Yip says the take-up rate showed “pent-up demand” for Newport Residences, part of the 45-storey Newport Plaza on Anson Road.
City Developments’ (CDL) freehold Newport Residences sold 139 of its 246 units on its Jan 31 launch, with sea-facing two-bedroom units fully sold, according to Mark Yip, CEO, Huttons Asia.
In addition, “almost all” one-bedroom units facing the sea were snapped up, adds Yip. Around 79% of units at Newport Residences are one- and two-bedroom apartments, with configurations of up to four-bedroom units.
