will comprise of 250 apartments open for purchase.
In accordance with the plan, Newport Tower is being constructed to convert into an apartment easy to access offices, retail stores as in addition to residences. The apartments currently available to leasing up to The Fuji Xerox Towers have been removed on the 1st day of July in 2021. The Group plans to tear down the building prior to starting the construction of the development.
To resolve traffic or transportation issues, Newport Tower (formerly Fuji Xerox Towers) is simple to access via The Tanjong Pagar MRT Station as well as numerous bus stops that are situated within The tower. In addition, MRT stations close to the tower comprise Downtown MRT station Telok Ayer MRT station and Raffles Station on The MRT. The property is located in Singapore's finest mixture of cultural and historical structures. The brand new property is located in Tanjong Pagar, the first property situated in Singapore that is part of National Conservation Strategy of Singapore. Singapore. National Conservation Strategy.
Newport Tower is situated near three MRT station. They are located along three trains. They provide the convenience of accessing Singapore's Central Downtown Core Downtown Core, Downtown Core Downtown Core, Downtown Core Downtown Core, Downtown Core, the CBD Downtown Core, Downtown Core and any other place which requires direct transportation to be accessible from Singapore.
The central portion of the well-known Tanjong Pagar, Newport Tower is situated in 1-1.5 mile of education facilities in good state of repair. There are schools like Cantonment Primary School, Outram Secondary School, Catholic Junior College.
LIFESTYLE - EXPERIENCE & GET MORE
At any time, Tanjong Pagar satisfies many needs. The enclave is a vital move in the right track, but it is also a benchmark for excellence in the field of culture. Amusement parks plentiful, including entertainment parks. There are cafes along the sidewalk, as well as restaurants serving exquisite food on the tops of food courts inside malls, bars and boutiques inside markets, boutiques, and theaters within malls and markets that feature outdoor performances and gardens, in addition to things to do that are unique from other urban zones. Imagine this happening in your backyard home.
CDL announced that they have submitted their idea to their proposal to the Urban Redevelopment Authority to redevelop the office building that has 38 floors in the Fuji Xerox Tower into the new development, which is dubbed Newport Residences. The concept is like plans for the building of 7 floors of office space and a mall that will be connected for commercial Central Mall located at Havelock Road. Two properties could be suitable for additional space in the property due to incentives provided from the federal government.
The well-known fact is that CDL plans to increase the rate of growth of commercial buildings that are older and are located in the business area of central Singapore due to the spread of COVID-19. This could have negative consequences for the performance of the company's financials during the first month of the second half of the calendar, as well as at the start of the calendar year.
Based on the most recent data available Newport Tower (formerly Fuji Xerox Towers) is planned as a mixed-use commercial, residential residential and also an inhabited residential structure that is serviced, covering 6,50,000 sq ft. Newport Tower is Newport Tower is 25% larger than the previous structure built by GFA as compared to the office building that was that was constructed on the site.