Newport Residences freehold is a mixed development which is the redevelopment of the old Fuji Xerox Tower which is being renovated by the world-renowned developer CDL, the City Development Limited(CDL). Newport Residence has its unique separate site located in Tanjong Pagar which is bounded by Anson Road, Bernam Road Tanjong Pagar Road and Keppel Viaduct.
The property is located in the central Downtown region, Newport Residences is situated close to the planned Prince Edward Road station(Circle Line) which is approximately 200 metres or a 3 minute walking distance.
A bonus is that Tanjong Pagar station(East West Line) is only 6 minutes’ walk from the hotel.
Newport Residence is located within the Greater Southern Waterfront planning zone and will likely benefit from the coming changes that will boost not only it’s value Newport Residence but of Singapore.
In the context of URA’s Masterplan plan to transform the Shenton areainto an international hub of activity, CDL will be redeveloping the site in the framework of the federal government’s CBD incentive program. With the benefit of first mover the site is well worth looking into for your own to stay as well as investment reasons.
The Newport Residences has a land area of 57.949 sq ft with an actual percentage of plot 6.16.
In-principle approval was also obtained for a renewal of the 99 years leasehold title to the site.
The 40% will be devoted to retail and office purposes, 35% for residential use and 25% for apartments that are serviced.
It will consist of 1 tower with a 45-storey service apartment and 256 residential apartments , and 9 storey podium office with carparks in the basement and common amenities.
The architect who is responsible for the project will be ADPP Architects while the principal architect is Nikken Sikkei. According to Mr. Tang Kok Thye, an associate partner of ADDP, “80 Anson Road will be an unprecedented development that is integrated in Singapore that has four distinct parts within a single building”.
Newport Residences Developer
City Developments Limited (CDL) is a leading international real estate firm with an international network that spans 104 locations across the 29 regions and countries. It is listed at the Singapore Exchange, the Group is among the top companies in terms of market capitalization. Its income-stable and geographically-diverse portfolio comprises residences, offices, hotels, serviced apartments, shopping malls and integrated developments.
With a experience of more than 55 years of real property development, investment and administration, CDL has developed over 48,000 residences and owns more than 23 million square feet floor space in commercial, residential, and hospitality properties across the globe. The company’s land bank, which is diversified across the globe, has 3.3 millions square feet of land.
Beyond creating skylines through iconic architectural designs, CDL has transformed Singapore’s built environment through many award-winning green buildings. Over the past two decades, CDL has embraced its philosophy of “Conserve as we Build” and has invested in revolutionary innovations that have been the key to enabling of efficiency in resource use and productivity.
CDL have established themselves as an industry leader in the field, and is constantly awarded new awards for its impressive green structures. In the Building and Construction Authority (BCA) Awards 2021, CDL has emerged as the only developer to receive with the Quality Excellence Award – Quality Champion (Platinum) for the past nine years. This award is given to the top progressive developers and construction companies for their dedication and accomplishment in the delivery of superior quality homes by utilizing high-quality workmanship and quality assurance programs. In the BCA’s online tool, ‘Search for High-Quality Housing’ CDL was named the most prestigious developer and was recognized for its superior standard of quality workmanship.
Different types of units are available for different homeowners and investors to cater to the different requirements and needs. Homebuyers are looking at a high-end and efficient layout home.
If you’re looking to take in an idyllic and serene setting within Tanjong Pagar, there is plenty of green space and fantastic places to play in walking distance. The gorgeous Newport Residences are just about 900m of Telok Ayer Park. Tras Link Park, Ann Siang Hill Park, Duxton Plain Park as well as Spottiswoode Park are some of the parks that are located within the vicinity.
In terms of meals, Newport Residences residents can select from a variety of cuisines. From the stunning Newport Residences it is possible to stroll to the most popular restaurants. They are also great for expats since they serve cuisine from all over world, including within the region and other countries.