All About The Concrete Daily

The Forest Town has great potential and will offer fresh experiences for future residents of Newport Residences EC

Jul 19

Newport Residences gls executive condominium (Now named Copen Grand EC) is the first Executive Condominium (EC) located in Tengah Garden Walk. Taurus Properties (SG) was the highest bidder of the seven bidders for this exclusive site. Taurus Properties is the Joint Venture of CDL Development Limited (CDL) and MCL Land.

City Developments Limited is a world-wide real estate company with a significant presence across more than 104 cities as well as 30 countries and regions. It is among the biggest local developers that are listed at the Singapore Exchange. The company has several business portfolios , which include offices, hotels shopping malls and integrated developments, as well as residences with serviced and serviced homes.

MCL Land is a renowned residential developer which is constantly innovating with a focus on excellence and is committed to providing superior satisfaction to its customers. MCL Land believes in offering intelligent home solutions that ensure homeowners can working, living and playing. Over the past half a century, MCL Land has established an image of providing premium high-quality homes in Singapore and Malaysia.

Newport Residences will be their next collaboration EC launch in 2022. Buyers can expect high-end furnishings and appliances with brand names to be included in Newport Residences EC which is predicted to top in 2026.

Newport Residences is the ideal home for families who want to find the perfect balance between working and leisure. The property is situated in the latest Forest Town, Tengah, residents can take advantage of a vast variety of community and sports facilities in the town of. Tengah is the very first HDB town to be built with smart technology that is town-wide, with five distinct districts. The new EC is situated in district 24 at Tengah Garden Walk.

Families can visit nearby malls for shopping like LOT 1 Mall. LOT 1 Mall, which offers unbeatable dining, shopping, and entertainment.

The new executive condominium is only a short drive from Pan Island Expressway (PIE), Bukit Timah Expressway (BKE) and Kranji Expressway (KJE) which is just minutes away within New Port Residences. It is also close to the Tengah Plantation MRT (JE1) station. It will provide more convenience to homeowners and buyers. It runs through Jurong Regional Line Phase 2. The plan is to have it completed by 2028.

To find nearby schools There exist DaZhong Elementary School Jurong Primary School and Princess Elizabeth Primary School. Rulang Primary School as well as Shuqun Elementary School.

The Housing & Development Board (HDB) issued its tender to bid on Tengah Garden Walk EC on 26/11/2020. It received seven bids when the tender closed on the 25th of May, 2021. Taurus Properties Sg Pte. Ltd. was the winner of the tender with a winning $400,3118,000 bid that works out to $603.00psf per ppr (per sq ft of plot ratio). The land area of 22,020.8 m2 or 237,031,89 Sqft will result in 120 residential units spread across 12 towers that will be taller than 14 storeys.

Taurus Properties, a joint partnership of 50:50 of City Developments Limited (CDL) and MCL Land won the tender with a razor-thin margin of just 0.03% compared to the next bid. New Port Residences EC is their second collaboration for 2022 following the success of the takeoff for Piccadilly Grand, which launched on 7/5/2022 . It was sold for the rate of 77% over the course of the launch weekend. On the weekend of the launch, amazing results were evident from the 77% of the building being sold within only two days.

CDL & MCL are looking for another successful collaboration for the Newport Residences EC.

The Newport Residences at Tengah has been designed to be extremely technology- and design-oriented All 639 units are equipped with intelligent home technology, luxurious kitchen appliances, sanitary fittings and an air conditioning system. It has 3 Bedrooms up to 5 bedrooms that will fit families of all sizes.

The brand new EC has areas that are ideal for bonding between families and communities. The homeowners will enjoy an range of lifestyle and wellness facilities in different areas of recreation. The Newport Residents residents are able to book function roomsthat come with the kitchen and dining space in which they can hold culinary gatherings and classes. Additional amenities include tennis courts as well as multiple pools, including a 50-metre swimming pool and a pet's corner. the indoor playroom for children, and a games room that has darts and pool table machine. With the playroom, function rooms and games rooms residents will be able host events and entertain guests of all different age groups.

If you are interested in EC buyers, an additional benefit for first-time buyers is the right to an CPF Housing Grant up to 30K, and the deferred payment schemeis accessible (subject of T&C). Contact us to schedule an appointment to verify EC eligibility, the amount of CPF grant eligible and financial assessment, without obligation.

Newport Residences is the first EC located in Tengah, The Forest Town. Strategically located in the Tengah Garden Walk in District 24. The area was once largely scrubland and forest land and was used primarily as a military training area. Although it is still relatively undeveloped, Tengah, The Forest Town is a great place to live and can provide new experiences to future inhabitants in Newport Residences EC. Tengah is set in lush greenery. It is home to five planned residential areas each one with its own distinct characteristic. It is the world's first "car-free" downtown, offering a secure space for cycling and walking. The residential areas of Tengah will be split into five districts, each having a distinct characteristic. The districts include Garden District. Plantation District, Forest Hill District., Park District as well as Brickland District.

Nature and forest themes will be prominently incorporated into the design and development of the districts as part of plans to incorporate nature into the homes.