Newport Residences is a rare chance for homeowners and investors to buy a million-dollar property located in the highly popular Tanjong Pagar area. According to plans, City Developments Ltd will construct a 51-storey mixed development that will include large commercial space, beautiful residential units, and luxurious serviced apartments.
The plot ratio of the Newport Residences is 5.6, however thanks to the CBD Incentive Scheme, it gains 25% more gross floor space, making the plot ratio 7.
The facilities in the development are luxurious and inviting, which is significant in relation to the design. The developer is experienced and has delivered many successful projects, so they know how to create a development that will be popular with residents.
Commercial + Residential
This residential tower comprises of 256 luxurious homes, offices, serviced apartments, and unmatched amenities and facilities. The residential units will occupy 35% of the total space while apartments will take up 25%. The remaining 40% will be for commercial use.
The Newport Tower is located in a vibrant area with lots of shops and restaurants serving the nearby office workers. It’s also just a seven-minute walk from the Guoco Tower, which is an iconic skyscraper with offices, retail, a hotel, and apartments.