Newport Residences launched for public sales in January 2026. By the close of its opening weekend, 57% of the 246 units were sold. By March 2026, that figure had climbed to approximately 74%, leaving 65 units remaining. For a CBD new launch priced from around $3,200 psf, this pace of sales tells a clear story: the market had been waiting for something like this.
Project snapshot (as at March 2026):
Developer: Hong Leong Properties (CDL subsidiary)
Address: 80 Anson Road, Singapore 079907, District 2
Tenure: Freehold
Total units: 246 (Levels 23-45)
Unit sizes: 431 sq ft (1BR) to 2,067 sq ft (4BR Premium)
Prices from: approximately $1.41M (1BR)
TOP: 1 March 2030
Units remaining: approximately 65
Why This Launch Was So Anticipated
The last significant freehold new launch in Singapore's D1/D2 CBD corridor was well over a decade ago. Almost every major development in Tanjong Pagar and the CBD fringe over the past decade - including Wallich Residence in Guoco Tower, South Beach Residences, and Marina One Residences - has been on 99-year leasehold land. Freehold CBD addresses are simply not created anymore under the Government Land Sales programme.
Newport's site was previously the Fuji Xerox Tower, redeveloped under the URA's CBD Incentive Scheme - a programme encouraging conversion of older CBD office buildings to mixed-use developments. This scheme is one of the very few pathways by which freehold residential units can still be created in the CBD. Newport is the first private residence to emerge from this scheme, and there is no current indication of when another comparable freehold CBD launch will follow.
Pricing - What You Get at Each Level
| Unit Type | Size | Price from (approx) | PSF |
|---|---|---|---|
| 1 Bedroom | 431 sq ft | $1.41M | ~$3,200 psf |
| 2 Bedroom Premium | 710 sq ft | ~$2.3M | ~$3,200 psf |
| 3 Bedroom Premium | 1,206 sq ft | ~$3.6M | ~$2,982 psf |
| 4 Bedroom Premium | 2,067 sq ft | ~$6.6M+ | ~$3,200 psf |
These are indicative figures based on publicly available transaction and listing data as at March 2026. Contact Keith for live pricing from the developer.
The Location Advantage
Newport sits at the intersection of the CBD's financial core and the emerging Greater Southern Waterfront precinct. Immediately around it are Tanjong Pagar Centre (Guoco Tower), 100AM Mall, Icon Village, and a dense concentration of F&B and retail serving the area's daytime population of office workers and residents.
MRT connectivity is exceptional. The elevated pedestrian link bridge connects directly to Prince Edward Road MRT (CC32, Circle Line) without going outdoors - a significant quality-of-life benefit in Singapore's climate. Tanjong Pagar MRT (EW15) is a 6-minute walk, and Cantonment MRT (CC31) is nearby in the other direction, giving residents access to three MRT stations and two lines.
Who Bought and Why
The buyer profile at Newport has been predominantly Singapore Citizens and PRs - local long-term investors and owner-occupiers rather than foreign buyers. This reflects the broad trend post-April 2023 where the 60% foreigner ABSD has sharply reduced foreign participation in Singapore's residential market. The fast sales pace among local buyers confirms that the freehold CBD thesis resonates strongly with Singaporean investors who understand the rarity of the asset.
What Remains Available
As of March 2026, approximately 65 units remain - spanning 1-bedroom, 1BR+Study, 2-bedroom, 3-bedroom Premium, and 4-bedroom Premium configurations. The Super Penthouse (#45-01, 12,960 sq ft, $103.68M) remains available by private appointment. If you are considering Newport, the remaining selection is genuine but narrowing.
Check Newport's Current Availability with Keith
As an ERA Division Director, Keith can access live unit availability, current pricing, and arrange a direct showflat appointment with CDL.
WhatsApp +65 9750 1055Prices, availability, and project details are based on publicly available information as at March 2026 and are subject to change without notice. Contact the developer or authorised ERA agent for current figures. This article is for general information only and does not constitute an offer to sell or solicitation to purchase any property.