Normanton Park condo will be developed by the well-known property developer – Kingsford Huray Development Pte Ltd. They won the bid for the land on 5 October 2017, and it works out to about S$1,516 per square foot per plot ratio (estimated breakeven).
There is a long story about its no-sale license. As part of getting the green light to sell, the developer is committed to building only good quality homes. There will be more stringent checks from the authority for sure. More importantly, to obtain the temporary occupation permit, the developer must complete the Quality Mark assessment for all the units before applying for it. All these are the added assurance the residents can expect.
Normanton Park is a 99-year leasehold development commencing on 22 July 2019. The expected date of vacant possession, on paper, will be on 30 June 2023. It was launched in January 2021, selling price starting from $7xxk onwards.
In terms of the unit mix, Normanton Park is a beautiful development comprised of 1,840 exquisite residential units (1- to 5-bedroom) across nine towers of 24-storeys high-rise development, along with 22 terrace houses and 8 commercial units. The unit sizes range from 517 sqft for a one-bedroom unit to 1,615 sqft for a five-bedroom premium unit. Terraces (2,110 sqft), shops (463-474 sqft) and restaurant are available.
Do you have concerns about how dense this development is going to be? Let’s divide 684,517 sq ft over 1,862 units, it works out to about 367 sqft of land per unit. If we compare this development with others like Treasure at Tampines (294 sft/unit), The Florence Residences (276 sqft/unit) and Parc Esta (269 sqft/unit) , ours is considered quite a decent size.
The best way to find out more about this development, to familiarise yourselves with the actual condo location, is to arrange a showroom viewing with us. The unique selling points, any upside potential, competitor market analysis, key features, finishes and floor plan layouts will be highlighted and presented to you for your consideration.