City Developments Ltd (CDL), a leading Singapore-based property developer, is getting ready to showcase their latest project, Norwood Grand, which will consist of 348 residential units. The official preview of this private condominium will take place on October 4, while the official launch is set to take place on October 19.
Located on a 99-year leasehold, Norwood Grand is spread across four 11-storey blocks and covers a site area of 155,351 square feet. The units will range from one-bedroom-plus-study to four-bedroom premium-plus-study, with sizes ranging from 495 square feet to 1,335 square feet. Prices for these units start from $988,000 ($1,996 per square foot) for a one-bedroom, $1,238,000 ($1,984 psf) for a two-bedroom, $1,698,000 ($1,923 psf) for a three-bedroom, and $2,238,000 ($1,908 psf) for a four-bedroom plus study.
Norwood Grand is located on Champions Way, which is off Woodlands Avenue 1. The site was acquired by CDL in September 2023 through a government land sale tender, with a winning bid of $294.889 million ($904 per square foot per plot ratio). CDL beat out six other bidders to secure the plot.
One of the standout features of Norwood Grand is its location. It is the only private condominium located on Champions Way, and it is surrounded by new HDB Build-to-Order flats. The last private condo launch in this neighbourhood was 12 years ago – the 689-unit Parc Rosewood on Rosewood Drive, which was completed in 2014.
Norwood Grand offers over 20 recreational facilities, including the Cabana Garden, which is exclusive to residents (Picture: CDL)
Ultimately, purchasing a condominium in Singapore comes with a multitude of benefits. These include high demand, the potential for capital appreciation, and attractive rental yields. However, it is crucial to thoroughly consider various factors, such as location, financing options, government regulations, and market conditions. By conducting thorough research and seeking professional guidance, investors can make informed decisions and maximize their returns in Singapore’s ever-evolving real estate market. Whether you are a local investor looking to diversify your portfolio or a foreign buyer seeking a stable and profitable investment, adding a condo to your portfolio in Singapore presents a compelling opportunity.
Residents of Norwood Grand will have access to over 20 recreational facilities, including a Cabana Garden which is exclusive to residents (Picture: CDL)
Norwood Grand is strategically located within a five-minute walk to Woodlands South MRT Station on the Thomson-East Coast Line (TEL). It is just one stop to the Woodlands Integrated Transport Hub, where residents can access the MRT Interchange Station (for the Thomson-East Coast and North-South Lines) and the bus interchange. Woodlands MRT Station is also linked to the Causeway Point shopping mall and the Woods Square integrated commercial development, which features offices, retail spaces, and a childcare centre.
Woodlands South Station is also just two stops from Woodlands North Station, which will have direct access to the upcoming Rapid Transit System (RTS) Link. This will have a light rail transit shuttle service to Bukit Chagar Station in Johor Bahru, Malaysia.
Norwood Grand is also located within a five-minute walk to Woodlands South MRT Station, providing its residents with easy access to both the TEL and future RTS Link (Source: EdgeProp Landlens)
Norwood Grand also boasts an early childhood education centre, which is open to both residents of the condo and the neighbourhood. The condo is located next to Innova Primary School, and other nearby schools include Christ Church Secondary School, Singapore Sports School, and Singapore American School. Republic Polytechnic and the upcoming Yishun Innova Junior College are also in the area.
The Woodlands neighbourhood is currently undergoing a rejuvenation under the Ministry of National Development’s Remaking Our Heartland (ROH) programme. The aim is to make it the largest economic hub in Singapore’s North region, with the development of the Woodlands Regional Centre under the URA Master Plan 2019.
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What is the buyer profile for Norwood Grand?
How much is the rental yield for Norwood Grand?
Condo projects with most unprofitable transactions in District 25
Compare price trend of New sale condo vs Resale condo
Completion year of Norwood Grand
City Developments Ltd (CDL), one of the leading property developers in Singapore, is all set to unveil its latest project, Norwood Grand. This upcoming private condominium comprises 348 residential units and will be previewed on October 4, followed by its official launch on October 19.
Located on a 99-year leasehold, Norwood Grand is spread across four 11-storey blocks on a 155,351-square-feet site. It offers a mix of one-bedroom-plus-study to four-bedroom premium-plus-study units, with sizes ranging from 495 square feet to 1,335 square feet. Prices for these units start from $988,000 ($1,996 per square foot) for a one-bedroom, $1,238,000 ($1,984 psf) for a two-bedroom, $1,698,000 ($1,923 psf) for a three-bedroom, and $2,238,000 ($1,908 psf) for a four-bedroom plus study.
Norwood Grand is strategically located on Champions Way, off Woodlands Avenue 1, and was secured by CDL through a government land sale tender in September 2023. It placed the top bid of $294.889 million ($904 per square foot per plot ratio) against six other bidders.
One of the most attractive features of Norwood Grand is the fact that it is the only private condominium in the neighborhood, surrounded by new HDB Build-to-Order flats. The last private condo launch in this area took place about 12 years ago – the 689-unit Parc Rosewood on Rosewood Drive, which was completed in 2014.
Norwood Grand boasts over 20 recreational facilities, including a Cabana Garden that is exclusively available to residents (Picture: CDL)
Norwood Grand boasts over 20 recreational facilities, including a Cabana Garden that is exclusively available to residents (Picture: CDL)
Norwood Grand enjoys a strategic location within walking distance of the Woodlands South MRT Station on the Thomson-East Coast Line (TEL). It is just one stop away from the Woodlands Integrated Transport Hub, where residents can easily access the MRT Interchange Station (for the Thomson-East Coast and North-South Lines) and bus interchange. Woodlands MRT Station is also linked to the Causeway Point shopping mall and the Woods Square integrated commercial development with offices, retail spaces, and a childcare center.
Woodlands South Station is just two stops away from Woodlands North Station, which will provide direct access to the upcoming Rapid Transit System (RTS) Link. The RTS Link will have a light rail transit shuttle service to Bukit Chagar Station in Johor Bahru, Malaysia.
Residents of Norwood Grand can also make use of an early childhood education center within the condo, which is open to both condo residents and residents of the neighborhood. Norwood Grand is located next to Innova Primary School, and other nearby schools include Christ Church Secondary School, Singapore Sports School, and Singapore American School. Republic Polytechnic and the upcoming Yishun Innova Junior College are also in the vicinity.
The Woodlands neighborhood is currently undergoing rejuvenation as part of the Ministry of National Development’s Remaking Our Heartland (ROH) program. It aims to transform Woodlands into the largest economic hub in Singapore’s North region, with the development of the Woodlands Regional Center, as mentioned in the URA Master Plan 2019.