Property Developer: Kingsford Huray Development Pte Ltd
Neighbourhood: Clementi, District 5
Address: 1 Normanton Park, 118998
No. of Units: 1,862 units (1,840 apartment units, 22 two-storey strata terraced units, and eight commercial units)
Tenure: 99-year leasehold
Pricing: Yet to be announced
Temporary Occupation Permit (TOP): 2023
Normanton Park’s advantageous location and connectivity to top-tier amenities present an attractive opportunity to property investors across the nation.
Kingsford Hurray Development’s latest project, Normanton Park, packed quite a punch in the private non-landed residential market last month. 80% of its 600 residential units sold at an average price of $1,750 per square foot (psf), during its 13-day preview last month. The demand was driven primarily by Singapore Citizens and Permanent Residents, who were both owner-occupiers and investors.
Analysts have noticed the market for private non-landed homes continued to strengthen last month as sales volumes and prices continued to climb for a sixth straight month. Prices may continue to rise if the demand persists and the limited, remaining supply of Normanton Park’s residential units decrease. Before this happens, investors and buyers should consider making their move.
Normanton Park is quite an obvious choice for property investment as market sentiment continues to be positive. That is, following the initial no-sales license drama with developer Kingsford Hurray, who failed to meet the requirements for building works from its previous development, Kingsford Waterbay.
Its rich history-previously built as affordable housing for Singapore Armed Forces (SAF) back in 1997-can be an attractive benefit for home buyers and investors as it proves Normanton’s Park redevelopment potential.
More about Normanton Park
There are one- to -five-bedroom apartments and penthouses, as well as villa homes available at the 1862-unit development, the only large development in a neighbourhood characterised by low-residential estates. It’s located along Science Park Drive, boasting a gorgeous backdrop of lush greenery at Kent Ridge Park. It’s also directly connected to the Ayer Rajah Expressway (AYE), providing ease of access to the rest of Singapore.
Enjoy unblocked views of the sea, city, and surrounding natural landscape at Normanton Park.
Found within Clementi, District 5, Normanton Park’s advantageous location and connectivity to top-tier amenities present an attractive opportunity to property investors across the nation.
Connectivity at Normanton Park
The mega project is only about a short drive away to the Central Business District (CBD), One-North Business Park (housing Fusionopolis, Biopolis, and Mediapolis), Jurong Business Park, Mapletree Business City, and International Business Park.
Normanton Park is located near tech giants like Google, a driving factor in the projected increase in rental demand in Clementi, with its capacity to hire high-income empoyees willing to relocate near the office.
Its proximity to one-north, a tech-oriented, research and development precinct with prestigious tenants, such as Google, Grab, Shoppee, and Unilever, present a lucrative opportunity for property investors. This is because they have the capital to expand and recruit more high-income foreign talent-now made easier with the new Tech.Pass, which was launched as an extension of the [email protected] program in 2019.
Transportation at Normanton Park
Normanton Park residents have various forms of transportation to choose from: Multiple buses connect residents to MRT stations, the two nearest being Kent Ridge and Haw Par Villa. These MRT stations provide access to the rest of the Circle Line, as well as the North-South and East-West Lines.
However, one thing to note: Although there are multiple forms of transportation available, its sheer size makes it difficult to get to the bus stop or even outside of the development. Especially if the unit is located far from the slip roads that connect to AYE.
Amenities at Normanton Park
On top of transportation convenience, Normanton Park is also surrounded by a wide variety of amenities, including educational institutions, shops, and parks.
Normanton Park, found in District 5, is at the heart of Singapore’s education hub, where most elite schools are located.
The National University of Singapore (NUS) is within walking distance. Also nearby are INSEAD, Fairfield Methodist School (Primary), Fairfield Methodist School (Secondary), Anglo-Chinese Junior College, Anglo-Chinese School (Independent), and United World College of South East Asia.
Foodies will be spoilt for choice at all the available dining options: Ghim Moh Market, Holland Drive, and Clementi Market offer tasty local dishes while restaurants at Dempsey Hill offers international cuisines with alfresco dining.
The mega condo is surrounded by nature, and thus, nature parks, where Normanton Park residents can spend their time in with family.
Normanton Park is also close to Kent Ridge Park and Southern Ridges, which has a 10-kilometre trail that links three nature parks-Hortpark, Telok Blangah Hill Park, and Mount Faber Park-and the Labrador Nature Reserve. The upcoming Normanton Park will also have a gate that opens directly to Kent Ridge Park.
The Normanton Park design
First-floor residents can enjoy some semblance of a view within the development as each residential block is elevated 18.8 metres above ground level. This also means that those living at the top can enjoy unblocked views of the surrounding natural landscape of Normanton Park. South-facing units will have a seafront view and a glimpse of the Greater Southern Waterfront, while north-facing units will have a sprawling view of the city.
Express your interest in Normanton Park
There’s no better time than now to invest in such a hot-ticket new launch condo! Get the price details, schedule an appointment to visit the showroom, and learn more about the project with an Ohmyhome Super Agent.