Taurus Properties is a joint venture between MCL Land and CDL Development Limited
Their following joint EC launch will be Newport Residences 2nd phase in 2022. Customers can anticipate the high-end kitchen fixtures and equipment that are touted as a feature of NewPort Residences EC, which is anticipated to reach its peak in 2026. Families seeking the right balance between work and family should live in New Port Residences.
Tengah, which is where it is located, is the most modern Forest Town, and its people can benefit from a variety of recreational opportunities there. Tengah is the first HDB town to be planned with five distinct districts and the most cutting-edge technologies.
Strategically placed in district 24 and close to Tengah Garden Walk is the new EC.
Newport Residences Anson Road review will be the first executive condominium (EC) situated within Tengah Garden Walk. Taurus Properties The company was the highest bidder among the seven bidders who competed for this executive Condominium (EC) site at Tengah Estate.
City Developments Limited is a world-wide real estate business that has a strong footprint in more than 104 towns, and more than 30 regions and countries. It is one of the largest local developers which is listed on Singapore on the Singapore Exchange. The company is home to a number of business portfolios , including offices, shopping malls and hotels integrated developments as well as residential properties and residential buildings that are serviced.
MCL Land is a renowned residential developer who is always looking for ways to enhance its services and dedicated to providing the highest level of customer satisfaction. MCL Land believes in offering innovative solutions for homes to ensure that homeowners are able to have fun while working and playing. In the last fifty years, MCL Land has established an image of offering premium, high-quality houses located in Singapore in Singapore and Malaysia.
Families are able to visit malls nearby for shopping , such as LOT 1 Mall is a must for shopping as well as dining, and entertainment.
This executive residence is an easy drive away just a few minutes away from Pan Island Expressway (PIE), Bukit Timah Expressway (BKE) and Kranji Expressway (KJE) which is only a few minutes from New Port Residences. The property is located near the proposed Tengah Plantation MRT (JE1) station. The station will be more convenient for homebuyers and homeowners alike. The line runs through Jurong Regional Line Phase 2. It is expected to be finished by 2028.
There are schools located in the vicinity. There is DaZhong Elementary school Jurong Primary School as well as Princess Elizabeth Primary School. Rulang Primary School, as well as Shuqun Primary School.
The Housing & Development Board (HDB) released its tender for bids on Tengah Garden Walk EC on 26/11/2020. The tender was open to seven bids when it ended on 25th of Mayin 2021. Taurus Properties Sg Pte. Ltd. won the auction winning the bid of $400,3118,000 which is $603.00psf for each square foot (per sq plot ratio of ft/plot). The land size totalling 22,020.8 meters or 2,031,89 Sqft will yield 120 housing units, including 12 towers that are taller than 14 stories.
Taurus Properties, a joint partnership of 50:50 between City Developments Limited (CDL) and MCL Land won the tender with a amount in the range of 0.03% compared to the next bid. New Port Residences EC is their second collaboration with MCL Land for 2022 after its success in the take-off for Piccadilly Grand, which launched 7/5/2022. It was sold at 77% throughout the weekend of its launch. In the week preceding the launch, remarkable outcomes can be seen in the fact that seventy-seven% of the project being sold in just two days.
CDL & MCL are looking at a different collaboration that can be profitable in the future Port residents EC.
The New Port Residences at Tengah is created to be technologicallyand modern. The 639 units come with advanced technology for homes, luxurious kitchen appliances, sanitary fittings , and an air conditioning systems. The home has three up to five bedrooms that can accommodate families of any size.
The brand new EC features areas ideal for spending time with friends and family. Residents can take advantage of a variety of amenities to improve their health and enjoyment in various leisure locations. Port Residences is the latest development. Residents of Port Residences are able to reserve a space for events that include the kitchen and eating area that is able to be used for hosting cooking classes and events. Other amenities include tennis courts and several pools with a 50-metre pool with a pet's zone as well as the indoor playroom for children and a games area which has darts as well as a game tables. The games room, the function space, and games rooms, residents can organize parties and entertain guests of all ages.
If you're looking to EC buyers, a further benefit for first-time buyers the possibility of a CPF Housing Grant that is up to 30K and the Deborred Payment Scheme is available (subject of the T&C). Contact us to schedule an appointment to discuss EC eligibility as well as how much CPF Grant eligible , and an assessment of your financial situation, with no obligation.
New Port Residences is the first EC located in Tengah, The Forest Town. It is strategically located in it is the Tengah Garden Walk in District 24. It was once a huge expanse of scrubland and forest and was primarily used for military training facilities. Even though it's inaccessible, Tengah, The Forest Town is an excellent location to live in and will give new experiences to residents of NewPort Residences EC. Tengah is surrounded by lush greenery, and has five planned residential areas, each with its own unique particularity. It is the most unique "car-free" central city, providing a safe area for walking and cycling. Residents living in Tengah will be divided in five distinct districts with each with its own distinctive characteristic. The districts comprise Garden District. Plantation District, Forest Hill District., Park District and Brickland District.
The themes of forests and nature are an integral aspect in the designing and plan of the districts in the plans for incorporating nature in residences.