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CDL’s freehold Newport Residences sells 57% of units on launch weekend

Jovi Ho
Jovi Ho • 4 min read
CDL’s freehold Newport Residences sells 57% of units on launch weekend
Newport Residences sales gallery over its first preview weekend that began on Jan 16. Photo: City Developments
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City Developments’ (CDL) freehold Newport Residences sold 140, or 57%, of its 246 units on its launch weekend, as at 5pm on Feb 1.

Priced at an average of $3,370 psf (excluding the Super Penthouse), about 82% of buyers are Singaporeans, while 15% are Singapore Permanent Residents (PRs) from Indonesia, China, Malaysia, Canada, Germany, the UK and others.

According to CDL, all unit types were “well-received”, with one-, two- and three-bedroom units being “the most popular”.

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