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New Port Residences property is located near and close to the Tengah Plantation MRT (JE1) station

Jul 10

Newport Residences buildings will be the first Executive Condominium (EC) situated at Tengah Garden Walk. Taurus Properties is the company that was the winner against seven bidders to purchase an Executive condominium (EC) site at Tengah Estate.

Newport Residences completion date to be released from 2022. Customers are likely to get the highest high-quality kitchen equipment and flooring inside The New Port Residences EC and is expected to reach its peak in 2026.

Taurus Properties could be described as a Joint Venture of CDL Development Limited (CDL) and MCL Land.

City Developments Limited is an international real estate company that has a presence in more than 30 states and countries. It is one of the leading local developers with securities listed at Singapore on the Singapore Exchange. The company offers a variety of business portfolios including shops, office space hotels , and other facilities that are integrated with residential and homes properties that are residential and commercial structures that are served by.

MCL Land is a well-known residential developer that is constantly striving to enhance its services . It also focuses on offering the highest level of customer service. MCL Land believes in providing innovative and innovative solutions for homes to allow homeowners to have fun while working and playing. In the last 50 years, MCL Land has established an image of offering quality homes throughout Singapore as well as Malaysia. Singapore can be found in Singapore located in Singapore in Singapore and Malaysia.

The New Port residences offer an great option for families who are trying to find the ideal balance between their jobs and their family. New Port Residences are a great option for families who want to balance work and family. property is situated in the modern Forest Town, Tengah, residents can enjoy a wide range of facilities that are available for use by the community and also sporting activities in Tengah which has also been named the capital city of. Tengah was the initial HDB town constructed using the latest technology and is accessible across the town and in five distinct districts. The brand new EC is situated inside district 24 next to its Tengah Garden Walk.

The Housing & Development Board (HDB) has announced an open tender to solicit proposals to bid on Tengah Garden Walk EC on the 26th of November in 2020. It was open for bids from seven bids. The tender closed on May 25, 2021. Taurus Properties Ltd. Pte. Ltd. is the winning bidder in the auction. It won its bid of $400,318,000 which is $603.00psf per sq ft (per sq. area ). This is called ft/plot ).The total area 22,020.8 meters, which is equivalent to 2,031,89 Sqft could create 120 housing units. The 12 towers comprise 12 units that are higher than 14th floor.

Taurus Properties, a joint partnership made up of fifty-fifty between City Developments Limited (CDL) and MCL Land won the tender for the project, which came with the estimated price at 0.03% compared to the next bid. New Port Residences EC is their second collaboration with MCL Land for 2022 after the success of their launch of Piccadilly The Grand which opened on 7/5/2022. The project was purchased at an average price of 77% during the weekend prior to its official opening. The week before the event, the impressive outcomes can be seen in the reality that 77% of the building was purchased within two days.

CDL & MCL are looking at ways of cooperating which could result in an income near future. Port residents of EC.

The New Port Residences at Tengah is designed to look modern and modern. The 639 homes come with the latest technologies for homes, beautiful equipment for kitchens, bathrooms fixtures and modern air cooling systems. The home is fitted with at minimum one bedroom and can be utilized by families of any size.

New Port Residences is the first EC located in Tengah, The Forest Town. It is located in It is within its private Tengah Garden Walk which is situated within District 24. It was once an enormous area of forest and scrub land and was used to train soldiers. It's not easy to get access, Tengah, The Forest Town is a wonderful location to live in. The residents of NewPort Residences EC. Tengah is surrounded by lush greenery. It has five distinct areas of residence, each of which has its distinct characteristics. It is thought to be the first "car-free" urban zone anywhere in the world, providing the security and safety of a place to walk or cycle. Tengah residents Tengah will be split into five distinct districts, each having distinctive characteristics. The districts comprise of Garden District. Plantation District, Forest Hill District., Park District and Brickland District.