Enhance Your Tenant Pool Opportunities at Normanton Park – Are You Fully Utilizing on It?

Previously an en bloc condominium, Normanton Park features 1,862 units and one of the largest land areas in the vicinity. With its expansive swimming pool and prime location, it is well-positioned to benefit from the upcoming Greater Southern Waterfront project by URA.

Normanton Park Pricing: A Competitive Option in a Prime RCR Location
Located in the Prime Rest of Core Region (RCR), Normanton Park offers prices that are lower than those of projects in the Outside Core Region (OCR), making it very attractive. While nearly all units have been sold, a few remain available, presenting a valuable opportunity for potential buyers.

Normanton Park was sold en bloc for S$830.1 million, setting a record for leasehold collective sales this year. On October 5, it was acquired by Kingsford Huray Development at the highest land rate for a 99-year leasehold collective sale site thus far this year.

Unlocking the Advantages of Normanton Park Condo

Strategic Location: Close to Science Park 1, NUS, Grab, Shopee, Dyson, and other thriving companies, providing access to a large tenant pool.
Proximity to Nature: Adjacent to Kent Ridge Park, offering a refreshing natural environment.
Stunning Views: Enjoy panoramic 360-degree unobstructed views.
Convenient Amenities: Near VivoCity, IKEA, Star Vista, Timbre+, and Holland Village for lifestyle conveniences.
Exceptional Pool Facilities: Home to possibly the largest pool facilities ever constructed in a condominium.
Affordable Maintenance Fees: Surprisingly low fees starting from $225 per month.

Nature Enthusiast's Paradise - Normanton Park's Key Attraction
One of the standout features of Normanton Park is its direct access to Kent Ridge Park, making it a top recommendation for nature lovers. During my site visit, I had the chance to enjoy the views of Normanton Park Condo from within Kent Ridge Park. The peace I found in nature was truly unmatched. After a long day, nothing beats a relaxing stroll through Kent Ridge Park while soaking in the natural beauty surrounding you.

Pond as part of Kent Ridge Park

Connectivity Considerations: The Advantage of Normanton Park

While some might view Normanton Park's location as remote due to its distance from an MRT station, experienced property investors often consider the balance between convenience and tranquility. Many believe that one must choose between a peaceful, exclusive setting and easy access to amenities such as wet markets, supermarkets, transportation hubs, and MRT stations. However, Normanton Park Condo offers a distinct advantage, providing relatively smooth connectivity for vehicle owners via Portsdown Road, Science Park Drive, and the Ayer Rajah Expressway (AYE). This ensures convenient access to NUS, companies in Science Park, IKEA, and other nearby facilities. For more details, refer to the location map below.

Investing in a Promising Future

Normanton Park presents much more than just beautiful greenery and impressive views. Significant developments are underway nearby, offering potential benefits for buyers in the coming years. A short distance away lies the upcoming Greater Southern Waterfront—Singapore's next major transformation project extending from Pasir Panjang to Marina East. This 2,000-hectare waterfront promenade is set to evolve into a vibrant live-work-play hub in southern Singapore.

Additionally, government initiatives like the CBD Incentive Scheme and Strategic Development Incentive Scheme aim to revitalize the Central Business District (CBD) and other key areas in Singapore. Owners at Normanton Park will benefit from being close to an even more dynamic city center in the future.

Not to mention, the development is just a short drive from the forthcoming 360-hectare Jurong Lake District, which will become Singapore's second CBD featuring a lively mixed-use business area that includes integrated tourism developments.

Everything Within Reach

Whether for personal residence or investment purposes, Normanton Park's proximity to One-North—a vibrant 200-hectare research and business park—along with numerous amenities makes it an attractive residential option on multiple levels.

Job opportunities and potential tenants are readily available in Science Park 1 and 2, Mapletree Business City, Fusionopolis, Biopolis, and Mediapolis. Nearby educational institutions include the National University of Singapore, INSEAD Asia Campus, ESSEC Asia-Pacific business school, Anglo-Chinese Junior College, Anglo-Chinese School (Independent), Crescent Girls' School, and New Town Primary School.

Shopping options in the area include Alexandra Retail Centre, Anchorpoint Shopping Centre, IKEA Alexandra, and The Star Vista. Food enthusiasts can enjoy Pasir Panjang Food Centre, Global Kitchens, and Timbre+.

Normanton Park also boasts excellent connectivity with major roads such as the Ayer Rajah Expressway (AYE), West Coast Highway, Kallang-Paya Lebar Expressway, and Marina Coastal Expressway providing quick access throughout Singapore. The Kent Ridge MRT Station is also conveniently nearby.

Location Map of Normanton Park Condo

Experience the Perfect Blend of Tranquility and Convenience at Normanton Park Condo

For individuals seeking a harmonious balance of peace and accessibility, a smart approach is to invest in a tranquil, exclusive home for personal use while also acquiring another property for rental income. This strategy offers an ideal mix of relaxation and financial gain.

While tenants often prioritize convenience over exclusivity, Normanton Park Condo uniquely combines both qualities. Located near Science Park 1 and Science Park 2, it caters to professionals looking for a blend of serenity and accessibility.

With 1,862 units, Normanton Park is set to be one of the largest condominiums in the area, featuring an expansive pool area. It ranks just behind Treasures @ Tampines, which has 2,203 units. The trend of large condominium developments began with D'Leedon (formerly Farrer Court), which included 1,715 residential units (including 12 semi-detached villas).

Examining the Pros and Cons of Mega Developments

Every property investment has its unique benefits and challenges. One significant advantage of mega developments is the reduced maintenance costs. With a large number of units, economies of scale come into play, leading to maintenance fees as low as $225 per month. This affordability allows homeowners to enjoy a wide range of facilities.

However, as a MEGA Development, Normanton Park has attracted several prominent brands to establish their presence within the complex.