Kopar at Newton (纽顿铜源) On The Move

2020年4月01日：Kopar at Newton sold one Penthouse at $7.8mil, at the price of $2400psf. 4-bedroom and 5-bedroom units open for sale.

2020年3月28日：Developer guide price for Kopar At Newton are released. 1-bedroom sells starting from $1.0x mil. 2-bedroom sells starting from $1.3x mil. 3-bedroom sells starting from $1.9x mil. 4-bedroom sells starting from $3.4 mil. 5-bedroom sells starting from $3.9 mil.

2020年3月25日：Kopar At Newton will open for preview from 28 March. Only welcome appointment, no walk-in clients.

2019年01月17日：Developer CEL Develpment bid $418.8 mil for the land parcel at Kampong Java Road which is the actual site of Kopar at Newton.

Kopar at Newton | 纽顿铜源 | Luxury New Condo in District 9

 Kopar at Newton | 纽顿铜源 | Location and amenities

Kopar at Newton is located at 6 and 8 Makeway Avenue, a prime location in the District 9.  Ideally opposite the Newton MRT Interchange and Newton Food Centre, Kopar get easy access to the city and all the surrounding amenities. From Newton MRT Station, Kopar residents can take 1 stop to Orchard Road Shopping Street and Novena commercial centre and Health City along South North Line. It takes 3 stops to Dhoby Ghaut and Bugis Interchange, 5 stops to Raffles Place financial district and Marina Bay Sands. The residents can also take the Downtown Line along Bukit Timah Road, which will take them 1 stop to the Stevens MRT Interchange and Little India, 2 stops to Singapore Botanical Garden and Rochor.

For residents who drive or book some Grab car, Kopar At Newton is close to the main road.  There are only about a 3 ~ 5 minute drive to the Orchard shopping street and a 10-15 minute drive to the Central Business District (CBD). Residents can get access to the CTE and PIE Expressway via nearby major roads such as Bukit Timah Road, Dunearn Road, Newton Road, Thomson Road, Orchard Road and so on.  Those arterial roads provide quick connection to all parts of Singapore. What’s more, there are several bus routes from the bus stop near downstairs of Kopar condo, servicing the commutation to all parts of the island.

Kopar At Newton residents can take subways to the Novena MRT station and the commercial centre, where shopping, dining and recreation facilities are available.  There are a wide variety of retail and dining options for nearby residents. Just name a few here, Novena Square, Square 2, United Square, Goldhill Centre, etc. Supermarket in the malls provide residents with fresh meat, vegetables, fruits, fish and daily necessities. Opposite Kopar At Newton is Singapore’s famous Newton Food Centre, which has many famous stalls serving local delicacies to the residents.

Of course, if residents want to go shopping and dining in the Orchard Road shopping belt, which is one MRT stop away, you’ll be envied by the hundreds of thousands of residents. The Orchard Road shopping street is full of shopping malls and high-end hotels, international brands, specialties and cuisines from different countries. There are also cinemas, coffee shops, bars and nightclubs in Asia’s shopping paradise. Kopar residents are simply blissful. Those want to experience some local shopping street that is both trendy and urban can visit Bugis Village, Bugis+ and Bugis junction, not mention OG Albert Complex, Fu Lu Shu Complex, Sin Lim Square. The National Library is a good place for reading and relaxing.

Kopar At Newton is actually surrounded by many reputable government schools. There are seven government primary schools with the 2km distance of Kopar condo, 3 government primary schools within the 1km distance. Here are them: Anglo Chinese Junior School, Saint Joseph’s Institution Junior, Anglo Chinese Primary School, Farrer Park Primary School, Saint Margaret’s Primary School, Balestier Hill Primary School, Singapore Chinese Girls’ Primary School.  Other famous schools in the vicinity include Anglo Chinese Secondary School (Barker Road, School of The Arts, Singapore Chinese Girls’ Secondary School, Saint Joseph’s Institution, Catholic Junior College.

For the choice of college and university, Kopar is near to Lasalle College of The Arts（McNally Campus), Lee Kong Chian School of Medicine (Novena Campus), The University of Chicago Booth School of Business, Nanyang Academy of Fine Arts, EASB East Asia Institute of Management, etc. International schools nearby include Italian Supplementary School, Chatsworth International School （Orchard Campus, Swedish Supplementary School, ISS International School (Elementary and Middle School Campus), Finnish Supplementary School), Norwegian Supplementary School, Dimensions International College (City Campus).

For those who like outgoing activities, the famous Singapore Botanic Gardens and Fort Canning Park are near to Kopar At Newton. For a more intimate experience, traveling along Thomson Road to the expansive MacRitchie Reservoir Park. For sports lovers, they can visit the Singapore Sports Hub near the Kallang River, while the world-famous Marina Bay Park and Marina Dam are also nearby for the recreation.

Healthcare facilities are available around Kopar At Newton. A few minutes’ drive to the north, there is the Novena Health City, a large and well-equipped medical hub, which host the famous Tan Tu Seng Hospital, Elizabeth Hospital, National Dermatology Medical Center, etc. On Orchard Road, near the Botanic Gardens Embassy area, there is the Gleneagles Hospital and Medical Centre on Napier Road and the Camden Medical Centre. In the vicinity of Orchard Road near Cairnhill, there are Mount Elizabeth Hospital and Medical Centre and Paragon Medical Central.

Close to Little India, Farrer Park Medical Centre brings together Farrer Park Medical Centre, Farrer Park Hospital to provide quality health care to the residents. The KK Women and Children’s Hospital near Little India is a local specialist medical hospital for women and children. Residents can also visit the Raffles Hospital in Bugis. The Singapore General Hospital (SGH), the most renowned public hospital in the country, and are about 10-15 minutes away by car.

Kopar at Newton | 纽顿铜源 | Site Plan and Facilities

The development of Kopar At Newton site is the part of the Government’s land sale programme. It covers an area of approximately 125,326 sqft and was awarded to the developer of Chip Eng Seng Group with the top bid for $418.8 million (equivalent to $1,192 psf ppr) by. The developer has appointed the renown ADDP Architects, the architectural firm behind a series of luxury condominiums, to design the Kopar condo project.  Tinderbox Landscape Studio is partnered to work on the site landscape. The condominium will be built with over 40 amenities including a pool, spa, residents club, tennis courts, playground, themed pavilion, one-on-one underground parking and more. Instead of taking full advantage of the plot ratio to build more than 430 apartments, the developer will actually built only 378 larger units, including more 4-5 bedroom units, which effectively enhances the comfort and luxury of the development.

Kopar At Newton was designed to create a classic and comfortable residential space for residents, with 70% of the entire site devoted to facilities and landscaping, significantly expanding the outdoor space to create a quality living environment and a garden resort-style luxury residence along the Newton transportation hub.

The entire condominium facilities and landscaping are divided into three themes: the Stella Clubhouse, the Aura fitness spa and recreation area and the VITA outdoor activity centre. the Stella-themed clubhouse is worthy of a special mention as the developer has built a 38-metre long and 8-metre high super-resident multi-purpose clubhouse along the side of Bukit Timah Road. It will offer a majestic lobby, The Sommelier Lounge, recreation room, The Connoisseur kitchen and dining room and other public spaces and facilities. The clubhouse will face the inside of the condominium directly embrace the green lawn and The Courtyard. The oversized and tall clubhouse will be a bright spot along the busy Bukit Timah Road.

The Aura fitness massage area includes a gym with pool view, outdoor hot and cold water massage pools, hydrotherapy pools, micro-bubble massage pools and various themed landscaping to give residents a different level of comfort and tranquillity, while the VITA is an outdoor activity area that includes a fitness corner with pool view, a standard pool, a children’s pool, tennis courts, children’s activity areas, picnic areas and a bike park. There are more than 40 public facilities in the Kopar condo, catering for all ages and different leisure life needs. And the 5-metre high community gates and the concierge service for residents make the condo a new landmark in the Newton area.

Kopar at Newton |纽顿铜源 | Unit Mix and Floor Plans

Kopar At Newton will occupy the land area of 11,643 sqm, which is a fair and large size of residential development in the Core Central Region. The developer cherish the luxury and exlusivity of the estate enclave and enlarge the landscape area up to 70%. There will be only 378 spacious apartments to be built across 2 residential towers of 23-storey with over 40 facilities.

Kopar At Newton will offer a wide range of unit choices from 1-bedroom to 5-bedroom and some exclusive penthouses. The whle development will include 66 set of 1-bedroom (517 sqft), 42 set of 2-bedoom classic（614 sqft), 86 set of 2-bedroom deluxe（689 sqft），44 set of 3-bedroom classic（915 ~958 sqft), 66 set of 3-bedroom delexue（1,055 ~ 1,098 sqft), 45 set of  4-bedroom（1,518 ~ 1,604 sqft), 21 set of 5-bedroom（1,819 sqft）and 8 set of penthouses.

Kopar At Newton will offer with good class of furnishes and applicances. Kitchen is equppied with SMEG and Electrolux brands of electric applicances, with the option of Vintec wine cellar. The bathroom will see the TOTO sanitary ware and fittings. 4-bedroom and 5-bedroom apartments will be providing spacious living and dining hall with marble flooring. kitchen island and private lift.  Bathroom floor and wall there are made of marble too. For penthouse apartment, there will be floor to ceiling height of 5.4 meter and 3.3 meter in the living area and bedroom area, respectively, not mention the branded home appliances and fittings.

• Interior Design Artist Impression – Living and dining area 1

• nterior Design Artist Impression – Living and dining area2

• nterior Design Artist Impression –  Living and dining area 3

Kopar At Newton | Floor Plans

Kopar At Newton | Luxury Home Market Update

Kopar At Newton is in the Newton enclave in District 9 of Core Centre Region (CCR). CCR region is down the ages famous for its many clusters of upscale private condominiums and apartments. The CCR residential market is also the most luxurious house segment where many properties sell at the most premium prices, for example, easily across $3000psf.

Singapore private home market has entered the new uptrend cycle after the soar of land bid from both Collective Sales from developers and Government Land Sales (GLS) Programme during the period from 2016 to 2018. According to the URA reported in January 2020, Singapore private home prices rose 2.7% in 2019, as compared with the 7.9% increase in 2018. In 2019, new private residential property sales by developers increased 12.7 per cent to 9,912 units too.

There is a genuine, underlying demand for the private home. The increase in new sales transactions and growth in overall prices indicate the resilience of private residential property.  In 2020, Market watchers expect the market trends to be similar to 2019, given that market fundamentals remain unchanged: interest rates are expected to remain low, while the economy is expected to improve slightly in 2020.

For CCR housing market, the overall price index decrease 1.7%, as compared to the increase of 6.7% in 2018, while the prices in City Fringe and mass market increased by 2.8% and 4.2% respectively. According to the URA media release, the transaction volume and price index are still in line with the historical trend, which demonstrates the sustainability of high-end residential market. 2019 observed a series of new high prices in many hallmark areas, such as Holland Village, Newton Circus, River Valley, Outram Park, East Coast and so on. In 2020, it’s expected that around 4,000 new non-landed residential units 23 projects could be launched in 2020 in the CCR region, while 6,000 units across 22 projects are expected to be launched in city-fringe region.

The new cycle of En Bloc sales fever has taken place in the residential market since 2016, given that the numbers of unsold developer projects hit the historical low and increasingly fierce competition in Government Land Sales (GLS) Programme. The land costs for private condominium projects have island-wide increased varying from 15% to 20% in different regions in 2018, not mentioned the benchmark land cost in 2016. In CCR market, the average land cost was over $1800psf in 2018, which transferred the average new development launch price in 2019 to jump up to among $2800 to 3500psf.  During last year, it has been transacted over $4000psf in the most prestigious Nassim Road, Orchard Boulevard, Ardmore Park, and Marina Bay area.

The high-end residential market has turned up following the rise of higher land cost since 2017. New sales price tag replace the old one that more new condo projects in city area have been sold at higher prices. High-end housing market have running into a new uptrend cycle that sales price across $3000 psf is not a miracle any more.

1) In city-fringe, freehold Sky Everton in Outram Park sold over $2550 psf at average, a $2895psf price was transacted for a high floor 2-bedroom unit. For 99-year leasehold project One Pearl Bank in Outram Park, there are around 50 units sold over $2500 psf. The highest transacted price is $2875 for some 36^th floor 3 bedroom units.

2) In the East Coast area, prime District 15, freehold project in Amber Road – Coastline Residences sold some 2 bedroom unit at $3,010 psf, together with other 5 unit sold over $2,800 psf in 2019. Even in the mass market, the integrated residential development next to Bangkok MRT Station – Sengkang Grand Residences have sold over 45 unit at above $1800 psf, the highest transaction price was $1,898 psf. This is absolutely incredible.

3) In the Orchard upscale area, like Orchard Boulevard, ultra-luxury new residential development, Boulevard 88 have witnessed its 4 penthouse units transacted around $4,899～$5,125 psf in 2019. Another neighbor luxury development – 3 Orchard By The Park sold its 2 penthouse units around $4,638 to $4,805 psf in 2019. Across the road, TwentyOne Angullia Park sold its last 7,718sqft penthouse unit at $4,146 psf in 2019.

4) In Dhoby Ghaut area, 99-year leasehold new condo Haus On Handy sold new record price for its 969 sqft unit at $2,913psf in 2019. Other 30 units from the new launch was sold over $2830 psf in 2019. It’s not believable that one year ago, the latest completion 99-year leasehold development in the close vicinity – Sophia Hills was sold only averagely at $1900 to 2200psf.

5) In Jiat Kim Street area, the fringe of River Valley enclave, luxury new condo – Riviere was transacted at average price of $2886psf in 2019, with 7 units was sold over $3000psf. The highest price was done at $3,305psf by some 1-bedroom unit at 36^th floor in June 2019, following the 2^nd highest price at $3,247psf was transacted for some 4-bedroomwith unit at 35^th floor with size of 2002sqft.

6) In the charming Holland Village area, the blockbuster new launch – the mixed development – One Holland Village Residences set up the historical high transaction prices since Nov 2019. Over 120 units was sold at between $2600 to $3300psf since then. The highest price was transacted for some high-floor duplex 4 bedroom at eye-catching $3363psf.  Another bouquet freehold new launch -Van Holland which is opposite to Holland Village sold over 10 units in Jan 2020 with average prices at $2950psf. Following this trend, another mega freehold new condo-Leedon Green in Leedon Heights launched in Jan 2020 and sold over 30 units with average transaction prices at between $2600 to $2900psf.

7) In Tanjong Pager, CBD area, Skyscraper luxury newly-completed condo – Wallich Residence sold its 2 junior penthouse units (59^th, 60^th floor, 3509sqft) between $4702 to $4987psf in 2019. In the rising star CBD area, along west side of Beach Road, South Beach Residences sold 2 penthouse units (42^th floor- 6,728sqft, 45^th floor- 4,424sqft) between $3,865 to $3,888psf during the period  of 2018 to 2019.

By reviewing those recent record-breaking transactions done in the residential market, it’s quite new normal for the high-end luxury new condo to be transacted across $3000~$3500psf. What if it is a brand-new development with full condo facilities in the coveted address like Newton? In the following table, we just summarize the major new launches close to Orchard Shopping belt in recent years. you justify how rationale are the latest launch prices for Kopar At Newton.

Kopar At Newton is a rare new condo develpment next to MRT Station in prime District 9. Developed by the renown CEL Development, Kopar has a fair shape and good size of 11,643 sqm in the Core Centre Region. It’s successfully acquired by the developer under the Government Land Sales 2019 among the 7 bidders.  Let’s read the following table which summerize the major land sales in the central area in recent years. It’s found that the average land price is around $1,400 to 1,600psf in the city area. To our surprise, the land parcel of Kopar At Newton was awarded to Chip Eng Seng Development at the relatively lower $1,192psf. Accordingly Kopar At Newton has a solid land cost advantage over other develpments in the vicinity. The lower entry price is expected if the developer wisley price the unit selling price sensitively.

How have the new residential developments in the core central region and city area been performed since 2019? Let’s review some of them to get better understanding of the high-end market by reading the following table.  In Orchard area, Cuscaden Reserve at Cuscaden Road and 19 Nassim at Nassim Hill have been transcated in the average of $3,351～3,739psf.  Next to Dhoby Ghat MRT and Singapora Plaza, Haus On Handy has sold 11 units at average price f $2,885psf.  In Beach Road, the residential component of mega development GuocoLand Midtown – Midtown Bay have dealed 48 units at $2,904psf averagely.

In Martin Place in River Valley enclave,  Martin Modern has sold 33 units at around $2,671psf. Along Singapore River and in close promixity of Great World Shopping Centre, Riviere has transacted 11 units at the average price of $2,798psf.  Next to Guocoland Midtown and near Bugis MRT,  The M condo have sold 389 units with average price of $2,446psf. What’s more, next to Pearl Park Hill, One Pearl Bank condo has sold 27 units at $2,438psf or so.  It’s exiciting to announce that devleper guide prices for Kopar are starting from 2,100 to 2,200psf together with average selling price of $2,50psf. What’s a competitive entry price for Kopar, it seems that the story f the launch price of Martin Modern in 2017 occurs again.

Regarding the quantum price of Kopar At Newton for its 1-bedroom, 2-bedroom and 3-bedroom apartment. Read the following comparable price charts for the new developments in the centrel region.  1-bedroom at Kopar At Newton will be selling from $1 millon plus, which will be the cheapest available units in core central region where $1.3 mil and more is a common practice. It’s not rare to find that in the rest of centrel region, some 1-bedroom aprtments from new developments such as Margaret Ville, One Pearl Bank, Avenue South Residences, have transacted over $1mil.

Regarding 2-bedroom apartment at Kopar At Newton, its developer sale price starts from $1.3x mil as compared to other development in the core central region ranging from $1.8mil to $2.2mil. Some new developments in the rest of central region sell their 2-bedroom units around $1.3x mil and more.

Regarding 3-bedroom apartment at Kopar At Newton, its developer sale price starts from $1.9x mil as compared to other development in the core central region ranging from $2.7 mil to $3mil. Some new developments in the rest of central region sell their 3-bedroom units around $1.9mil and more. For 4-bedroom and 5-bedroom, Kopar At Newton will sell starting from 3.4mil, and $3.9mil, respectively.