Nearly two years after the developer was handed an no-sales licence and was subsequently banned from selling the Normanton Park private residential project is now able to go on the sell to the public.
There are however a number of conditions that apply with the selling of the units to safeguard the interest of homeowners according to the Urban Redevelopment Authority (URA) stated to The Business Times (BT).
The development, which is located in the District 5 area and adjacent to Kent Ridge Park, will be open to the public on January 2 2021, according to Kingsford Huray Development in a announcement on Thursday.
Normanton Park will likely be the biggest project to launch in 2021, judging by the total number of 1,862 housing units that are fitted with smart home features The Chinese property developer said.
It is anticipated that it will obtain the temporary occupational permit (TOP) in 2023.
Kingsford was granted an no-sale license on January 19, 2019 in connection with the construction project and prohibited the company from selling units until it had obtained the TOP, but it was able to continue construction.
It was discovered following that the Building and Construction Authority (BCA) found that some construction work, including barriers and windows at the other project by the company known as Kingsford Waterbay along Upper Serangoon View was in violation of the requirements of the regulatory. Residents furious at the incident reportedly complained to the Chinese company to the task over the poor quality of workmanship in construction.
Feedback from prospective buyers of another property, Kingsford Hillview Peak near the Hillview MRT station, was also considered at the time of the purchase, BT said.
Kingsford Waterbay was ordered to stop construction work in December 2017 and was then lifted once repairs were made. In addition the developer was penalized S$130,000 in July of 2017 for a series of safety violations in Hillview Peak. Hillview Peak work site.
The ban on sales was lifted on the 30th of November in Normanton Park, according to the Urban Redevelopment Authority’s (URA) website. A sales license was instead issued.
A URA spokesperson spoke to BT the following day that when giving the sales licence for the project the Controller of Housing had taken into account the fact the fact that Kingsford has completed its Waterbay Project “satisfactorily” with the certificate of legal accomplishment (CSC) and title issued.
It is also the Hillview Peak condominium also received its CSC as well as its titles and developers “has also taken steps to resolve the issues previously raised by the homebuyers”, URA stated.
To be able to use Normanton Park, one of the conditions for sale-licences is that all of its units must meet the Quality Mark evaluation prior to Kingsford is able to apply for TOP.
Kingsford announced in a statement on Thursday Normanton Park will seek to achieve the 100% Quality Mark certification, which is a measure of the quality of work within every unit of an upcoming private residential development. URA has told BT in the year 2019 that, in general, the requirement for this certification will be “so that homebuyers can be assured that their housing units are constructed and finished to a reasonable standard of quality”.
Normanton Park has 1,840 one to five-bedroom apartments and penthouses in nine towers with 24 floors that surround swimming pools. The apartments are sized from 45-65 square meters (sq meters) for one-bedroom units, and 150-167 sqm for five-bedroom units.
On the lower level are 22 two-storey sq m strata terraces , with direct access to the pool and an individual parking space.
Additionally to that, the area has eight commercial buildings, which include seven shops of 43-44 sqm and one restaurant with 104 square meters.
The prices are indicative and start at more than S$700,000 for condo one-bedroom apartments, and S$1 million for two-bedroom units. The price is approximately S$1.5 million for three-bedroom units with a price of S$2 million for four-bedroom units, and S$2.8 million for five-bedroom apartments.
The strata terrace houses have prices that range from about S$3.4 million. The commercial units start at S$2 million and up.
The development is situated near it’s location near the Southern Ridges green corridor, which comprises Kent Ridge Park, HortPark and Mount Faber Park. In close proximity to it are several business centers like Singapore Science Park 1 and 2, Mapletree Business City, Fusionopolis and Biopolis.
The five marketing agencies include ERA Singapore, Huttons Asia, OrangeTee & Tie, PropNex and SRI. The showroom and sales gallery can be found at 1 Normanton Park; visits can only be scheduled by appointment.
Kingsford is owned by Chinese-citizen-turned-Singaporean Cui Zhengfeng. The company acquired Normanton Park in Normanton Park site in October 2017 for S$830.1 million, making it one of Singapore’s biggest block purchases of the time.