LATEST UPDATE APRIL 2022: Normanton Park is down to its last 100 units. Of which, there are a good number of 3 Bedroom Premium units still available. If you’re considering to purchase Normanton Park, you can’t miss this layout. In this video, I dive deep to analyse the pricing of the 3 Bedroom Premium units left for sale, and comment on its future resale potential.
Normanton Park is located at the heart of Singapore’s burgeoning west-side revolution. Its neighbors include Science Park, Singapore Polytechnic, One-North and Mapletree Business City.
Based on the government’s plan to transform western Singapore into the next CBD, Normanton Park’s stock is likely to rise significantly in the near future due to this positive uptrend.
No matter if you’re an investor or own stayer, Normanton Park’s unbeatable location and attractive pricing makes it one of the most in-demand projects on the market today.
In fact, it was the best selling condo in 2021, and is set to continue its momentum into 2022.
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Find Out More About Normanton Park!
All About Normanton Park
Singapore’s emphasis on science, technology and trade will have a direct impact on Normanton Park. As the area is gradually upgraded to the next CBD and technological hub, Normanton Park is likely to reap the benefits and appreciate massively in value.
Normanton Park is also part of a well-established estate full of convenient amenities. Plenty of popular malls can be found nearby, such as IKEA, Queensway Shopping Centre and Star Vista.
Whether you’re looking to invest and make a handsome profit in future, or looking for a home to start and grow a family, Normanton Park can fulfil your property goals. Truly the best of both worlds!
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Contents
- Why should you invest in Normanton Park?
- What are the key project details?
- What are the pricing and unit floor plans?
- What are the transport options available?
- What are the nearby schooling and education options?
- What are the nearby amenities?
- How are District 5 properties faring in terms of numbers?
- What is the government’s plan to develop the area?
Why Should You Invest In Normanton Park?
✔ High potential for capital appreciation
✔ Mature neighborhood with plenty of amenities
✔ Located near Singapore’s next CBD
✔ Convenient location for ease of connectivity
✔ High rental demand from foreign professionals
What Are The Key Project Details?
| Project Name | Normanton Park |
| District | 5 |
| TOP Date | Second Half Of 2023 |
| Total Number Of Units | 1,862 |
| Tenure | 99 years |
| Unit Types | Residential + Commercial |
| Pricing Range | SGD$992,830 – SGD$2.9mil, depending on unit type |
| Facilities | Full condo facilities including a 150m and 50m swimming pools, BBQ pits, gym, tennis courts, function rooms etc. |
What Are The Pricing And Unit Floor Plans?
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What Are The Transport Options Available?
Normanton Park is the only development in Singapore located right on an expressway exit (AYE). This is a dream for drivers, as almost every location in Singapore can be quickly accessed via major roads/expressways like AYE, CTE, West Coast Highway, Farrer Road and Alexandra Road.
The nearest MRT station is Kent Ridge on the circle line, which provides even more convenient transport options for residents.
What Are The Nearby School And Education Options?
There are plenty of education options near to Normanton Park. Parents can choose to send their children to the following nearby schools:
Primary And Secondary Schools – New Town Primary School, Blangah Rise Primary School, Fairfield Methodist School, Queenstown Primary School
Junior Colleges And International Schools – Anglo-Chinese Junior College, ESSEC Business School, INSEAD
Polytechnics And Universities – Singapore Polytechnic, Ngee Ann Polytechnic, Singapore Institute Of Management, Nanyang Technological University, National University Of Singapore
What Are The Nearby Amenities?
Normanton Park is located within a mature estate with easy access to a wide range of amenities.
One of the more prominent landmarks in the area is One-North; a technological, social and recreational hub.
Other than having facilities to support business progress and entrepreneurial development, The Star Vista within One-North is also one of the area’s most popular hang-out spots.
Due to its strategic location, Normanton Park is near to everything. Town and CBD can be reached via a 10-15 minute drive, opening up even more entertainment, food and retail options for residents.
How Are District 5 Properties Faring In Terms Of Numbers?
Pricing Overview
District 5 property prices have never been healthier. As part of the government’s masterplan to rejuvenate the west of Singapore, properties in the area are enjoying a massive surge in prices.
That’s not to say that District 5 properties are not worth buying due to the high pricing. In fact, they can be one of the most value-for-money purchases in the market today.
That’s because the price ceiling has not been hit yet. When the west side transformation is complete around 2023-2025, that’s when prices are likely to peak.
This timeline coincides with the TOP date (late 2023) for Normanton Park. Which means that buyers today can benefit from the price surge from both the west side transformation, and the TOP upswing.
Capital Gain Overview
Existing owners of District 5 properties are laughing all the way to the bank! As explained above, west side properties in general have surged in value, especially within the last few years.
As the table above shows, the capital gain numbers are at very profitable levels, outperforming properties in most other parts of Singapore.
With the west side transformation far from over, Normanton Park buyers can potentially similar or even better capital gain profits.
Rental Overview
At this point of writing, the full rental potential of District 5 properties has not been fulfilled yet, even though numbers are still looking decent.
When Singapore’s next CBD and One-North transformation is complete 3-5 years from now, thousands of jobs will be created.
This will naturally lead to much higher rental demand, especially among employees looking for homes near their work places.
That’s when Normanton Park will be a hotbed for tenants, given its strategic location at the exit of an expressway, and close to several industrial/business/technological hubs in the area.
What Is The Government’s Plan To Develop The Area?
As mentioned above, Singapore’s next CBD will be located close to District 5.
The One-North region will also increasingly become a hot bed for businesses.
Household names like Grab, Shopee and Razer already have their headquarters there.
These transformations will trigger a widespread improvement in living conditions, amenities and accessibility, both in the near and long-term future.
If you’re buying a unit at Normanton Park for your own stay, District 5’s revolution makes it the ideal place to start and raise a family.
If you’re buying for investment purposes, Normanton Park is one of the area’s most affordable launches, with plenty of room to appreciate in price. Not forgetting the projected high rental demand when the transformation effects kicks in.
In other words, Normanton Park is an “undervalued” purchase at the moment. Probably one of the most highly sought-after condos on the market today!
If you’re keen to find out more about Normanton Park, and whether it’s the right buy for you, fill in your details below and I’ll contact you to share more!
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