Kopar at Newton is a new condominium development located right in the heart of the Newton by Chip Eng Seng (CEL). It is located within Prime District 9 and walking distance to Newton MRT station (interchange). The location is ideal for those who work in the Novena medical cluster, CBD and Orchard Road.
Kopar at Newton has a land size of 125,326 sqft with a total gross floor area of 350,914sqft. It is estimated to be developed into 436 residential units with full condominium facilities which comprises of a guard house, clubhouse, function room, indoor gym, tennis court, 50m swimming pool, sun deck, BBQ pits & children’s playground. The condo’s facilities provide full family entertainment needs for the family and nearest and dearest. Indulge in a serene and tranquil lifestyle right at the heart of Newton and the Novena Medical Cluster.
The top bid of $1,192 psf ppr for the GLS site at Kampong Java “was relatively low” compared to the $1,540 psf ppr for the Fourth Avenue GLS site purchased by Allgreen Properties and the $1,733 psf ppr paid by Frasers Property for the Jiak Kim Street site in Dec 2017, and furthermore the freehold development next door, Makeway View, was sold en bloc for $168 million ($1,626 psf ppr) in March last year. Kopar at Newton seems undervalued given the prime location of their evolution.
More information at https://investintproperty.com/properties/kopar-at-newton/
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