Newport Residences
Anson Road / Tanjong Pagar, D02 · City Developments (CDL) (Hong Leong Properties, CDL Pisces Commercial, CDL Pisces Serviced Residences)
Overall score 7.6 out of 10. Rare freehold in the CBD, but the big units left are expensive. Newport is a freehold tower in the CBD with Cantonment Primary about 400 m away, a rare mix that suits owners who want to hold for decades or rent to CBD workers. It is 83% sold. Most units left are 1-bedroom, 1-bedroom + study and 4-bedroom Premium units, and the 4-bedrooms at about $4,412 psf lift the average far above District 2 resale. The 1-bedroom from $1.447M is the most practical entry.
This file includes an HDB upgrader affordability calculator, a break-even resale price calculator and a comparison with other launches in the same region.
Key facts
- Sales so far: 205 of 246 (83%) on 5 Nov 2026, 41 left (PropertyNet); 140 (57%) on the launch weekend
- Price: $3,370 psf average on the launch weekend (140 of 246 sold, 31 Jan to 1 Feb 2026, CDL); units left average about $3,721 psf (PropertyNet, 5 Nov 2026)
- Land cost: Not stated in the sources checked
- Completion: Expected around 2H 2027; vacant possession by 1 Mar 2030
- Lease: Freehold
- MRT: Prince Edward Road MRT (Circle Line, opened 12 Jul 2026) exit about 240 m, Tanjong Pagar about 400 m (straight line, OneMap)
- Food and shops: Tanjong Pagar Plaza Market and Food Centre about 400 m, Amoy Street Food Centre about 770 m (straight line, OneMap)
- Primary schools: Cantonment Primary about 470 m (straight line, OneMap); CHIJ (Kellock) about 1.7 km
Scores
- Location: 9/10. Prime city (7) + primary school within 1 km (+1) + CBD jobs within walking distance (+1)
- Entry price: 5/10. Units left average about $3,721 psf, about 75% above the District 2 condo resale median ($2,124 psf, all tenures, URA, 12 months to Sep 2026). The large 4-bedroom units left ($4,412 psf) pull the average up
- Exit plan: 7/10. Start 5; +1 over 60% sold; +1 MRT within about 500 m; +1 primary school within 1 km; -1 nearby supply (other Tanjong Pagar and Marina launches, and 51 Anson on the same road)
- Nearby food: 8/10. Hawker centre about 400 m and Tanjong Pagar food streets
- MRT closeness: 9/10. Prince Edward Road MRT exit about 240 m
Pros
- Freehold
- CBD jobs within walking distance; Tanjong Pagar MRT a short walk
- Cantonment Primary about 400 m
- 83% sold
- Expected to complete around 2H 2027, earlier than most launches here
Cons
- Units left average about $3,721 psf, about 75% above District 2 resale
- 17 of 18 four-bedroom Premium units unsold (from $8.28M)
- Small project (246 homes); resale depends on the CBD rental market
- Several other CBD and Marina launches compete for the same buyers
- 1-bedroom prices are higher than at launch ($1.298M then, $1.447M now)
Sources: PropertyNet · CDL: 57% sold at launch · OneMap (SLA), MOE, NEA and LTA data via data.gov.sg