Kingsford Normanton Park 

This new launch property is the former HUDC, Normanton Park was successfully en-bloc at $830.1 million. It was bought by Chinese firm, Kingsford Huray Development. The developer is no stranger to Singapore property market, Kingsford Hillview Peak and Kingsford Waterbay are their previous 2 projects in Singapore. Normanton Park estate near Kent Ridge Park has been sold for $830.1 million is one of the biggest collective sale deals done in 2017. The winning bid comes with an estimated $231.1 million additional payment to top up the lease to 99 years. There will also be a fee to top the lease to 99 years and redevelop the site to a gross plot ratio of 2.1. This translates to a land price of about $969 psf per plot ratio.

Situated in the west region of Singapore with a site area of 661,005 sq ft. Each owner at the 488-unit former HUDC estate will get between $1.68 million and $1.86 million.  The new high-rise development could potentially house more than 1,200 new residential units of 100 sq m.

Kingsford Normanton Park Location

Additional Details

• Developer: Kingsford
• Site Area:: Approx 661,000 square feet
• No. of units: Pending
• Units Mix: Pending
• Completion Year: 2022
• Tenure: 99