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Newport Residences at the Former Fuji Xerox Building
Newport Residences is a new freehold mixed-use development located in the heart of Singapore’s Central Business District (CBD). It is situated at the site of the former Fuji Xerox Towers, which were demolished to make way for the new development. The project is being developed by City Developments Ltd (CDL) and will include residential, commercial, and serviced apartment components. In this guide, we will explore the various aspects of Newport Residences.
Located in the heart of Singapore’s CBD
Developed by City Developments Pte Ltd, Newport Residences is a mixed-use development located in the heart of Singapore’s Central Business District. The development comprises a total of 655,000 square feet of commercial space, including office units, retail shops, restaurants, and serviced apartments.
Newport Residences will include 256 residential units, which will make up 35% of the total development. The units will range from one to four bedrooms and will offer stunning views of the city skyline. The residential component will also include a range of amenities such as a swimming pool, gym, and outdoor dining areas.
The freehold integrated development is located on the site of the former Fuji Xerox Tower office building. The site is between Tanjong Pagar Road and Anson Road. The site is well-connected to major roads, including Keppel Road, Anson Road, and Central Expressway.
The site is near to several shopping malls, including Maxwell Food Centre and International Plaza. The area is also near to many medical centers and clinics. Some of these clinics include Everton Medical Clinic, Shenton Family Members Medical Clinic, Singapore Basic Hospital, and Tanjong Reembolsar Medical Clinic.
The development is also located near several MRT stations. Residents can easily connect to other parts of Singapore using these stations. The nearest MRT station is Tanjong Pagar MRT station, which is on the East-West Line. Raffles Place MRT station is also close by. The area is also part of the city’s conservation plan. This includes preserving the conservation shophouses that are located on the site. The shophouses are architectural witnesses to the dynamism of the site.
Connected to major expressways
If you’re in the market for a sleek new residence, it’s a smart move to opt for the aforementioned nex en. The area is awash with restaurants, bars, and boutiques to troll and is not too far from major expressways. Moreover, there are a handful of notable hotels within spitting distance.
In close proximity to two MRT stations
Generally speaking, homes that are in close proximity to two MRT stations are going to be worth more than those that are not. In fact, according to a study by Huttons Asia, there is a 15 percent increase in home prices in future housing areas that will be impacted by the MRT.
However, a closer look at the report reveals that proximity to an MRT station isn’t as magical as it is touted to be. For example, the study found that homes near an MRT station were not associated with a higher rental yield. In fact, a closer look revealed that the highest rental yields were found in older condominiums.
There are several reasons between proximity to an MRT station and property values. For starters, the station is at eye level of train passengers. Additionally, many MRT stations are equipped with amenities.
Another factor is the density of transit networks in the area. These networks will make the area easier to access. Generally speaking, properties in the Central Catchment Region (CCR) are already priced high because of their prime location. Therefore, the announcement of a new MRT line won’t have as much of a noticeable impact on the area’s properties as it may have on the rest of Singapore. This makes Newport Residences an ideal choice for investors.
For property buyers, the most significant benefit of proximity to an MRT station is the convenience it brings. Aside from a shortened commute time, it also allows residents to be closer to retail and commercial hubs. The MRT is known for its high traffic volumes and many MRT stations are located near shopping malls.
While the ‘old’ MRT system has been a part of Singapore’s landscape for many years, the MRT system has been managed under a semi-nationalised hybrid regulatory framework.
Facilities for you to take care of yourself
Located on 80 Anson Road, Newport Residences is a mixed-use development. It will consist of 256 residential apartments, retail and serviced apartments, and offices. It will cover approximately 655,000 square feet.
It is close to Anson Road, Marina Coastal Expressway and Keppel Road. It is also near the Downtown MRT station. The area is surrounded by shopping malls, restaurants, and other facilities. The Tanjong Pagar MRT station is within walking distance.
Newport Residences at the former Fuji Xerox tower will also be located near several preschools. The area is ideal for young couples and singles. The neighborhood is also great for older people. Several shopping centers and parks are also nearby. You can visit hawker food centers such as Amoy Street Food Centre and Lau Pa Sat.
The development is close to several bus stops. It is also one station away from the Raffles Place Interchange. There are several bus lines that connect the development to various parts of Singapore.
The neighborhood is also home to the Central Mall, a 7-storey office and retail complex. It is also near the Outram Secondary School and Cambridge Business School. The Superland Preschool and Tots and Teddies Preschool are also close by.
The development is also located near the upcoming Prince Edward Road Station. There are several malls in the area including The Amara, ICON Village, and Guoco Tower. The area is also close to many parks and playgrounds.
Newport Residences will be a freehold development. It will have 256 residential apartments, 25% serviced apartments, and 40% commercial space. The project is planned to be 45 storeys high. It will include Newport Tower, Newport Plaza, and serviced apartments. It will be an integrated development that will cover approximately 655,000 square feet.
Why Newport Residences condo?
- Located within the serene location of Tanjong Pagar, great amenities for both families and individuals are easily within walking distance.
- Lots of educational institutions surround the project, from primary school up to Junior College.
- Close Proximity to Sentosa, Gardens by the Bay, Labrador Park can bring nature to your family and friends
- Reputable developer with many years as Singapores leading developer firm City Development,CDL
- Easy access to various shopping, dining and entertainment mall.
- Easy access to CBD, Orchard shopping belt, Marina Bay Financial Centre.
- Full resort style condominium facilities for you and your family to enjoy.
|Project Name||Newport Residences|
|Address||Former Fuji Xerox Building|
|Tenure||Estate in Fee Simple (Freehold)|
|No of Units||246 units|
|Site Area||54,802 sqft|
About The Developer
Listed on the Singapore Stock Exchange and with presence in 29 countries, City Developments Limited is one of the largest real estate companies in Singapore. It has a wide-ranging portfolio of properties, including serviced apartments, hotels, residential, and commercial properties. Currently, CDL has over S$3.5 billion in assets under management.
CDL has a proven track record of 55 years in real estate development and investment. From acquiring property to developing integrated developments and delivering quality housing, CDL is one of the leading real estate companies in Singapore. CDL’s portfolio spans more than 18 million square feet of floor space globally, including serviced apartments, shopping malls, hotels, integrated developments, and residences. The company’s commitment to green building and sustainability is recognized by 13 prominent global rankings and awards.
As the first Singapore real estate company to sign the United Nations Global Compact, CDL is a pioneer in the integration of sustainability and social responsibility into its business operations. In 2007, CDL was awarded the President’s Social Service Award. CDL was also named Best Residential Real Estate Developer in Singapore in Euromoney’s annual survey in 2020. In addition, CDL was named the Top Global Real Estate Management and Development Company in the 2017 Global 100 Most Sustainable Corporations in the World ranking.
CDL’s portfolio is diversified across five international markets – Asia, Europe, North America, South America, and the Middle East. The company also has a long-standing presence in Singapore, having developed more than 22,000 homes in the country. CDL’s track record of sustainable development has earned the company a plethora of awards, including the BCA Green Mark Platinum Champion Award, the Built Environment Leadership Platinum Award, and the President’s Award for the Environment.
CDL’s mission is to create value for shareholders and the wider community through innovative and sustainable development. As part of its commitment to sustainable development, the company is a pioneer signatory of the United Nations Global Compact, the world’s first corporate sustainability framework. CDL’s sustainability strategy has also been enhanced through the incorporation of ESG (environmental, social, governance) integration. Its policy includes measures to mitigate environmental impact at project sites.
CDL was also the first Singapore company to be listed on the Dow Jones Sustainability Indices and MSCI ESG Indexes. CDL’s management sponsor the Singapore Sustainability Academy, a forum for the company to engage and educate stakeholders and the wider community about sustainable development. CDL’s Chief Sustainability Officer is a key player in advancing the vision of the Academy. CDL’s strategy is to engage stakeholders and cultivate social consciousness among the next generation.
In 2011, CDL’s Chongqing Eling Palace was the first residential project in China to achieve the highest 3-Star Certification by the Green Mark. In 2010, CDL was named one of the Global 100 Most Sustainable Corporations in the World. CDL is also one of the top five most sustainable property developers in Singapore. In 2013, CDL’s Emerald Hotel, in Beijing, was ranked among the top ten greenest hotels in the world.