Reading Time: 6 minutes
Newport Residences is one of the most anticipated freehold luxury launches in Singapore’s Core Central Region (CCR) in 2026. Developed by the reputable partnership of UOL Group and Singapore Land Group (SingLand), this mixed-use development rises along Anson Road in District 2 (Tanjong Pagar), comprising approximately 246 residential units positioned above a commercial podium. In a market where genuinely freehold CCR new launches are rare — most new developments are on 99-year leasehold sites — Newport Residences stands out as a generational ownership opportunity in Singapore’s premier business and lifestyle district.
What Is Newport Residences?
Newport Residences occupies the site of the former Fuji Xerox Towers on Anson Road — a heritage commercial address that has now been comprehensively redeveloped into a landmark mixed-use project befitting the evolving Tanjong Pagar skyline. The development integrates residential units on the upper floors with commercial and retail components on the lower podium, creating a live-work-play environment at the heart of Singapore’s most dynamic CBD fringe district.
UOL Group brings a strong development track record to Newport Residences. UOL’s residential portfolio includes celebrated projects such as The Tre Ver along Potong Pasir, Avenue South Residence (one of Singapore’s tallest residential developments), and the internationally recognised Park Eleven in Shanghai. SingLand’s involvement adds additional commercial development expertise. Together, the partnership signals a commitment to design quality and build standard commensurate with the premium freehold pricing that Newport Residences commands.
The freehold tenure is the defining characteristic of Newport Residences. While most new launches in Singapore — including many in the CCR — are on 99-year leasehold land, Newport Residences’ freehold status means there is no lease decay, no diminishing asset value as decades pass, and full flexibility for inter-generational wealth transfer. This tenure advantage is particularly significant in District 2, where land scarcity and CBD proximity make freehold sites exceptionally rare and difficult to replicate.
Newport Residences Floor Plan Overview
Newport Residences offers a curated selection of approximately 246 residential units across a range of configurations designed to serve discerning CCR buyers — from young professionals seeking a city-centre pied-à-terre to established families and high-net-worth investors looking for a premium freehold trophy asset.
| Unit Type | Size Range (sqft) | Key Features |
|---|---|---|
| 1-Bedroom | 540–600 sqft | Private lift lobby, fitted kitchen, city views |
| 2-Bedroom | 807–893 sqft | Ensuite master, floor-to-ceiling windows |
| 3-Bedroom | 1,109–1,238 sqft | Junior master suite, utility room, balcony |
| 4-Bedroom | 1,496–1,765 sqft | Dual ensuite, expanded living-dining |
| Penthouse | ~3,283 sqft | Panoramic city views, premium finishes throughout |
All units at Newport Residences are served by private lift lobbies — a feature that is standard in boutique CCR luxury developments but reinforces the exclusivity of the product. Floor-to-ceiling windows maximise the panoramic city views that the Anson Road elevation affords, and fitted kitchens with premium appliances are standard across all configurations. The relatively compact unit count of 246 residential units means the development retains a boutique character despite its landmark scale.
Best Stacks at Newport Residences
Stack selection at Newport Residences is primarily about view corridors — the development’s Tanjong Pagar address means the surrounding built environment is dynamic, and floor level matters significantly for securing unobstructed views.
Marina Bay View Stacks: High-floor units on stacks oriented towards Marina Bay will enjoy sweeping views of the Marina Bay Sands, Gardens by the Bay, and the broader bay waterfront. These are the most premium stacks in the development and will command the highest psf pricing. The panoramic scale of the Marina Bay view from upper floors is genuinely iconic and represents one of Singapore’s most coveted residential outlooks.
City Skyline Stacks: Stacks oriented towards the CBD and Shenton Way skyline offer a dramatic urban view that many city professionals — particularly those in finance — find compelling. The density and verticality of the Raffles Place and Shenton Way skyline creates a striking night-time view that distinguishes this address.
South-Facing Units for Cooler Afternoons: Singapore’s equatorial climate means west-facing units receive intense afternoon sun. South-facing stacks benefit from reduced direct solar heat gain in the afternoons, improving thermal comfort and reducing air-conditioning load. For owner-occupiers, south-facing units offer a meaningful quality-of-life advantage.
Floor Clearance for Unobstructed Views: Given the density of the Tanjong Pagar neighbourhood — including Guoco Tower (Singapore’s tallest building at 290m), International Plaza, and other commercial towers in the vicinity — buyers should target upper floors that clear the immediate surrounding buildings for genuinely unobstructed view corridors. As a general guide, mid-floor units and above will benefit from partial or full view clearance, while lower floors may face partial obstruction from neighbouring structures.
Why Anson Road / Tanjong Pagar Is Prime CCR
The Tanjong Pagar precinct is arguably Singapore’s most dynamic urban district, and Anson Road sits at its heart. The locational fundamentals underpinning Newport Residences are among the strongest of any new launch in Singapore in 2026:
MRT Connectivity: Tanjong Pagar MRT (East-West Line) is within walking distance, providing direct connectivity to Raffles Place, City Hall, Jurong East, and Changi Airport. The upcoming Cantonment MRT station on the Circle Line extension will add another transit node within the neighbourhood, further enhancing connectivity.
CBD Employment Hub: Shenton Way, Raffles Place, and Marina Bay Financial Centre — three of Singapore’s premier financial and commercial clusters — are all accessible within 10–15 minutes on foot or one MRT stop. Residents of Newport Residences will predominantly work in the CBD, making commute times negligible and lifestyle integration seamless.
Guoco Tower and Tanjong Pagar Centre: Guoco Tower, Singapore’s tallest building, is a short walk away and houses premium office space, a luxury hotel (Sofitel), retail, and a supermarket. This mixed-use behemoth has transformed the Tanjong Pagar streetscape and continues to drive foot traffic and vibrancy to the precinct.
Hawker Heritage: Lau Pa Sat (Telok Ayer Market) and Maxwell Food Centre — two of Singapore’s most celebrated hawker centres — are close by. This combination of high-end amenities and authentic hawker culture is distinctively Singaporean and a powerful draw for both locals and expatriates.
Future Cantonment MRT: The upcoming Cantonment MRT on the Circle Line extension will provide Newport Residences residents with a second nearby MRT station, connecting them to the Circle Line network and offering an alternative route to Marina Bay, Botanic Gardens, and beyond.
Freehold vs Leasehold CCR — Why It Matters
The freehold vs leasehold debate is one of the most consequential considerations in Singapore property ownership, and it is particularly relevant in the CCR context.
A freehold property in Singapore is owned in perpetuity — there is no expiry date, no lease decay, and no eventual reversion of the land to the state. By contrast, a 99-year leasehold property begins depreciating in value as the lease shortens, with this decay accelerating in the final 30–40 years of the lease. For the same development, freehold tenure typically commands a 10–15% price premium over a comparable leasehold project — a premium that buyers justifiably pay for the peace of mind and long-term value retention.
For investors, freehold tenure in the CCR provides a significant advantage in terms of resale marketability. Sophisticated buyers — particularly foreign purchasers and high-net-worth individuals — are acutely sensitive to tenure when purchasing premium CCR properties. A freehold address holds its appeal across buyer generations, while a leasehold property increasingly faces headwinds as the lease shortens.
The generational wealth transfer advantage of freehold is equally compelling. Parents purchasing Newport Residences can hold the property for decades and eventually transfer it to their children — or lease it as an income asset across generations — without the spectre of lease decay eroding the asset’s value. In a city-state with constrained land supply and no new freehold CCR sites in the pipeline, this scarcity premium will only intensify over time.
Newport Residences Indicative Price
Newport Residences is expected to be priced in the range of $3,000–$3,800 psf, reflecting the freehold tenure premium, CCR location, and the luxury specification of the development. Based on this psf range, indicative entry prices by unit type are approximately as follows:
- 1-Bedroom (540–600 sqft): ~$1.6M–$2.3M
- 2-Bedroom (807–893 sqft): ~$2.4M–$3.4M
- 3-Bedroom (1,109–1,238 sqft): ~$3.3M–$4.7M
- 4-Bedroom (1,496–1,765 sqft): ~$4.5M–$6.7M
- Penthouse (~3,283 sqft): Price on application
These are indicative figures and subject to confirmation at the official launch. Actual pricing will vary by floor, stack, and unit type, and is subject to market conditions at launch.
Target Buyer Profile:
Singapore Citizens (First Home): Citizens purchasing their first residential property pay 1% BSD on the first $180,000 and 2% on the next $180,000, scaling upward. With zero ABSD for first-property Singaporean citizens, Newport Residences is fully accessible without additional stamp duty costs — making it attractive for high-income Singaporean professionals purchasing a prestigious city-centre home.
Decoupled Investment Buyers: Married Singapore citizen couples who have decoupled their property ownership structure — where one spouse holds the family home and the other holds zero properties — can each qualify as first-time buyers on their respective next purchases, potentially accessing the 1-ABSD (first-property) rate or avoiding ABSD entirely on future acquisitions.
Singapore PRs with First-Property Status: Permanent Residents purchasing their first residential property pay 5% ABSD. For PRs targeting a freehold CCR home as their primary residence, Newport Residences represents a compelling long-term hold — the freehold tenure and CBD proximity justify the ABSD cost as part of the total acquisition cost.
Prospective buyers should engage a licensed property consultant to model their total acquisition cost (including BSD, ABSD where applicable, and legal fees) before committing. TDSR and MSR regulations apply to all mortgage financing, and buyers should assess affordability carefully given the quantum involved.
💬 Interested to learn more?
WhatsApp or call +65 8488 8648 now!
Buy, Sell, Rent or just want to learn more — message me 7 days a week.
CEA Reg. No. R072324C · ERA Realty Network Pte Ltd · Alvin Tan
???? Get a Free Property Valuation from Alvin
Need an honest, data-driven valuation on this project, your existing property, or a comparison? WhatsApp Alvin Tan directly — CEA-licensed, ERA Realty, no obligation. Same-day reply during office hours.
- ✅ Free showflat priority booking
- ✅ ABSD + BSD + financing eligibility analysis
- ✅ Floor plan packs & price list (where available)
- ✅ HDB upgrader pathway planning