Normanton Park has launched!

Normanton-Park_New_Waterfront

It’s been a long time coming for the developer of Normanton Park and prospective homebuyers who are looking forward to owning a piece of this sought-after address. Nearly two years after its developer was hit with a no-sale licence, the Normanton Park private residential project can now proceed to market.

Situated in District 5 and next to Kent Ridge Park, Normanton Park was open for public preview on Jan 2, 2021. This development will likely be the largest project launch in 2021, going by its total of 1,862 residential units, which are equipped with smart-home features, and it is expected to obtain its temporary occupation permit (TOP) in 2023. However, in order to protect the interests of homebuyers, there are several conditions tied to the sale of its units, according to the Urban Redevelopment Authority (URA).

Previously, Kingsford was issued a no-sale licence in January 2019 for the project, which prohibited it from selling units before obtaining the TOP although it could still begin construction. The no-sale ban for Normanton Park was eventually lifted on Nov 30, as stated in the Urban Redevelopment Authority’s (URA) website. A sales licence was issued soon after.

In issuing the sales licence for the project, the Controller of Housing of the URA had taken into consideration the fact that Kingsford had completed the Waterbay project “satisfactorily” with the certificate of statutory completion (CSC) and titles issued.

For Normanton Park, one of the sale-licence conditions imposed is that all its units must pass the BCA’s Quality Mark assessment before Kingsford can apply for a TOP. Kingsford noted that Normanton Park will seek to obtain the 100 per cent Quality Mark certification, which measures the quality of workmanship in every dwelling unit of a newly completed private residential project. According to URA, in general, such a requirement is set so that homebuyers can rest assured that their housing units are constructed and finished to a reasonable standard of quality.

Normanton Park has 1,840 one to five-bedroom units and penthouses across nine 24-storey towers encircling swimming pools. The apartment sizes range from 45-65 square metres (sq m) for one-bedroom units to 150-167 sq m for five-bedroom units. On the ground floor are 22 two-storey, 196 sq m strata terraces with direct adjoining pool access and a private parking lot each. In addition to that, there are eight commercial units: seven 43-44 sq m shops and one 104 sq m restaurant.

The selling price for a unit at Normanton Park starts at S$800k for the condominium one-bedroom apartments, S$1.0x million for the two-bedroom units, S$1.4x million for the three-bedroom units, S$2 million for the four-bedroom units, and nearly S$2.8 million for the five-bedroom apartments.

The strata terrace houses carry indicative price tags starting from around S$3.46 million, while the commercial units are priced from S$2 million onwards.

Normanton Park’s selling point lies in its impeccable location. It is located near the Southern Ridges green corridor, which includes Kent Ridge Park, HortPark and Mount Faber Park. Also in close proximity to it are business centres such as Singapore Science Park 1 and 2, Mapletree Business City, Fusionopolis and Biopolis.

The mega project’s five marketing agencies are PropNex, ERA Singapore, Huttons Asia, OrangeTee & Tie and SRI. The sales gallery and show suites are located at 1 Normanton Park; visits are by appointment only.

 

Buy a home and WIN a Mercedes-Benz!

To kickstart unit sales, Normanton Park will be offering 10 Mercedes-Benz A-Class 180 Hatchback Style cars as Lucky Draw prizes. The Lucky Draw is open to both homebuyers and marketing agents of the first 800 units sold, although eligibility conditions apply.

Kingsford seeks to create a top-of-mind market presence for Normanton Park in the new launch market. The development is expected to be one of the blockbuster launches in 2021 and possibly the largest condominium launched in the RCR [Rest of Central Region]. Normanton Park is a highly anticipated project and prices are deemed to be attractive.

In addition to its exclusive address, the attraction of Normanton Park is that the nine apartment blocks are raised 18.8m above ground level, which means the lowest floor is equivalent to the seventh storey. Units facing south will have views of the sea and the Greater Southern Waterfront, while units facing north, will have unblocked city views.

Besides proximity to the Greater Southern Waterfront, Normanton Park is accessible via public transport, with feeder buses to two MRT stations, namely Kent Ridge station on the Circle Line and Bouna Vista, an interchange station for the Circle Line and East-West Line. The Normanton Park development project is therefore expected to appeal to both owner-occupiers and investors, given the potential rental pool of those working in Science Park 1 and 2, as well as Mediapolis, Fusionopolis and Biopolis at one-north..

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