All About Raj News Express

Live a Luxury Lifestyle at Newport Residences a joint venture by CDL and MCL

Aug 7

Newport Residences will be the first executive condominium development located in the newly-established forest townof Tengah Garden District. The project is located within the Tengah Garden Walk of District 24. The triangular parcel of land is 22.020 acres. It also covers the total area of 61,659 square meters. The site within which Newport Residences EC sits was heavily contested at the time of the closing of the tender in the month of May in 2021. The highest bidder was Taurus Properties (SG) Pte. Ltd. A joint venture of CDL MCL and CDL MCL was selected to win the contract in exchange for the highest bid of $400.32 million, which is equivalent to $603 for every square foot of parcel (psf in relation to plot ).

Newport Residences is according an analyst that it will cost between $1,190 to $1,250 per square foot in relation to the proximity of to the Jurong Innovation District and the new MRT stations located within the vicinity. Newport Residences EC developed by developers CDL along with MCL will developer approximately 600 housing units, with extensive landscaping to blend into the natural landscape of the Jurong Innovation District.

Newport Residences EC will comprise twelve towers, each with 14 stories, which will house 3 to 5 bedroom homes, which is suitable to the vast majority of families needs. Additionally, there is many facilities located within close proximity to that are within the Newport Residences EC and will be made available in the coming years. Residents will be able to a polyclinic, community centre for the bus interchange, and sports centre , as well as additional. As it's a brand new district it is located within 2km of Shuqun Primary School which is the sole school in the area as well as Princess Elizabeth Primary School. There are twelve parcels designated for educational use to serve those who live in the precinct.

This is the first Executive condominium among the five proposed in The Tengah Garden District, Newport Residences is certainly an exciting project that many people are eager to purchase.

Newport Residences is the most modern and contemporary integrated development, which was transformed earlier in the form of Fuji Xerox Towers, by the well-known developer City Developments. City Developments (CDL ). The development is expected to include apartments, offices and offices that are serviced with office space and retail. The proposed development would be an integrated mixed-use development comprising 46 levels. As long as the authority's approval is granted, and the approval is given is granted, it is expected that the forty% will be allotted to office and retail purposes, while the remaining 25% units will be served with another 35% will be utilized for residential use. There are 250 units will be available to purchase.

Newport Tower is located in an 80 Anson Road, surrounded by four roads. These include four roads, including Tanjong Pagar Road, Bernam Street, Keppel Road and Anson Road.

Living In the In The Heart Of The Most Unique Comfort Experiences

According to plan, Newport Tower is being constructed to become a residential and serviced apartment, along with retail spaces and offices. The units leasing within The Fuji Xerox Towers have been removed on the 1st of July 2021. The Group is moving to dismantle the building prior to the development process of redevelopment.

In terms of transportation and traffic, Newport Tower (formerly Fuji Xerox Towers) is easily accessible via The Tanjong Pagar MRT station and a variety of bus stops that are in close proximity to the tower. Other MRT stations within the vicinity include Downtown MRT station Telok Ayer MRT station, and Raffles Place station of the MRT. This property is situated in Singapore's most prestigious mix of historical and cultural amenities. The new property is located within Tanjong Pagar, the first property situated in Singapore that was included in the National conservation strategy.

Newport Tower is located close to three MRT stations which are situated on three different trains for easy access to downtown core, the CBD Downtown Core, Downtown Core, and everywhere else you're required travel to from Singapore.

education and SCHOOL schools

The center of the famous Tanjong Pagar, Newport Tower is within of a 1-1.5 km distance of schools with a good reputation. There are schools like Cantonment Primary school, Outram Secondary School, Catholic Junior College.

LIFESTYLE - EXPERIENCE & GET MORE

In any moment, Tanjong Pagar satisfies many needs. The enclave isn't just a step to the right path, but sets the benchmark in terms of of culture. It's an entertainment and amusement park. It's filled with sidewalk cafes aswell in fine dining establishments, at rooftops, shopping boutiques, malls, food courts in malls, markets bars and markets Proscenium cinemas, theatres with open-air shows and walkways, as well as gardens, and haunts that are a cut above any other location in the metropolis. Imagine all this happening in your own backyard.

RELAXING AND RENEWING

Swim in the water 50m lap pool is inviting you to take a dip.

Live your life to the fullest with waterscapes that extends from The Swimming Pool to the Spa Pool. In there, you'll discover The Garden Dining Pavilion and Gourmet Function Room.

Luxury LIFESTYLE

Join in intimate gatherings with family members and friends from the heart.

If you'd like to host a more intimate celebration, invite your guests to sit down at your Club House, which overlooks all the pools that include The Viewing Deck, Lounge Deck and two gorgeous Swimming Pools.

CDL revamp of the 38-story Fuji Xerox Tower office building to Newport Residences

CDL announced that it had submitted an idea that it presented to the Urban Redevelopment Authority to redevelop the office building of 38 stories Fuji Xerox Tower into the new project dubbed Newport Residences. At the same time, the plan also includes a seven-storey office structure and a retail mall Central Mall located on Havelock Road. Both properties could be eligible for an increase in amount of land through incentives offered by Government.

It is well-known that CDL plans to increase the development rate of its old commercial buildings in Singapore's central business district following the outbreak of COVID-19, which has had a negative impact on the group's net profit for this first period of six months of the first half of the year.

Based on the most current information, Newport Tower (formerly Fuji Xerox Towers) is planned for mixed use commercial , residential and serviced apartments building with 46 floors and covering 650,000 square feet. The new structure will have 25% more GFA than an office building which is located situated on that site.