Special Feature

Kopar at Newton: Well-positioned to leverage growth plans for Newton and Novena

By CEL Development

May 12, 2023 11:00 AM SGT

Kopar at Newton is expected to receive its temporary occupation permit in 3Q2023 (Picture: Albert Chua/The Edge Singapore)

Join our Telegram channel and follow our Facebook for the latest update.

The Newton area has long been popular for its proximity to the Orchard shopping belt and the CBD. The upscale neighbourhood enjoys ample connectivity, with main thoroughfares Bukit Timah Road and Dunearn Road providing easy access to the Central Expressway (CTE), while the Newton MRT Station serves as an interchange for the Downtown and North-South Lines.

Despite its location close to the city centre, the Newton area retains a serene vibe, thanks to its surroundings which predominantly comprise residential neighbourhoods, including the prestigious housing enclaves in Bukit Timah. It is little wonder that Kopar at Newton, a 378-unit development by CEL Development, was one of the best-selling projects in the Core Central Region when it was launched in 2020. Despite facing challenging market circumstances with the onset of the pandemic, the project saw firm take-up rates and is now nearly completely sold, with a takeup rate of 97%.

Located a four-minute stroll away from the Newton MRT Station, Kopar at Newton lies at the heart of the Newton area. It is surrounded by a broad array of amenities, from nature spots like the Singapore Botanic Gardens and MacRitchie Reservoir Park to the iconic Newton Food Centre. Several reputable schools are nearby, including Anglo-Chinese School (Junior), Anglo-Chinese School (Primary) and St Joseph’s Institution Junior, all of which are within 1km of Kopar at Newton.

The project is expected to receive its temporary occupation permit by the third quarter of this year. Upon completion, it will be a new flagship development for the area and a gateway to surrounding neighbourhoods.

The project has a limited number of one-bedroom units still available for sale. These select few units present a golden opportunity for buyers looking for a newly-built property poised to tap into the growth prospects of the wider Newton-Novena area.

A unit overlooking the relaxation pool (Picture: CEL Development)

Developments to support demand

Newton’s steady popularity as a residential neighbourhood comes partly from its proximity to Novena, an established medical precinct known for top-notch medical and research facilities such as Tan Tock Seng Hospital, Novena Medical Centre, Mount Elizabeth Novena Hospital and National Neuroscience Institute of Singapore. Novena is also home to commercial developments such as Velocity @ Novena Square and the Square 2 Mall.

The precinct is undergoing a major urban transformation as part of the Health City Novena master plan. Under this plan, new and existing healthcare buildings in the precinct will be interlinked by sky bridges and pedestrianised streets to create a mega-integrated healthcare development.

Targeted for completion in 2030, the 17ha healthcare hub will be the largest in Singapore and is expected to accommodate more than 30,000 people per day. Correspondingly, homes in the Newton and Novena area are anticipated to benefit from the larger catchment of medical and ancillary workers.

Kopar at Newton is well-positioned to leverage the bolstered demand, given its proximity to the Newton MRT Station, which is just one stop away from Novena.

Connectivity in the area will see a major upgrade, thanks to the upcoming North-South Corridor. The 21.5km expressway, targeted for completion in 2027, will connect the northern region and the city centre, enhancing overall road connectivity for towns along the corridor, including Newton and Novena. It will also feature dedicated bus lanes, cycling trunk routes and pedestrian paths.

The hydrotherapy pool (Picture: CEL Development)

Besides alleviating traffic along the CTE, road commuters to the city are anticipated to see shorter commute times. According to the Land Transport Authority, bus commuters are expected to save an average of 10 to 15 minutes.

The ongoing rejuvenation of the Orchard Road shopping belt within the wider central region is also expected to have advantageous ripple effects on the Newton-Novena area. Combined with the redevelopment of older properties in the Newton area, the healthcare and expressway projects will collectively uplift the neighbourhood. This will translate to healthy capital and rental appreciation for properties in the area, including Kopar at Newton.

Indeed, select developments in Newton-Novena have already started demonstrating a strong upward trajectory. In April, a one-bedroom unit at Pullman Residences Newton, a condo under construction located just up the road from Kopar at Newton, hit a record high of $3,496 psf after a one-bedroom unit measuring 463 sq ft was sold for $$1.62 million. The transaction provides a new benchmark for the neighbourhood and is indicative of the positive price trends.

Within this landscape, units at Kopar at Newton, which have transacted at prices between $2,700 and $2,890 psf in the last year, provide an attractive entry point for buyers seeking a quality property in the area to tap the potential growth.

Distinguished residences

Kopar at Newton encompasses 378 residential units housed in two 23-storey towers. Units comprise one- to five-bedroom apartments as well as eight lavish penthouses. The one-bedder units still available measure 517 sq ft.

Taking inspiration from the elegant yet warm copper element it is named after, residences at Kopar at Newton have been tailored to accommodate contemporary homeowners’ discerning tastes and preferences. Premium fittings and fixtures, such as kitchen appliances from SMEG and Toto sanitaryware, were incorporated into the residences.

The gourmet dining area at the clubhouse (Picture: CEL Development)

Residents can access premium facilities, including Stella, the project’s 38m-long clubhouse. Designed to impress, the clubhouse has a grand lounge with a 10m-high ceiling and a showstopper at its centre — a large chandelier made of 8,000 teardrop-shaped glass and copper beads. Other facilities at the clubhouse include an entertainment lounge, a wine bar and a gourmet dining area, making it the perfect place to host friends and associates.

The condo grounds also have a wellness and spa zone named Aura, where facilities including a hot and cold spa, hydrotherapy pool and microbubble ion spa are available for residents. Meanwhile, other facilities include a 50m infinity lap pool, a tennis court, a gym, a playground, and several gardens and open spaces. In addition, the development will have a concierge service, providing an exquisitely curated suite of bespoke services for residents. Prices of units available for sale at Kopar at Newton start from $1.5 million

For more information, please contact +65 6100 6068

Website: koparatnewton.com.sg

Tags: