While smaller CBD apartments have long dominated developer sales pitches, Newport Residences flipped the script during its launch weekend on January 31, 2026, with larger units driving the bulk of its impressive 140-unit sellout from a 246-unit inventory.
Newport Residences defied CBD norms as larger apartments outsold compact units during its strong 140-unit launch weekend performance.
The 57% sell-through rate marked a notable departure from typical CBD buyer behavior, where compact one-bedrooms usually vanish first while spacious layouts linger.
City Developments Limited’s decision to delay the project from 2023 to 2026 proved strategic, allowing Newport to dodge property cooling measures and reposition itself as functional urban housing rather than a speculative play.
This timing shift caught the Central Core Region market at a moment when buyers were actively differentiating between use-case and speculation, creating ideal conditions for a mixed-use development.
The project’s freehold tenure stands out as genuinely rare for CBD residential offerings in Singapore, providing long-term value security that reduces speculative perception while supporting owner-occupancy narratives.
Positioned at 80 Anson Road in District 2, the development benefits from walking distance to two MRT stations, with Tanjong Pagar serving as the primary access point.
The relocation of Tanjong Pagar Port Terminal to Tuas Port opens expansion opportunities within the Greater Southern Waterfront corridor, reinforcing the area’s development trajectory.
Pricing spans a wide range, with one-bedroom units starting from S$1.298 million at S$3,012 per square foot, while two-bedroom configurations begin at S$1.968 million.
The overall PSF range stretches from S$2,147 to S$8,488, accommodating various lifestyle segments from practical owner-occupiers to premium penthouse buyers across the 1- to 4-bedroom spectrum.
Nikken Sekkei Ltd., the architect firm behind Tokyo Skytree and Singapore Rail Corridor Masterplan designs, handled the project’s design.
The single tower structure occupies levels 23-45 for residential units across a 54,802-square-foot site, creating boutique density positioning.
With 131 carpark lots including handicap-accessible and super-penthouse spaces, the development addresses CBD resident convenience while integrating retail and commercial components into its mixed-use plaza.
Newport achieved recognition as the first private residences awarded BCA Green Mark Platinum Super Low Energy, distinguishing its environmental credentials within Singapore’s residential landscape.
The development includes a dedicated residential host team providing hotel-like convenience through housekeeping arrangements and selected transport services.
The residential component sits separately from 198 serviced apartments that occupy their own stack within the 45-storey tower.
