Kopar At Newton Units Sold
our consideration
Our Verdict
Kopar at Newton presents a well-designed residential development with a focus on urban luxury. The project offers a variety of unit types, from 1-bedroom to 5-bedroom units, catering to different needs. The spacious common areas and high-end facilities contribute to the overall appeal of the development. However, the average price per square foot might be a bit on the higher side for some buyers, especially considering the hefty maintenance fees associated with smaller units.
The location of Kopar at Newton is a major highlight, being situated next to Newton MRT station, providing excellent connectivity to various parts of Singapore. The abundance of public transport options and proximity to amenities like schools, hospitals, and shopping centers make it a convenient choice for residents.
While the development boasts good space utilization and luxury elements such as copper accents and a grand chandelier, potential buyers should consider the traffic noise from the nearby Newton Circus connector. The project’s unique selling points include reserved common areas and unblocked views of Newton, Bukit Timah, and Scotts Road.
In conclusion, Kopar at Newton offers an attractive option for those seeking urban luxury living in a convenient location. Prospective buyers who value well-designed spaces, proximity to transportation hubs, and a range of amenities may find this development appealing despite the premium pricing.
Main Takeaways:
- Kopar at Newton is a new launch condominium that offers urban luxury and well-spaced residential development.
- The project features copper accents, high-end facilities, and a convenient location near Newton MRT.
- Potential buyers should consider the unique design elements, unit sizes, and pricing compared to neighboring developments.
Project Details:
| Project Details | Kopar at Newton |
|---|---|
| Location | Newton |
| District | 09 |
| Developer | CEL Development Pte Ltd |
| Developer’s License No. | C0645 |
| Site Area | 11,644 sqm / 125,340 sqft |
| Solicitor | Dentons Rodyk and Davidson LLP |
| Project Account No. | OCBC Bank for Project Account No. 713-285567-001 |
| Architect | ADDP Architect LLP |
| Main Contractor | United Tec Construction Pte Ltd |
| Landscape Architect | Tinderbox Landscape Studio Pte Ltd |
| Mechanical & Electrical Engineer | To Be Announced |
| Address | Makeway Avenue |
| No. of Storeys | 2 Blocks of 23-Storeys |
| Payment Scheme | Normal Progressive |
| Mukim Lot No. | Lot 01355T – TS28 |
| Site Use | Residential Flat Development |
| Tenure | 99-years |
| Total No. of Units | 378 Units |
| No. of Car Park Lots | 378 Lots |
| Expected Date of TOP | 31 December 2023 |
| Expected Date of Legal Completion | 31 December 2026 |
Floor Plans:
| Unit Type | Floor Area (sqft) | No. of Units |
|---|---|---|
| 1 Bedroom Suite | 517 | 66 |
| 2 Bedroom Classic | 614 | 42 |
| 2 Bedroom Deluxe | 689 | 86 |
| 3 Bedroom Classic | 915 – 958 | 44 |
| 3 Bedroom Deluxe | 1,055 – 1,098 | 66 |
| 3 Bedroom Deluxe PH | 1,593 – 1,636 | 4 |
| 4 Bedroom Deluxe | 1,518 – 1,604 | 45 |
| 4 Bedroom Deluxe PH | 1,991 | 1 |
| 5 Bedroom Luxury | 1,819 | 21 |
| Premier Penthouse | 2,960 – 3,305 | 3 |
| Total | 378 |
- 2 Bedroom (689 sqft): Features a dumbbell layout with a spacious kitchen and living area.
- 3 Bedroom Deluxe (1,055 sqft): Larger than average 3-bedroom units with additional amenities like a bomb shelter and walk-in wardrobe.
- 5 Bedroom (1,819 sqft): Practical for big families with private lift access and ample living space.
Unit Mix:
| Unit Type | No. of Units | Size (sqft) | Current Prices (psf) |
|---|---|---|---|
| 1-Bedroom | 66 | 517 | $2,382 – $2,841 |
| 2-Bedroom Classic | 42 | 614 | $2,326 – $2,830 |
| 3-Bedroom Deluxe | 66 | 1,055 | $2,123 – $2,572 |
| 4-Bedroom Deluxe | 45 | 1,518 | $2,170 – $2,503 |
| 5-Bedroom Luxury | 21 | 1,819 | $2,184 – $2,527 |
Site Plan:
Price Range & PSF:
- Prices range from $2,300 psf for new launch units.
- Maintenance fees vary based on unit size and type.
Pricing Comparison with Nearby Condominiums:
Understanding the pricing dynamics between different condominiums in Singapore can help potential buyers make informed decisions. This article provides a detailed comparison of the pricing between Kopar at Newton and nearby People’s Park Centre, focusing on both sales and rental prices.
Kopar at Newton Pricing
| Unit Type | Area Size (sqft) | Price (From) | Price (To) | Price (psf) |
|---|---|---|---|---|
| 1 Bedroom Suite | 517 | Fully Sold | Fully Sold | – |
| 2 Bedroom Classic | 614 | Fully Sold | Fully Sold | – |
| 2 Bedroom Deluxe | 689 | Fully Sold | Fully Sold | – |
| 3 Bedroom Classic | 915 – 958 | Fully Sold | Fully Sold | – |
| 3 Bedroom Deluxe | 1,055 – 1,098 | Fully Sold | Fully Sold | – |
| 4 Bedroom Deluxe | 1,528 – 1,609 | Fully Sold | Fully Sold | – |
| 5 Bedroom Luxury | 1,819 | Fully Sold | Fully Sold | – |
| 3 Bedroom Deluxe PH | 1,593 – 1,636 | Fully Sold | Fully Sold | – |
| 4 Bedroom Deluxe PH | 1,991 | Fully Sold | Fully Sold | – |
| Premier Penthouse | 2,960 – 3,305 | Fully Sold | Fully Sold | – |
People’s Park Centre Pricing
| Unit Type | Area Size (sqft) | Price Range | Price (psf) |
|---|---|---|---|
| Various Units | 357 – 4,090 | $700,000 – $6.88M | $929 – $3,869 |
Rental Prices at People’s Park Centre
| Unit Type | Area Size (sqft) | Rent Range | Rent (psf) |
|---|---|---|---|
| 3 Bedroom | 1,400 – 1,800 | $1,700 – $7,000 | $1.13 – $4.38 |
| 4 Bedroom | 2,200 – 2,300 | $3,800 – $6,500 | $1.65 – $2.95 |
| 5 Bedroom | 3,000 | $6,950 | $2.32 |
Comparison
Sale Prices
Kopar at Newton:
- Prices for available units (4 Bedroom Deluxe and 5 Bedroom Luxury) range from $3.48M to $3.98M.
- Price per square foot (psf) is approximately $2,290 for the 4 Bedroom Deluxe and $2,190 for the 5 Bedroom Luxury units.
People’s Park Centre:
- Prices range from $700,000 to $6.88M.
- Price per square foot (psf) ranges from $929 to $3,869.
Rental Prices
People’s Park Centre:
- Rental prices for 3 Bedroom units range from $1,700 to $7,000 per month, with psf ranging from $1.13 to $4.38.
- Rental prices for 4 Bedroom units range from $3,800 to $6,500 per month, with psf ranging from $1.65 to $2.95.
- Rental prices for 5 Bedroom units are around $6,950 per month, with psf at $2.32.
Key Observations
- Kopar at Newton offers newer, more luxurious units with higher price points, reflecting its premium positioning and modern amenities.
- People’s Park Centre offers a wider range of prices and unit sizes, with some units being significantly more affordable on a psf basis, likely due to its older age and different target market.
- Rental prices at People’s Park Centre show a wide range, indicating varied demand and unit conditions.
In summary, Kopar at Newton is positioned as a high-end development with premium pricing, while People’s Park Centre offers a broader range of prices, catering to different budget levels and preferences.
Transport & Location:
Kopar at Newton is strategically located in the heart of Singapore, offering residents unparalleled accessibility and convenience. This development is designed to cater to the needs of modern urban dwellers, providing seamless connectivity and easy access to a plethora of amenities. Here’s a detailed look at its transport links and nearby facilities.
Accessibility
- MRT Stations:
- Newton MRT Station: Just a 4-minute walk from Kopar at Newton, this interchange station serves both the North-South Line and Downtown Line, ensuring residents can easily travel across Singapore.
- Novena MRT Station: Located approximately 923 meters away, Novena MRT offers additional connectivity options for residents.
- Bus Stops:
- Newton Rd – Newton Life CH (40129): A mere 3-minute walk from Kopar at Newton.
- Opposite Newton FC: Serviced by buses 48, 66, 66B, 67, 170, 960, and 960e, this bus stop is just a 2-minute walk away.
- Newton Station Exit B: Located 450 meters away, this stop is serviced by multiple bus routes, making it convenient for daily commuters.
- Expressways:
- Central Expressway (CTE) and Pan-Island Expressway (PIE): Both expressways are easily accessible from Kopar at Newton, providing quick routes to various parts of the island.
Nearby Amenities
- Shopping Malls:
- United Square Shopping Mall: Just 574 meters away, offering a variety of retail and dining options.
- Novena Square: Located 864 meters away.
- Square 2: Around 958 meters from Kopar at Newton.
- Orchard Road: A short drive away, this iconic shopping district offers extensive shopping and entertainment options.
- Food Centers:
- Newton Food Centre: A mere 2-minute walk from Kopar at Newton, this food center is renowned for its wide array of local hawker food.
- Schools:
- Anglo-Chinese School (Junior): Just 411 meters away.
- St. Joseph’s Institution Junior: Approximately 763 meters away.
- Anglo-Chinese School (Barker Road): Located 973 meters away.
- Farrer Park Primary School: Around 1,097 meters from Kopar at Newton.
Kopar at Newton offers exceptional convenience with its prime location in District 9. Residents benefit from excellent public transport links, including proximity to Newton MRT Station and multiple bus routes. The development is also well-connected to major expressways, making car travel a breeze. Additionally, the area boasts a wealth of amenities such as shopping malls, food centers, and prestigious schools, making it an ideal location for families and professionals alike.
Developer Reputation:
- CELH Development Pte. Ltd. has a solid track record in delivering quality residential projects.
- Consider the developer’s reputation for timely completion and construction quality.
Investment Potential:
When considering whether to invest in Kopar at Newton, it’s essential to weigh the pros and cons and examine key factors such as price appreciation, rental yield, comparative analysis, and future growth prospects.
Pros & Cons
Pros
- Prime Location: Situated in District 9, Kopar at Newton benefits from proximity to Newton MRT Station, reputable schools, and the Orchard Road shopping belt. This makes it highly attractive for both tenants and future buyers.
- Full-Fledged Facilities: The development offers a wide range of amenities, including a gym, swimming pools, and wellness facilities, enhancing its appeal to residents.
- Future Growth Potential: The area is set to benefit from significant infrastructure developments, such as the North-South Corridor and new residential projects, which are expected to drive property values up.
- Healthy Demand: Despite being a 99-year leasehold property, Kopar at Newton has shown strong sales performance, indicating robust demand.
Cons
- Leasehold Tenure: Compared to freehold properties in the vicinity, the 99-year leasehold tenure may be less attractive to some buyers, potentially impacting long-term value.
- Traffic Noise: The central location, while convenient, may also result in higher noise levels and traffic congestion, which could be a drawback for some residents.
- Maintenance Fees: The cost of maintaining the extensive facilities may be higher, particularly for smaller units, which could affect rental yields.
Key Factors to Consider
Price Appreciation
Kopar at Newton is well-positioned to benefit from ongoing and future developments in the Newton and Novena areas. The upcoming North-South Corridor and other infrastructure projects are expected to enhance connectivity and drive property values up. Additionally, the limited supply of new residential units in the area could further support price appreciation.
Rental Yield
The rental yield for Kopar at Newton is competitive, with an average yield of around 2.4% to 4.16% depending on the unit type. This is relatively attractive compared to other districts in Singapore, particularly given the prime location and high demand for rental properties in District 9.
Comparative Analysis
When compared to nearby developments, Kopar at Newton offers a more palatable entry price due to its leasehold status, while still providing modern amenities and a prime location. For instance:
- Pullman Residences (Freehold): Higher average price per square foot (psf) at around $3,000, but offers premium services and facilities.
- Newton Edge and Parc Centennial (Freehold): Older developments with lower psf prices ($1,378 and $1,429 respectively), but fewer amenities and less modern facilities.
Kopar at Newton’s newer build and comprehensive facilities make it a compelling option despite the leasehold tenure.
Future Growth
The Newton and Novena areas are slated for significant growth, with new residential and commercial developments planned. These projects are expected to increase the pool of potential buyers and tenants, thereby supporting both capital appreciation and rental demand.
Conclusion
Should You Get This Condo As An Investment?
Yes, Kopar at Newton presents a compelling investment opportunity due to its prime location, comprehensive facilities, and strong future growth prospects.
- Price Appreciation: The area is poised for growth, supported by infrastructure developments and limited new supply.
- Rental Yield: Competitive rental yields, bolstered by high demand in District 9.
- Comparative Analysis: Offers a modern, well-equipped option at a more accessible price point compared to freehold properties.
- Future Growth: Significant planned developments in the vicinity enhance the long-term investment outlook.
However, potential investors should consider the leasehold tenure and possible higher maintenance costs. Overall, Kopar at Newton’s strategic location and growth potential make it a solid choice for property investment in Singapore.
Considering an investment in a high-end development like Kopar at Newton?
Hey there! So, you’re eyeing an investment in the luxurious development of Kopar at Newton, ready to dive into the realm of high-end living and potential financial gains. Let’s delve into this exciting adventure with a detailed look at what sets Kopar at Newton apart from its neighbors!
First off, let’s talk about Kopar at Newton itself. Situated in the vibrant District 09, this gem boasts a strategic location near Newton MRT, making trips to the city center a breeze. Plus, with top-notch facilities like an infinity pool and concierge services, it screams luxury living!
Now, when we compare it to The Botany At Dairy Farm, we see a more suburban vibe with nature-centric amenities and a slightly lower price tag. It’s perfect for those seeking value in a serene setting.
Next up, we have Hillhaven Condo flaunting its urban farming areas and pickleball courts – catering to those with unique tastes looking for that perfect blend of luxury and tranquility.
And let’s not forget Lentor Modern, standing out with its integrated retail spaces and higher price point justified by convenience and comprehensive amenities.
In terms of future prospects, each development shines bright in its own way. From Kopar’s historical capital appreciation to The Botany’s promising infrastructure improvements – there’s plenty of potential waiting to be uncovered!