The 4 Reasons Why Normanton Park Is The Next Best Investment
Singapore’s real estate market has enjoyed healthy growth for many years. There was still some positive growth during the current pandemic at the time of writing. As a results, many investors are convinced that Singapore real estate is one of the most resilient in the world. This article introduces a recently launched development that fits all the criteria of investment value in a property.
1. Affordable Entry Price / Low Entry Price
Normanton Park is attractively priced. One-bedroom apartments has been launched for sale between S$1,565 to S$1,867 per square foot. The two-bedrooms are priced between S$1,639 and S$1,867 per square foot. Three-bedroom units, most popular choice for buyers, are priced between S$1,577 to S$1,819 per square foot. Four-bedroom premium units are priced competitively at S$1,669 to S1,836 per square feet. For more information about Normanton Park price, do take a look at our updated prices here.
Normanton Park is sensibly priced considering that new projects around the One North area are currently asking above S$2,000. Profits from property investment is made at the point of entry and not during the point of sale.
Normanton Park’s value is also supported by future government development plans. With its proximity near the Greater Southern Waterfront master plans, investors can expect a healthy upside is sustainable.
2. Well Concocted Functional Living Space
In Normanton Park, Kingsford Huray is building homes where happy memories are created. Universally, a good home needs to provide safety, comfort and a personal space to live. The thoughtfully conceived interiors of Normanton Park floor plans for all its unit types attest to what a home is close to heart. Functional space in layout planning provides flexible and functional usage for members of the family to create cherish-able living experience with their loved ones. Quality home appliance and fittings helps support a comfortable and safe daily living.
A good range of one- to five bedrooms is made available to cater to different needs of buyers. Check out Normanton Park floor plan to download the full set of floor plans to help with your unit selection.
3. The Benefit Of Investing In Large Residential Projects
According to statistics, investors of large scale projects or mega projects stand to gain more than investors of smaller scale projects.
At the onset, the availability and number of facilities is a huge factor in their decision on what project to rent from. A larger development with more land space and more units allows for more variety in residents mix and more facilities for the residents to enjoy. More interactions can take place for residents enclaves to be formed to utilise the array of condo facilities. Residents/tenants can have satisfying and healthy interpersonal relationships. Smaller scale projects suffers in the lack of volume in units and feature less facilities to gain an upper hand in securing the best tenants.
From our experience in the real estate resale market, regardless of market conditions, mega projects will have more rental and sale transactions as compared to small projects. For investors, the higher transaction volume creates a better condition in “selling higher than my neighbours” because there is more demand in the development.
Normanton Park sits on more than 660,000 square feet of land space. Visit Normanton Park site plan to see how the extravagant land space is well organised, with 80% of the land dedicated to lush landscaping and optimal zoning of the condominium facilities to maximise the enjoyment of living there.
4. Excellent Rental Yield From Good Schools and The one-north Workforce
A major consideration when buying a property investment is good schools in the vicinity. According to statistics, properties within a 1.5km radius of popular schools enjoy a higher rental yield and a great resale value.
Normanton Park is located close to good schools like ACJC, CHIJ Kellock, Fairfield Methodist Schools and NUS, one of Asia’s top universities.
The development is also close to one-north Business Park. Affectionately referred to as the Silicon Valley of Singapore, the business park is home to many companies in the fore front of industries of biomedical science, info-comm technology and the media. With more tech giants such as Dyson joining the fray, Normanton Park is predicted to see a good rental yield for investors.
Normanton Park location near good schools and a growing tenant/buyers pool is a big advantage that will support a successful sell-out and helps to preserve the property value for owners.
