Why Normanton Park?
It’s a gateway to Singapore's Silicon Valley, The Greater One-North! A huge concentration of clusters of technologically advanced research and development. They include the One-North Biomedical Research Hubs, Science Park One, Science Park Two, National University Hospital, Tertiary Educations, etc. Within the One-North Biomedical Research Hub alone, there are developments under the Fusionopolis, Biopolis and Mediapolis clusters; each is a cluster of technological research by itself.
So what does all these mean to Normanton Park?
Huge! Basing on current property supply and demand statistics, properties in this vicinities command premium due to huge supply of higher-level professionals working in the area; and the demand for Condominium facilities becomes hugely shortage. Furthermore, if you study the geographical setting of South-Western part of Singapore, you were realized that more than two third of land in these areas are catered for industrial use. With Tuas Mega-Port soon to be opening in 2022 first phase and the shifting of port's supporting industries towards the West, the shortage of private housings is spilling over to this area.
If you analyze the rental yield within and around the Greater One-North area, you will find the average rental of more than 3% across from 1-bedroom all the way to 4-bedroom. Never before, in Singapore, that you see such a high demand!
Why buy during the Launch?
Developer gives the best discount during the launch to gauge the market take-up rate. The amount of discount will be withdrawn gradually once the developer is able to determine the demand and will adjust the discount accordingly to achieve its intended overall target margin. Buying during the launch would give you the best entry price and also the first mover advantage to select the best unit that meet your budget.
This outstanding 99-year development comprises of 1,862 units from 1- to 5-bedrooms, including 22 strata landed homes, as well as 7 shop spaces and a restaurant.
Project Details
Unit Mix
Developer: Kingsford Huray Development Pte Ltd
Tenure: 99 Years Commencing From 22 July 2019
District 5
Site Area: 63593.7 Sqm
No. Of Units: 1862
No. Of Storeys: 24
No. Of Parking Lots: 1840 (Flats) + 22 (Strata House) + 3 (Commercial)
Expected Date Of T.O.P: Q2 2023
Estimated Date Of Vacant Possession: 31 Dec 2023
Estimated Date Of Legal Completion: 30 Dec 2026
Architect: P&T Consultants Pte Ltd
Landscape Consultant: Ecoplan Asia Pte Ltd
Call 9819XXXX now or visit https://esproperty.sg for more information
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