Norwood Grand Review: Is It the Right Investment for You?

Norwood Grand: Project Highlights & Features

Norwood Grand stands as a luxurious condominium development nestled at Champions Way in Woodlands, Singapore. Developed by City Developments Limited (CDL), this project offers a harmonious blend of modern living and tranquil surroundings, making it an appealing choice for both homebuyers and investors.

Key Features

Luxurious Amenities

Norwood Grand is adorned with amenities that cater to a sophisticated lifestyle. Residents can indulge in the luxurious infinity pool, work out in the state-of-the-art fitness center, or relax in the elegantly appointed clubhouse. Families will appreciate the children’s play area, while the BBQ pits and serene garden spaces provide perfect spots for social gatherings. To enhance convenience and security, the development also offers 24-hour security and a dedicated concierge service.

Prime Location

Located in the vibrant heart of Woodlands, Norwood Grand enjoys a strategic position near the Woodlands Regional Centre. This prime location ensures residents have easy access to a plethora of shopping malls, dining options, and entertainment venues such as Causeway Point and Woodlands Civic Centre. Connectivity is a breeze with the development being just a 3-minute walk from Woodlands South MRT station and close to the Thomson-East Coast Line.

Community-Oriented Design

Norwood Grand fosters a strong sense of community with its thoughtfully designed communal spaces. Regular community events are organized to provide residents with opportunities to build lasting relationships and enjoy a high quality of life. The development’s design encourages interaction and engagement among residents, enhancing the overall living experience.

Project FactSheet

Norwood Grand stands out as a premier residential development that combines luxurious living with unparalleled convenience, making it an ideal choice for those seeking a sophisticated urban lifestyle in one of Singapore’s most dynamic neighborhoods.

Norwood Grand: Prices

The pricing for Norwood Grand is anticipated to range between $1,900 – $2,3000 per square foot (PSF). While the developer has yet to release the official prices, these initial estimates offer a glimpse into the potential costs. Prospective buyers should stay tuned for the latest pricing updates and any special offers or discounts that may be announced.

Norwood Grand Floor Plans & Unit Types

Norwood Grand presents a variety of unit types to accommodate different lifestyle preferences:

• 1+Study Units: Perfect for individuals or couples needing extra space for work or hobbies.
• 2-Bedroom Units: Starting from 678 square feet, featuring a popular ‘Dumbbell’ layout which optimizes space efficiency and privacy.
• 3-Bedroom Units: Ranging from 947 square feet, these units provide ample living and dining areas, ideal for families.
• 4-Bedroom Units: With sizes up to 1,259 square feet, these units are designed for larger families or those seeking more luxurious living spaces.
• Penthouse Units: For those desiring expansive living areas and premium features.

Each unit is thoughtfully crafted with modern amenities, including naturally ventilated bathrooms and kitchens, integrated cabinet spaces, and clear distinctions between living and utility areas.

Norwood Grand Site Plan

Norwood Grand is a 99-year leasehold condominium development featuring 345 residential apartments. The site plan boasts a myriad of modern facilities designed to elevate residents’ lifestyles:

• Infinity Pools and Spas: Ideal for relaxation and leisure.
• Sky Gardens and Wellness Zones: Offering tranquil spaces for meditation and exercise.
• Children’s Play Areas: Safe and engaging environments for young residents.
• Clubhouse and Function Rooms: Perfect for social gatherings and events.

Strategically positioned in District 25 along Woodlands Drive, Norwood Grand is within walking distance to Woodlands South MRT Station and close to shopping malls such as Causeway Point and Vista Point. The upcoming Johor Bahru-Singapore Rapid Transit System (RTS) Link will further enhance connectivity to Malaysia.

Norwood Grand Location Map

Norwood Grand is strategically located along Champions Way in the vibrant Woodlands district of Singapore. This prime location offers residents a harmonious blend of urban amenities and natural beauty, making it an ideal choice for those seeking a convenient and comfortable lifestyle.

Neighbourhood

• Shopping and Dining: The development is close to several shopping centers, including Causeway Point, Vista Point, and Woods Square. These malls offer a wide range of retail outlets, dining options, and entertainment venues, providing residents with everything they need within a short distance.
• Educational Institutions: Families will appreciate the proximity to top-rated schools such as Innova Primary School, Woodgrove Primary School, and the Singapore Sports School. The presence of these institutions makes Norwood Grand an attractive option for families with school-going children.
• Healthcare Facilities: The forthcoming Woodlands Health Campus, which will include acute and community hospitals, a nursing home, and specialist clinics, is conveniently located nearby, offering comprehensive healthcare services to residents.

Transportation

Cross-Border Travel: The proximity to the Johor-Singapore Causeway makes travel to Malaysia convenient, enhancing the appeal of Norwood Grand for those who frequently travel between the two countries.

MRT Access: Norwood Grand is well-served by public transportation, with Woodlands South MRT Station on the Thomson-East Coast Line just a 6-minute walk away. Woodlands MRT Station is also nearby, providing additional connectivity options.

Expressways: The development is conveniently located near major expressways such as the Seletar Expressway (SLE), Bukit Timah Expressway (BKE), and Pan-Island Expressway (PIE). These roads ensure efficient travel to various parts of Singapore, making commuting by car both easy and efficient.

Norwood Grand Nearby Amenities

Norwood Grand stands out as a premier living destination, offering residents an unparalleled blend of educational opportunities, shopping convenience, and recreational activities. Its strategic location ensures that families, professionals, and nature enthusiasts alike can enjoy everything they need within close reach.

Nearby Education

Norwood Grand is ideally situated near a range of reputable educational institutions, making it an excellent choice for families prioritizing quality education:

• Woodlands Primary School: Celebrated for its holistic approach, this school emphasizes both academic excellence and character development.
• Woodlands Ring Secondary School: Offers diverse programs, including STEM, arts, and physical education, catering to various student interests.
• Republic Polytechnic: Known for its hands-on learning approach, providing diploma programs that include internships and industry projects.
• Innova Junior College: Renowned for rigorous academics and holistic development activities.
• Singapore Sports School: A specialized institution integrating sports and academics, located conveniently nearby.

Nearby Shopping Malls

Residents of Norwood Grand have access to several shopping centers offering a wide array of retail, dining, and entertainment options:

• Causeway Point: One of the largest malls in the area, featuring over 250 shops encompassing fashion, electronics, and dining establishments.
• Woodlands North Plaza: Provides essential services with grocery stores, electronics, and food stalls.
• Marsiling Mall: Focused on essential services and necessities, including fresh produce markets and childcare centers.
• Admiralty Place: A convenient hub with supermarkets, convenience stores, and food courts.

Nearby Parks and Recreation

Nature lovers and outdoor enthusiasts will appreciate the proximity of Norwood Grand to several parks and recreational areas:

• Woodlands Waterfront Park: Offers scenic views and recreational facilities, ideal for evening strolls and family outings.
• Admiralty Park: Known for its rich biodiversity and diverse play elements, including numerous slides for children.
• Vista Park and Mandai Tekong Park: Provide green spaces perfect for morning walks, jogging, or cycling.
• Marsiling Park: A green oasis offering activities and amenities for visitors of all ages.

Norwood Grand’s location provides residents with an excellent balance of urban convenience and access to nature, enhancing the overall living experience.

Norwood Grand the Developer

Track Record

City Developments Limited (CDL) stands as a pillar of excellence in the real estate sector, both in Singapore and on the global stage. With a rich history stretching over 60 years, CDL has built a reputation for unwavering commitment to quality, innovation, and sustainability in its developments.

Key Achievements

Global Presence:
CDL’s extensive reach spans 29 countries and regions, encompassing a diverse portfolio that includes residential, commercial, and hospitality properties. Recognized as one of the largest companies by market capitalization on the Singapore Exchange, CDL’s influence is undeniable.

Residential Developments:
CDL has crafted more than 50,000 homes globally, with standout projects such as The Sail @ Marina Bay, St. Regis Residences, and New Futura in Singapore. These developments are celebrated for their luxurious designs, prime locations, and top-tier finishes.

Awards and Recognition:
CDL’s dedication to quality and sustainability has earned it a plethora of awards. The company has consistently received the Building and Construction Authority (BCA) Green Mark Platinum Award and the Quality Excellence Award – Quality Champion (Platinum) for several years running.

Sustainability Initiatives:
As a trailblazer in sustainable development, CDL incorporates eco-friendly practices across its projects. The company’s commitment to environmental sustainability is evident through its numerous Green Mark certifications and other sustainability accolades.

Norwood Grand: A Reflection of Excellence

CDL’s extensive track record underscores its reputation as a trusted developer. Norwood Grand is poised to embody CDL’s high standards in design, quality, and sustainability, making it an enticing investment for discerning buyers seeking a well-crafted and thoughtfully designed residential property.

Who Should Consider Investing in Norwood Grand?

Investing in Norwood Grand is particularly suitable for:

• Long-term Investors: Those looking for capital appreciation due to the area’s development potential and strategic location.
• Rental Income Seekers: Investors interested in generating rental income from a property with strong demand due to its proximity to amenities and employment centers.
• Families and Professionals: Individuals seeking a home in a rapidly developing area with excellent connectivity and lifestyle options.

Comparative Market Analysis

Strategic Location:
Norwood Grand is located in the rapidly developing Woodlands area, part of the North Coast Innovation Corridor. This area is set to become a major economic hub, enhancing the property’s appeal and potential value. The development is just a short walk from Woodlands South MRT station, providing excellent connectivity to the rest of Singapore.

Scarcity of New Developments:
As the first private condominium launch in Woodlands since 2011, Norwood Grand benefits from pent-up demand in the area. This scarcity of new private residential projects offers a unique opportunity for investors to capitalize on this demand.

Comparative Pricing:
The estimated entry price for Norwood Grand is around $1,900 per square foot (PSF), which is higher than older developments like Woodhaven and Parc Rosewood, which are priced around $1,301 to $1,305 PSF. However, these older properties are more than 10 years old, and their rate of capital appreciation is likely to taper off compared to a new launch like Norwood Grand.

Price Appreciation

Growth Potential:
The ongoing development of the Woodlands Regional Centre and the upcoming Singapore-Johor Rapid Transit System (RTS) are expected to significantly boost property values in the area. These developments will enhance connectivity and create more job opportunities, further driving demand for residential properties.

Historical Trends:
Properties in the northern region of Singapore have shown significant appreciation, suggesting that Norwood Grand could benefit from similar trends. The transformation of Woodlands into a major commercial hub is likely to further enhance its investment appeal.

Rental Yield

Strong Rental Demand:
The proximity to educational institutions, healthcare facilities, and commercial centers makes Norwood Grand attractive to potential tenants, including professionals and families. The upcoming Woodlands Health Campus and the Woodlands Regional Centre are likely to attract healthcare professionals and other workers, boosting rental demand.

Comparative Yield:
While specific rental yield figures for Norwood Grand are not yet available, the development’s strategic location and modern amenities are expected to command competitive rental rates, offering investors a reliable income stream.

Overall, Norwood Grand represents a sound investment opportunity for those looking to capitalize on the growth potential of the Woodlands area and the broader North Coast Innovation Corridor.