Newport Residences condo for sale at Anson Road will be the first executive condominium (EC) located in Tengah Garden Walk. Taurus Properties The company was the top bidder out of seven bidders competing for this executive condominium (EC) site at Tengah Estate.
Taurus Properties are an Joint Venture of CDL Development Limited (CDL) and MCL Land.
City Developments Limited is an international real estate firm with a significant presence across more than 104 towns and over 30 countries and regions. It is one of the biggest local developers that has its shares listed in Singapore at the Singapore Exchange. The company has various portfolios of businesses, which include shopping malls, offices and hotels that are integrated and homes and residential properties and residential structures that are served.
MCL Land is a well-known residential developer that is constantly searching for ways to improve its offerings and committed to delivering the highest degree of satisfaction to its customers. MCL Land believes in providing innovative solutions for homes that make sure that homeowners are able to enjoy themselves at work and play. In the past 50 year, MCL Land has established an image of providing top homes of high-end quality within Singapore and Malaysia. Singapore in Singapore and Malaysia.
Newport Residences is the next collaborative EC release in 2022. The customers are likely to receive top quality kitchen appliances and kitchen finishes as part the New Port Residences ECwhich is expected to hit its peak in 2026.
New Port Residences can be the perfect residence for families who want to achieve the perfect balance between work as well as families. It is located in the most modern Forest Town, Tengah, residents can enjoy a range of community facilities and sports in Tengah which is the city in. Tengah is the first HDB town constructed using the most advanced technology that is available across the town and five distinct district. The brand-new EC is located in district 24 close to Tengah Garden Walk.
Families can visit nearby malls to shop like LOT 1 Mall. LOT 1 Mall is an ideal place for shopping, eating out, entertainment and dining.
The executive residence is a short drive just two minutes from Pan Island Expressway (PIE), Bukit Timah Expressway (BKE) and Kranji Expressway (KJE) which is just 10 minutes of New Port Residences. The property is situated near the planned Tengah Plantation MRT (JE1) station. The station will make it easier for homeowners as well as homebuyers. The line will run through Jurong Regional Line Phase 2. It is scheduled to be completed in 2028.
There are several schools in the area. It is DaZhong Elementary School Jurong Primary School, as and Princess Elizabeth Primary School. Rulang Primary School, and Shuqun Primary School.
The Housing & Development Board (HDB) announced its tender to bid regarding Tengah Garden Walk EC on the 26th November of 2020. It was available to bids of seven and ended on the 25th May in 2021. Taurus Properties Sg Pte. Ltd. was the winner of the auction, winning the bid of $400,3118,000, which is $603.00psf per square feet (per sq plot ). The ratio is ft / plot ).The total area of 22,020.8 meters , or 2,031,89 Sqft will result in 120 housing units, which includes 12 towers taller that 14 floors.
Taurus Properties, a joint partnership made up of 50:50 by City Developments Limited (CDL) and MCL Land won the tender with a price that was in the range of 0.03% compared to the next bid. New Port Residences EC is their second collaboration with MCL Land for 2022 after its success during the launch of Piccadilly Grand, which launched 7/5/2022. The project was sold for 77% during the weekend preceding its debut. The week prior to the launch, the remarkable results can be observed in the reality that seventy-seven% of the development was sold in only two days.
CDL & MCL are exploring a different collaboration that could yield a profit in the near future. Port residents of EC.
The New Port Residences at Tengah is designed to be technologically and contemporary. The 639 units feature modern technology for homes, exquisite kitchen appliances as well as sanitary fittings, air conditioning systems. The residence has or more bedrooms which can accommodate families of all sizes.
The new EC has areas perfect to spend time with loved ones and friends. Residents are able to take advantage of numerous facilities to enhance their wellbeing and enjoy different leisure areas. Port Residences is the most recent addition to the. The residents of Port Residences are able to set aside a space for special occasions that utilize the kitchen and dining area which can be used to host cooking classes and other events. Other facilities include tennis courts as well as numerous pools, including a 50-meter pool that has a pet’s area and the indoor play area for children as well as an area for games that includes darts, as well as game table. The games room, the space for functions as well as the games rooms residents can host events and entertain guests with all ages.
If you’re considering EC buyers, another advantage for first-time buyers is could be an CPF Housing Grant which is in excess of 30K and an option to participate in the Deborred Payment Scheme is available (subject of the T&C). Contact us for an appointment with us to review EC eligibility and the amount of CPF Grant is available , and an evaluation of financial circumstances with no commitment.
New Port Residences is the first EC located in Tengah, The Forest Town. It is situated in it is Tengah Garden Walk located in District 24. It was once an enormous area of forest and scrubland and was used primarily as a military training facility. Although it’s not accessible, Tengah, The Forest Town is a great place for living in, and offer new experiences to those living at NewPort Residences EC. Tengah is surrounded by lush greenery and is home to five residential areas planned each with its own distinct specificity. The town is considered to be the most distinctive “car-free” downtown city in the world, offering a safe place to walk and cycle. The residents of Tengah will be split into five distinct districts each one having its own distinctive particularity. The districts include Garden District. Plantation District, Forest Hill District., Park District and Brickland District.
The theme of nature and forest are a key element when designing and planning of districts in plans to incorporate nature into homes.