Location, Location, Location
The location of a luxury property is crucial when it comes to pricing. In the case of Newport Residences and other luxury properties in Tanjong Pagar, the location is a determining factor. Newport Residences is located near the Central Business District, making it a prime location for professionals who want to be close to their workplaces. Other luxury properties in Tanjong Pagar that cater to the same clientele are The Clift, Icon, and Emerald Garden.
Design and Amenities
The design of a luxury property can also affect its pricing. Newport Residences has a contemporary, sleek look, with a focus on natural light and open spaces. The Clift, on the other hand, has a more eclectic design, with a mix of industrial and modern elements. Icon has a classic, minimalist design, while Emerald Garden has a more traditional, ornate look. Should you want to know more about the topic, https://www.thenewportresidencescondo.com.sg, to supplement your reading. Uncover worthwhile perspectives and fresh angles to enhance your understanding of the subject.
In terms of amenities, Newport Residences offers its residents access to a swimming pool, gym, and clubhouse. The Clift has a 24-hour concierge, a lap pool, and a gym. Icon has multiple pools, including a rooftop pool, as well as a fitness center and a function room. Emerald Garden has a tennis court, mini-golf course, gym, and Jacuzzi. The range and quality of amenities in each property can definitely affect the pricing.
Property Size and Layout
The property size and layout is another aspect to consider when it comes to pricing. Newport Residences has mostly one to two-bedroom units, with sizes ranging from around 500 square feet to around 1000 square feet. The Clift also has mostly one to two-bedroom units, with sizes ranging from around 500 square feet to around 1000 square feet. Icon has mostly two to three-bedroom units, with sizes ranging from around 700 square feet to around 1300 square feet. Emerald Garden has mostly three to four-bedroom units, with sizes ranging from around 1200 square feet to around 1800 square feet. The size and layout of the property can affect the pricing, depending on the demand for larger units.
Price Comparison
When comparing Newport Residences’ prices to the other luxury properties in Tanjong Pagar, it becomes clear that Newport Residences is on the more affordable side. According to Property Guru, as of June 2021, the average price per square foot for Newport Residences is SGD 2,118, while The Clift is at SGD 2,466, Icon is at SGD 2,462, and Emerald Garden is at SGD 2,135. The average price for a one-bedroom unit in Newport Residences is SGD 1,925, compared to SGD 1,912 in The Clift, SGD 2,201 in Icon, and SGD 2,105 in Emerald Garden. For a two-bedroom unit, the average price in Newport Residences is SGD 2,743, while it’s SGD 2,876 in The Clift, SGD 2,741 in Icon, and SGD 2,989 in Emerald Garden.
Conclusion
Considering the location, design, amenities, property size, and layout of Newport Residences and other luxury properties in Tanjong Pagar, it’s understandable to see why pricing varies between them. Newport Residences offers a more affordable luxury living option without compromising on quality. It’s up to the individual to decide which property best fits their needs and budget. Broaden your comprehension of the subject by exploring this external site we’ve carefully chosen for you. Visit this educational resource, get a more complete picture of the topic discussed.
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