The tender from Kopar at Newton came has closed after attracting up to 7 bids. The 125,326 sq feet site’s top bid from CELH Development and Chip Eng Seng Corp was $418.8 million, equivalent to $1,192 psf per plot ratio. A bid from GuocoLand at $417.24 million equivalent to $1,189.97 psf per plot ratio arrived second.
In light of the most noteworthy bid price, speculations show that Kopar at Newton site is probably going to have a break-even cost of around $1,700 psf. This implies that the selling cost of the units could extend anything from $2,000 to $2,100 psf.
With a maximum GFA of 350,914 sq ft, Kopar at Newton site would characteristically be able to build up to 436 condominium units. The site became the first development to be confirmed under the Government Land Sale program.
Kopar at Newton is located in District 09 of Singapore and next to Newton MRT station. The strategic spot makes the development ideal for residents working in Orchard Road, CBD, and surrounding areas. Investors and homebuyers will like it as well, due to its sturdy condo potential.
District 09 of Singapore features some of the most highly demanded properties in Singapore. This is due to its prime location in a residential enclave that features first-class private residential properties. District 09 is the desired extravagance spot because of the convenience this offers residents when accessing amenities and various facilities.
On the off chance that you are anticipating putting resources into a property that is sited in a quiet and serene condition with easy access to the city, then Kopar at Newton is the place. Kopar at Newton enjoys access to a plethora of amenities that make it suitable for comfortable living.
This area has a solid rental potential which makes it a great investment opportunity. In case you are still not convinced, here are some of the key reasons why you should invest in this residential development.
Here are some of the benefits that future residents of Kopar At Newton will appreciate living in the specific location of District 09 of Singapore.
District 09 is located in a center segment of Singapore allowing residents to access other areas of the island easily. Its strategic district makes it a great investment alternative for locals as well as foreigners who desire to live near to the CBD and stay in a cosy environment.
With regards to luxuries like recreation, food, retail, and more, Kopar at Newton is a good position, guaranteeing that inhabitants can get to anything they need inside a couple of moment’s walk. A portion of Singapore's top shopping malls, for example, United Square Shopping Mall and Velocity @ Novena are just at the corner approx. 10 min walk
Furthermore, food destinations and leisure amenities are in masses of supply. Newton Food Centre is much less than 5 minutes stroll from Kopar at Newton. With numerous food spots available to you, you can truly stroll there and get dinner when you don’t feel like cooking or after a late-night outside.
Being next to the CBD means that Kopar at Newton is a marvellous place for residents who work in the CBD. It will take you a couple of minutes to get to the CBD and other neighboring business hubs. The strategic locations entice many residents working around the neighbourhood which potential demands for residential is set to be high, ensuing in high rental income to owners.
Other amenities such as schools and hospitals are inside the vicinity. This makes District 09 suitable for all residents such as singles and families. The availability of quite a few amenities, coupled with an excellent transportation system means convenience is at its best in this area.
Driving inside the area and to different other areas of Singapore is easy in this region. Although MRT’s are a few distances away from Kopar at Newton, future residents will benefit from the superb road transport system. Just right next to your future home in Bukit Timah Road and Kampong Java Road connect to other prominent roads. Transportation is made seamless with the multitude of bus services that connect the area.
Residents who own a vehicle can easily access the close-by shopping malls or business hub through Pan-Island Expressway (PIE) and Central Expressway (CTE). The expressways allow you to drive to any area of Singapore.
With an excellent transportation system comes several benefits. For instance, gaining access to the available amenities made you reach there quicker. The roads link the neighbourhood to different distinguished locations in Singapore, such as Novena, Thomson, Bukit Timah, Orchard, and River Valley.
Access to schools is a factor that every homebuyer or investors considers because it affects the quality of living. Kopar at Newton, being a property in District 09, means it enjoys easy access to schools. The district is packed with some of the top-performing schools in Singapore that will offer quality education to the residents.
Most of the schools are situated right next to Kopar at Newton, and accessing them will take your kids a few minutes walk. Apart from the plenty of choices when picking schools, future residents can forget anything to do with hectic traffic.
Here are some of the schools within the vicinity:
Within the neighbourhood are kindergarten, nursery schools, and childcare centre s, which are easily accessible from Kopar at Newton. Parents living with young kids in this neighbourhood are well covered.
With plenty of shopping options conveniently located from Kopar at Newton, shopaholics will enjoy their stay in this part of Singapore. Most of the malls are within walking distance and are ideal for daily shopping since you will hardly miss anything you need around here and have to travel outside the neighbourhood. Besides, the most famous Orchard Road shopping belt is a few minutes drive away, which adds to your shopping options.
The malls feature amazing dining destinations. Entertainment facilities are available in the malls, supplementing a healthy lifestyle and boosting your shopping experience. Other available amenities include skincare stores, clinics, health food stores, massage studio, fitness centres, and many more. In short, every aspect of your wellbeing and health is offered right at the corner.
Less than 10 mins walk from Kopar at Newton sits the United Square Shopping Mall. If you have kids, then this is the perfect place to head for all your shopping needs. The mall is packed with fun play and learning activities for kids. It has nearly every kid-friendly feature and equipment you can think of. They even have popular enrichment centres and private schools for children.
Across the junction, Novena Square Shopping Mall is a great option too when staying at Kopar at Newton. The mall has multiple stores featuring eateries, sports stores, and other shops. You will find most sportswear here from winter camping to mountain gears from popular brands like Nike, Adidas, Under Armour, New Balance, The North Face, Light My Fire, and many more.
On the ground floor, Cold Storage is there for all your grocery shopping needs. Although it’s a local mall, Novena MRT Station is just at the basement in this mall. You can either travel by MRT, it's just only 1 station away from your home.
Next is the 5 storey mall Novena Square 2 features more than 200 stores that connect to Novena Square, including fashion, IT, beauty and furniture stores. Many people like the mall due to its fast-food options like Jolly Bee & Popeyes and more. As for the restaurants, they have Japanese, Korea, Hong Kong-style, Hot Pot, and much delicious food you can find there. This mall will be a great place for food and beverages. Last but not least, there is NTUC Fairprice at level 4 and Don Don Donki at basement 1.
From Kopar at Newton, a 5 mins drive will get you to Orchard Road. Orchards Road is famous as a shopping paradise. The whole street, which makes Orchard Shopping Belt, is dedicated to shopping. People all over the world travel to Orchard Road for an exciting shopping experience. Along this shopping line, you will find established malls such as Ion Orchard, 313 Somerset, Ngee Ann City, Tang Plaza, Paragon, and many more.
Orchard Road stretches about 2 km and features 3 MRT stops; Somerset, Orchard, and Dhoby Ghaut. When you visit here, walk between the shopping malls and boutiques as you enjoy the one of a kind shopping experience.
Other shopping destinations within the vicinity of Kopar at Newton include Zhong Shan Mall and Goldhill Shopping Centre. With plenty of shopping spots close to your home, it’s no doubt that shopaholic residents will enjoy their stay in this neighbourhood. The availability of malls coupled with an excellent transportation system will ensure that you spend less time traveling to and from malls.
With a variety of 1-5 bedrooms units available, Kopar At Newton caters to the needs of every member of the household. With efficient planning, the internal spaces have been maximised to allow home users to design and plan the use of every room, to create the dream home you have always wanted.
For 360 walk-thus of the showflat, you may click on the following links below: