Newport Residences

New Freehold Mixed Development – Newport Residences

As the property market in 2024 welcomes nearly 40 new launches, Newport Residences, a new freehold mixed development, is also scheduled for its official launch.

This modern mixed development comprises residential, service apartments, offices and commercial components. It is a redevelopment project by City Developments Limited (CDL). This building is also formerly known as Fuji Xerox Towers, a commercial office building with 38 floors completed in 1987

Strategically located at 80 Anson Road, this freehold development aims to set a new standard of luxury in the new launch market. It’s likely the only freehold new launch in Singapore’s Downtown Prime Districts 1 & 2 for 2024. A luxury project launch in Core Central Region (CCR) will naturally attract attention from property market watchers, especially after the hefty increase in Additional Buyer’s Stamp Duty for foreign buyers.

 

Property Market Sentiments

Since 27 April 2023, the Additional Buyer’s Stamp Duty for foreigners purchasing residential property in Singapore has doubled from 30% to 60%. Historically, the Core Central Region (CCR) has been a preferred choice for foreign buyers. However, interest from foreigners seems to have slowed down based on figures from 2022 and 2023.

Nevertheless, given the scarcity of rare freehold luxury mixed developments surrounded by amenities and future growth potential, this new launch in 2024 is expected to generate significant interest in the market.

 

URA Rejuvenation Incentive: Central Business District (CBD) Incentive Scheme

As global trends shift, the way people work, live and play is changing, emphasizing the need for Singapore to attract talent worldwide. Business districts like Marina Bay and the Central Business District (CBD) must evolve into more appealing destinations.

The government is encouraging the redevelopment of predominantly office developments that are at least 20 years old, in selected areas. To introduce more residential options and amenities into the CBD district. This transformation supports the CBD’s evolution into a 24/7 mixed-use district, providing not only workspaces but also living and recreational opportunities.

To qualify for Central Business District (CBD) Incentive Scheme, the developments must meet minimum site area requirements and other criteria. The selected areas include Anson, Cecil Street, Robinson Road, Shenton Way, and Tanjong Pagar.

City Developments Limited (CDL) previously obtained approval for another URA incentive, the URA Strategic Development Incentive (SDI) Scheme for their joint redevelopment project with CapitaLand Development at CanningHill Piers.

 

Iconic Luxury Mixed Development – Newport Residences

Newport Residences is situated in Prime District 2 of Singapore and nicely faces the future Great Southern Waterfront. This iconic new freehold development will be proudly designed by Nikken Sekkei Ltd. A globally renowned architectural firm known for projects like the Shanghai Greenland Center, One Za’abeel in Dubai, Tokyo Skytree and the Singapore Rail Corridor Masterplan. The construction is led by the esteemed Woh Hup (Private) Limited.

Named Newport Plaza, this 45-storey development houses Newport Residences from Level 23 to Level 45, comprising 246 luxurious residential units. Offering various bedroom options including 1, 2, 3 and 4 bedrooms. The only super penthouse spanning approximately 12,960 sqft is on Level 45. New concept serviced apartments will be occupying the lower levels, from Level 10 to Level 22. The restaurants (F&B) and offices, the Newport Tower, are on Level 1 to 9.

 

Building Concept

This new development employs a Biophilic Design concept that integrates lush greenery into the building. It is to create a green oasis amidst the towering concrete and glass structures of Anson Road in the CBD. The cascading gardens at various levels provide numerous breakout spaces for residents and office workers within Newport Plaza. At the same time, it also mitigates heat effects and reduces solar heat gain within the building.

 

Newport Residences – Location Map

Well-Connected Transportation

Within a 600m radius, there are three MRT stations nearby. They are Prince Edward (Circle Line), Tanjong Pagar (East-West Line) and Cantonment (Circle Line) station. The closest is the upcoming Prince Edward station (Circle Line), just a 3-minute stroll away. Additionally, various public bus routes, such as Bus No 80 and Bus No 145, are readily available in the area. Moreover, this prime location offers easy access to nearby expressways like the MCE, AYE, and CTE, as well as main connecting roads like Keppel Road and Anson Road, all conveniently situated nearby.

Newport Residences feature two entrances: a main entrance leading to the three-level basement parking of Newport Plaza via Bernam Street, and another entrance for pickup and drop-off on Anson Road.

Each residential level is serviced by three passenger lifts, offering residents starting from Level 23 stunning views of the sea or city from the unique triangular tower-form building.

 

Newport Residences – Site Plan

 

 

Eye-Catching Facade with Luxurious Facilities

The development boasts cascading features, curved lighting around the building facade, and natural greenery within. The building facade lighting is controlled by dimmable controls, allowing adjustment from cool to warm colors, making it an unmistakable landmark in the area.

At approximately 200m above ground, the Newport Sky at Level 46 is a triple-volume roofscape housing luxurious facilities for Newport Residences, including the Sky Club, Sky Lounge, Sky Pool, Steam Room, and Sky Gourmet with BBQ Grill. Residential-focused services are available daily at the Residential Lobby and Sky Lounge. Offering transportation arrangements, concierge recommendations, facility reservations and parcel acceptance. Ad-hoc services such as laundry, housekeeping, private chef/caterer hire, and handyman services, subject to individual charges.

Club Vista at Level 34 features Vista Gym, Vista Lounge, Vista Gourmet, and Vista Co-Work Lounge, with residents enjoying magnificent sea views while working out in the gym or winding down in the lounge. Private dining gatherings can be reserved at either the Sky Gourmet (Level 46) or Vista Gourmet (Level 34). Lifestyle gardens are also available at Level 25, Level 29, Level 37, and Level 41.

Newport Residences offers luxurious units equipped with home appliances controlled by the Smart Home System. Providing contactless security and features such as Smart Booking, Smart Invitation, and Smart Intercom. Each household is provided with designer kitchen appliances, branded bathroom fittings, and wares.

Newport Residences is Singapore’s first private residence and mixed development to achieve the prestigious BCA Green Mark Platinum Super Low Energy Awards.

 

Details of Newport Residences

Project Name	Newport Residences
Developer	Hong Leong Properties Pte Limited (A wholly owned subsidiary of City Developments Limited)
Address	80 Anson Road
District	02
Tenure	Freehold
Land Size	Approximately 54,802 sq ft
No Of Units	246
No Of Block	1 Block of 23 to 45-Storey Residential Component with basement car parking
Unit Types	1 Bedroom: 431 - 495 sq ft 1 Bedroom with Study: 581 sq ft 2 Bedroom: 646 - 753 sq ft 2 Bedroom Premium: 689 - 710 sq ft 2 Bedroom Premium with Ensuite Study/ Study: 818 - 926 sq ft 3 Bedroom: 980 sq ft 3 Bedroom Premium: 1,206 sq ft 3 Bedroom Premium with Study: 1,227 sq ft 4 Bedroom Premium: 2,067 sq ft Super Penthouse: 12,960 sq ft
Expected Vacant Possession	2030

 

Newport Residences – Price Guide

Do feel free to contact us for the latest price guide and developer’s promotion at +65 9137 4668.

 

Newport Residences – Floor Plans

 

For More Information

For more information on Newport Residences, reach out to us at +65 6100 4668 or +65 9137 4668 today.

Other nearby new launches that you might be interested in:

• CanningHills Piers
• Boulevard 88