Kopar at Newton’s competitive asking price, strategic location, proximity to amenities and renowned schools, along with its potential for resale and rental yield make it a promising investment option. The only notable drawbacks are the higher maintenance fees and potential issues with noise pollution and traffic congestion in the immediate vicinity.
Kopar at Newton is sold under leasehold tenure, which means that it will eventually return to the government after its lease expires. However, this is not necessarily a significant drawback as it is common for properties in Singapore to be sold under leasehold tenure.
The condo is located close to Newton MRT station and Orchard Road, providing easy access to many amenities such as shopping malls, supermarkets, and cinemas. Additionally, there are three renowned schools within a 1 km radius of the property which is a key consideration for entrance.
While there are no specific plans yet announced by URA regarding future developments around Kopar at Newton, the neighbouring Atelier project could potentially improve the overall landscape of the area over time.
Sale PSF Price
Kopar at Newton’s sale PSF price sits comfortably between the average PSF prices of District 9 and District 11 condos and provides great value for its strategic location within District 9.
The condo’s location in District 9 and proximity to amenities make it an attractive option for resale. Additionally, with future developments in the area such as The Atelier project next door, there could potentially be an increase in demand for properties in this region.
Based on rental transaction trends, there is a healthy demand for family-sized units across Singapore, with the 3 Bedroom units being more often transacted than the 1 Bedroom units. This makes Kopar at Newton a good option for landlords seeking tenants who are families with career professionals and young children.
Kopar at Newton is a new leasehold condominium located in District 9, Singapore. The development consists of 378 units of various sizes, ranging from one to five-bedroom apartments. Kopar at Newton boasts a range of amenities, including a swimming pool, gymnasium, BBQ pits, clubhouse, and playground.
Location: Kopar at Newton’s location has both advantages and disadvantages. On the plus side, the condo is located close to Newton MRT and a stone’s throw away from Orchard Road. This provides residents with easy access to shopping centers, restaurants, and entertainment options. Additionally, the development is located within a kilometer radius of three renowned schools: Anglo-Chinese School (Primary), Anglo-Chinese School Junior, and St Joseph’s Institution.
However, there are also some drawbacks to consider when evaluating the location. Firstly, the area can be highly congested during peak hours due to its proximity to major road networks like Bukit Timah Road and CTE. This could pose a challenge for drivers who are not used to heavy traffic or noise pollution.
Units: The units at Kopar at Newton have both strengths and weaknesses worth considering. The units’ sizes are generally comfortable with practical layouts suitable for young couples or families with children. However, some may find it an issue that there are no balconies provided which can potentially limit natural light flow and ventilation in certain unit types.
In terms of finishes and design elements, Kopar at Newton offers high-quality materials such as marble flooring in living rooms while providing large windows for natural light penetration into these spaces. The kitchens come equipped with branded appliances such as Bosch whereas bathrooms come furnished with fittings from Hansgrohe.
Price: Kopar at Newton’s price point is competitive compared to other similar properties in District 9. It offers an attractive entry price for a leasehold condominium in that district. The quantum for a 1-Bedroom starts around $1.1M to a maximum of $4.9M for the largest 5-bedroom unit.
In terms of rental demand, the three-bedroom units have been shown to be more frequently rented out compared to one-bedroom units, which could suggest that family-sized units might command better value in terms of rental yield.
Conclusion: Overall, Kopar at Newton presents an attractive investment opportunity due to its competitive asking price, strategic location, and proximity to renowned schools. However, potential buyers should consider the higher than usual maintenance fees and traffic congestion in the immediate area when evaluating whether this condo is suitable for their lifestyle. Additionally, as with all new developments, potential buyers must factor in the risks associated with buying into uncompleted projects.
Based on our analysis, we would recommend Kopar at Newton as an ideal investment opportunity for those looking for a well-located property with strong rental demand and capital appreciation potential in District 9.