Verified project facts
| Developer | City Developments Limited (CDL) |
|---|---|
| District / area | 2, Anson Road, part of the wider Newport Plaza integrated development, near Tanjong Pagar and Shenton Way |
| Tenure | Freehold (residential component) |
| Total units | 246 residential units, 1 to 4 bedroom plus a Super Penthouse |
| Launch date | Preview 16 to 27 January 2026, bookings from 31 January 2026 |
| Pricing as stated at review | From approx S$3,012 psf, averaging approx S$3,370 psf; indicative quantum 1BR from approx S$1.298m, 2BR from approx S$1.968m, 3BR from approx S$3.238m, 4BR premium from approx S$8.28m |
| Launch weekend result | 140 units sold, approx 57% of total, per CDL's own announcement |
| Expected vacant possession | 1 March 2030 (as reported at review) |
What the review found
Newport Residences is a genuinely scarce structural proposition: freehold tenure inside the CBD, where most land has been released under 99 year leasehold Government Land Sales terms for decades. The review frames the case as long horizon and capital preservation rather than yield, since psf pricing sits above nearby resale CBD stock, units start from the 23rd floor, and the developer has not disclosed an expected rental yield. Structural tailwinds cited include the URA's CBD Incentive Scheme and the Greater Southern Waterfront masterplan. CDL is one of Singapore's largest, most established listed developers, which the review scores as a genuine safety strength.
Read more
- Full Money, Timing and Safety review: Newport Residences 2026
- Freehold vs 999 year leasehold, is there really a difference
- District 2, Anson and Tanjong Pagar guide
Considering Newport Residences?
Run this specific unit against your income, holding period, and financing before committing.
Frequently asked questions
Is Newport Residences freehold?
Yes. The residential component is freehold, unusual for a Core Central Region CBD site, as reported at the July 2026 review.
How many units does Newport Residences have?
246 residential units, 1 to 4 bedroom plus a Super Penthouse, as reported at the July 2026 review. Confirm current availability with the developer.
Where can I read the full review?
The full Money, Timing and Safety review, including the bull and bear case, is linked above.
Winfred Quek is an Associate Marketing Consultant at Crestbrick Pte Ltd (CEA R073319H). This is an editorial reference page summarising facts as reported at the time of review; it is not a listing, an offer, or a guarantee of availability or price. Verify all figures with the developer and with URA before making any decision.