This is not an advertisement for sales. Project is pending for approval from authorities.
Normanton Park, a new and upcoming condo at the former site of Normanton Park, off Ayer Rajah Expressway (AYE), is located in the Central-West Region of Singapore. Normanton Park, under Queenstown Planning Area, is located beside Singapore Science Park, a vibrant business hub and is well connected to One-North Business Park with development of Fusionopolis, Biopolis and Mediapolis and west of Harbourfront Centre. The world renowned National University of Singapore (NUS), National University Hospital (NUH) and Alexandra Hospital are reachable within 5 minutes. The developer, Kingsford, would like to remain the name of this upcoming development in this lovely location, as Normanton Park.
In addition to this vibrancy, Normanton Park is also sitted next to the vast nature of Kent Ridge Park. At Kent Ridge Park, residents can enjoy the family walk to Hortpark and Telok Blangah Hill Park. It is off Science Park Drive and can be easily accessed by South Buona Vista Road, where the Kent Ridge MRT Station is located.
Normanton Park has a huge site area of 661,005 square feet of land and will house 1,864 residential apartments, 16 terraces and 8 shops. The development has a total of x blocks of storeys. Wtih unobstructed view offered by apartments sitting on expansive grounds at Normanton Park, homeowners can look forward to homes with awe-inspiring views of Kent Ridge Park or of the sea.
This is not an advertisement for sales. Project is pending for approval from authorities.
**06th January 2019- Normanton Park
**06th October 2017- Normanton Park, was sold for S$830.1 million, with addition of S$231.1 million to top up lease and S$283.4 million, in extra Government charges for intensifying the piece of land, this translates to a land rate of S$969 per square foot per plot ratio
Pricing for New Normanton Park
1 Bedroom from
1 Bedroom+Study from
2 Bedroom from
2 Bedroom Premium from
2 Bedroom+Study from
3 Bedroom from
3 Bedroom Premium from
4 Bedroom from
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5 Bedroom from
Terrace Houses from
An overview on Why Buy Normanton Park New Condo
- Nearby to Kent Ridge MRT Station
- Direct to Marina Bay when Circle Line completes by 2025
- Nearby to Business Hubs and Renowned Educational Institutions
- Short drive to Central Business District (CBD) and Marina Business Financial Centre (MBFC)
- Highly sought oasis within the pictureque beauty of the lush natural environment
- Indulgence of fabulous facilities
- Smart home technology that includes
View Unit Prices and Available Units HERE
Where HOME is a RESORT DESTINATION
Normanton Park New Condo- Comprehensive and Functional layouts
Normanton Park New Condo floor plans are expected to be comprehensive and space efficient. Unit mixes is wide ranging from the more compact and popular 1 Bedroom and 2 Bedrooms for single professionals and young families start-ups and investors. There are also larger units for the home stayers from 3 Bedrooms, 4 bedrooms and 5 Bedrooms and Penthouses. The units will have very roomy layouts which will create a perfect ambience many years for the residents.
Normanton Park New Condo will be constructed with full facilities, modern fittings, elegant furnishings, and dashing interior and exterior decors. Single professionals and families will like this development as has classy interiors which wil be blend well with good features and present a smart-vibre living. The units in New Normanton Park are North-South oriented to maximise the brightness of the apartments and also, bring better breeze to the units, this enhance the energy efficiency for the residents. The living room shall receive strong walls and high ceilings. As for the bedrooms, extra attention shall become placed on natural illumination, bathrooms, closets, drawers, and their entire ambiance. Each room exhibit a relaxing atmosphere and privacy to ensure that its occupants have the most-deserved dwelling place for themselves.
With a huge land size, there will be a gymnasium for residents daily run cardio, a big standard size swimming pool for those who like swimming, BBQ area, dining area, clubhouses and elevated decks for families to hold functions and gatherings with family and friends, a tennis court due to its huge land size and definitely. The architecture was designed and crafted to utlilise views it offers while outdoor spaces connect the building to the elements of nature. The towers are designed with full-height glass exteriors to maximise stunning views of the surroundings, standing out against the skyline and a beautiful landscape for New Normanton Park residents to feel welcome when returning home.
The site’s landscapes are dazzling due to the presence of footpaths created alongside greenery gardens. They complement the condo’s exterior decor and amplify the environment within.
New Normanton Park Condo- Connectivity
New Normanton Park is conveniently located. There is easy link for those who are driving to Centre which seamlessly connects them to the Ayer Rajah Expressway (AYE). Future residents of New Normanton Park can also connect to the Central Expressway (CTE). It will take approximately 5 minutes’ of driving to get down to the Central Business District (CBD) from New Normanton Park. It will take approximately 7 minutes’ of drive to get to Orchard Road Shopping belt.
The nearest MRT Station from Normanton Park is Kent Ridge MRT Station, serving the Circle Line (CRL), which is approximately 1km away. It is:
1 MRT Stop to One North MRT Station (Circle Line)
2 MRT Stops to Buona Vista MRT Interchange (Circle Line and East-West Line)
3 Stops to Holland Village MRT Station (Circle Line)
5 MRT Stops to Botanic Gardens MRT Interchange (Circle Line and Downtown Line)
5 MRT Stops to Harbourfront MRT Interchange (Circle Line and North-East Line)
New Normanton Park Condo- Developer
The Kingsford is a well-established property firm within China and Hong Kong. Just mention Kingsford, many will be thinking of the ultra-luxury residences like Kingsford Waterbay and commercial developments within Asia. Having been branded as a quality and reliable enterprise, the brand name was set up in Hong Kong, by Kingsford Investments.
The group comprises of many subsidiaries, having vast property businesses and experiences with development, management and manufacturing. Having been known as a company with unique management, operations and development models, Kingsford Development is being recognised internationally as a iconic household brand.
In 2000, Kingsford moved into real estate and have successfully developed millions in square metres (sqm) of prestigious residential and commercial projects in China. Having a tagline: ‘A Trusted Builder On Solid Foundation’, it’s no wonder why people regard Kingsford as a symbol of quality and trustworthiness. Striving on, Kingsford promises to maintain their superiority and credibility, as a professional team with distinctive business management philosophy.
The most recent completed developments in Singapore by Kingsford include Waterbay in Upper Serangoon View and Hillview Peak in Hillview Avenue.
Kingsford is proud to present you another of their quality condo development in Normanton Park. With its excellent accessibility to Central Business District (CBD), Marina Bay and other business hubs, vast greenery of nature, Kingsford is confident that this new residential site at former Normanton Park, New Normanton Park will make an excellent choice for home owners.
Project | Normanton Park Condo |
Developer | Kingsford Huray Development |
Location | 1 Normanton Park (Queenstown Planning Area) |
District | 05 |
Tenure | 99 years leasehold |
Site Area | 61,408.9 square metres/ 661,005 square feet |
GFA: | 1,388,099 square feet |
Plot Ratio | 2.1 |
Expected TOP Date: | |
Total Units | 1,864 residential apartments |
Total Carpark | |
Development | Private Condo comprising of communal facilities |
Unit Type: | |
Architect | |
Eligibility | SC, SPR and Foreigner can buy (No restriction) |
Normanton Park Condo Unit Mix Distribution | |||
---|---|---|---|
Unit Type | Type | Area (Square Feet) | Total No. of Units |
1 Bedroom | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
4 Bedroom | TBA | TBA | TBA |
5 Bedroom | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
Normanton Park Condo Facilities | |||
Normanton Park Condo Price List | |||
---|---|---|---|
Unit Type | Area (Square Feet) | Pricing | PSF |
1 Bedroom | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
4 Bedroom | TBA | TBA | TBA |
5 Bedroom | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
Normanton Park Condo which has a huge land size of 661,005 square feet, is located in the District 05, along Normanton Park, off Science Park Drive, which residents can travel to reach Kent Ridge Mrt Station, serving the Circle Line. South-West of Normanton Park is Kent Ridge Park, where there are the low-rise reisdential estate of Pasir Panjang. Kent Ridge Park can be accessed by South Buona Vista Road. Travelling along Portsdown Avenue via Portsdown Flyover, on the North-East of Normanton Park, residents will reach Queensway amd Alexandra Road.
Normanton Park is located next to Singapore Science Park and also well connected to One-North Business Park with the developments of Fusionpolis, Biopolis and Mediapolis. It is also next to the vast relaxing nature of Kent Ridge Park.
Category | Important Amenities Near New Condo at Normanton Park | Approximate Distance |
Train Stations | Kent Ridge MRT (CC24)
Haw Par Villa MRT (CC25)
Pasir Panjang MRT (CC26)
|
1km 1.1km 1.2km |
Bus Stop | ||
Supermarkets |
|
|
Shopping Malls | Anchorpoint Shopping Centre West Coast Plaza Harbourfront Centre |
1.6km 3km 4km |
Education Institutions | Preschool | |
Primary | ||
Secondary | ||
Junior College | ||
Anglo-Chinese Junior College (ACJC) | ||
Tertiary | ||
Management Development Institute of Singapore (MDIS) National University of Singapore (NUS) |
||
International | ||
Global Indian International School (Queenstown Campus) ISS International School Tanglin Trust School |
||
Food Centre | Mei Chin Road Block 159 Market Commonwealth Avenue Block 40A Food Centre ABC Brickworks Food Centre Alexandra Village Food Centre Tanglin Halt Food Centre Tanglin Halt Road Block 48A Market and Food Centre Commonwealth Crescent Market Redhill Lane Block 79 Market Redhill Lane Block 85 Food Centre Bukit Merah Central Block 163 Food Centre |
|
Lifestyle | Queenstown Stadium Queens Townclub Temasek Club Delta Sports Complex Tanglin Public Golf Course Telok Blangah Hill Park Hortpark Singapore Botanic Gardens |
The Facilities and Site plan of Normanton Park, are currently seeking approval from relevant authorities.
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New Normanton Park sits between Ayer Rajah Expressway (AYE) on its North-East facings, Kent Ridge Park and Southern Ridges nature reserve on its South-West facings.
Towards to South-East of the site is Alexandra Park, with lots of greenery and the cinserved, heritage Black and White bungalows, nestled among the trees which portrays the old colonial styles.
Towards the North-West is Science Park, with a low and mid-rise buildings for technology centres and research instituitions.
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Normanton Park is a new condo, retaining the former privatised Normanton Park, which was sold to Kingsford. for $660.1 million. The sale price, with an additional lease top-up premium estimated at S$231.1 million payable to the state to top up the lease to a fresh 99 years, and differential premium of approximately S$283.4 million to redevelop the site to a gross plot ratio (GPR) of 2.1 based on the maximum permissible Gross Floor Area (GFA) of approximately 1,388,099 sq ft, translates to a land price of approximately S$969 per square foot per plot ratio (psf ppr). With the inclusion of a 10% bonus balcony and a proposed plot ratio of 2.31 (2.1 + 10% balcony), the land price works out to approximately S$923 psf ppr, subject to the authorities’ approval.
Developers are in the business of building houses for people, they want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. If we look at a property parts the most expensive component will be the land, followed by the construction costs. Add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.
Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $350 psf for a condominum.
Add them all up and we will arrive at the estimate launch price.
Land Cost: S$923psf ppr
Construction Cost: S$350 psf
Marketing expense: S$200 psf
Profit margin: 20%
Estimated launch price: S$1767 psf
At Kent Ridge Park, residents can enjoy the vast greenery of Kent Ridge Park with countless trees, shrubs, open spaces, 280 metres canopy walk, dragon fly pond and many more.
At Kent Ridge, residents can also walk to other Southern Ridges which consists of Mount Faber Park, Telok Blangah Hill Park, Hortpark and Labrador Nature Park.
There are many business developments surrounding Normanton Park. Singapore Science Park is sitted besides One Normanton Park and a short drive is One-North Business Park, for R&D and high technology cluster comprising of Bio-medical sciences, infocomm Technology and Media industries. And along Depot Road is Mapletree Business City at Pasir Panjang Road
The vision for one-north is steadily becoming reality as world-class research facilities, business parks and commercial spaces continue to be developed here to provide quality business spaces and to support activities in biomedical sciences, physical sciences, engineering, infocomm technology and the media industry.
The development of Nepal Hill, planned as a leadership training and development hub, is also progressing well. Four Acres Singapore, the first global leadership development centre outside of London for the global conglomerate Unilever, opened this year.
Major industry names like Procter & Gamble, Lucasfilm, ESSEC Business School and MediaCorp have also committed substantial investments to develop their own facilities, which will contribute to the flourishing of the research and business communities at one-north when completed.
After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current en-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Singapore’s growth has outpaced many developed economies, at over 3%, while most developed economies are managing 2.3% on average.
There were 22,076 new citizens in 2017, the second-highest number in the last 11 years. The permanent resident (PR) figures, meanwhile, remained stable over the past year, at 522,000. In 2017, 31,849 were granted PR status.
Upside Potential
After the transformation of the Marina Bay and Marina South area to the glittering commercial and leisure landmark it is today, perhaps the next definitive project on Singapore’s roadmap is the Greater Southern Waterfront master plan. Works are in progress to move the port from Keppel and Pasir Panjang to Tuas in stages. Precious waterfront real estate will be freed up, setting the stage for the construction of a seamless southern belt where commercial and recreational activity operate as one cohesive whole.
Given that the Greater Southern Waterfront is likely to lead to a property renaissance in areas such as Pasir Panjang, Normanton Park could benefit from a potential uplift in prices.
Other factors that are likely to contribute to capital appreciation include the Circle Line extension that’s set to connect Harbourfront Station to Marina Bay Station by 2025. Residents in Normanton Park can look forward to having an even more direct connection to the Central Business District (CBD) and Marina Bay financial district (MBFC).
Since Normanton Park new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.
After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Normanton Park new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.
Buying a Normanton Park condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Normanton Park is newly launch, but you will have to act fast because condominiums sell out pretty fast.
This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.
The developer’s marketing team will enlighten you regarding the all the particular details of Normanton Park such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.
Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Normanton Park in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.
But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Normanton Park is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Normanton Park also offer much better facilities than any other resale property.
Investing in a unit in Normanton Park newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.
If you wish to visit The Kingsford Normanton Park Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.
No Agent Fees! Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Normanton Park Condominium.
Get in touch with Normanton Park Developer Sales Support Team.
It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Normanton Park units today!
Normanton Park Showflat is located along ................
Tastefully designed to maximise the usability and efficiency of the size, the geographical location, seek to attract many potential home seekers and upgraders to make Normanton Park their dream home.
Do register early to book your Normanton Park Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.
Buying of properties is a long term commitment and therefore financial plans need to be accessed in details. This include the figures in relation to the downpayment. The amount of loan that a buyer is able to get is determined by his income as well as his current financial obligations.
The Government has introduced the Total Debt Servicing ratio (TDSR) and restricts the amount for the buyer. The maximum loan quantum that is available for buyers will be 60% of his income which include car loans, tuition loans as well as any existing property loan that the buyers are currently servicing. Therefore, it is noted that calculation need to be done on the maximum loan amount that can be granted to buyers after all the financial obligations have been singled out.
4 Simple things to take note before visiting Normanton Park Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Normanton Park Condo
2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment
3) Are you affected by the TDSR? You will need to know the bracket which you are in
4) For the actual launch date, you will need to understand on how the balloting system works
Register Early to keep yourself update on the latest information pertaining to New Normanton Park. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
SINGAPORE: Normanton Park has been sold to Kingsford Huray Development for S$830.1 million, the latest in a flurry of en bloc sales sealed this year.
The collective sale price, which translates to a land price of approximately S$969 per square foot per plot ratio (psf ppr), is the highest land rate for a 99-year leasehold collective sale site this year, said marketing agent Frank Knight in a news release on Thursday (Oct 5).
Each home owner will stand to receive about S$1.68 million to S$1.86 million.
Kingsford will have to fork out a premium of about S$231.1 million to renew the lease for another 99 years, and top up about S$283.4 million to redevelop the site to a gross plot ratio of 2.1.
A public tender was launched on Aug 22 and closed on Oct 5, and 87.3 per cent of the owners have consented to the sale.
The gross development value for the Normanton Park site is estimated at S$2.23 billion, said Mr Ian Loh, executive director and head of investment and capital markets at Knight Frank. The new high-rise development could potentially house more than 1,200 new residential units of 100 sq m.
“New homeowners can potentially enjoy lush greenery views and unblocked views to the city,” Mr Loh added.
Normanton Park, a former government housing project located off Ayer Rajah Expressway, was originally built in the mid-1970s for military personnel and their families. The 40-year-old development has 13 residential blocks of 488 apartment units with a site area of 61,408.9 sq m.
“We could not have done it without the support of the majority of owners. The sale committee thanks them as well,” said Mr Sukhvinder S Chopra, chairman of Normanton Park sale committee and a retired colonel from the Singapore navy.
Source: ChannelNewsAsia 4th October 2017
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