Kopar at Newton by Chip Eng Seng Corporation Ltd
Kopar at Newton by CEL is the upcoming condominium development, centrally located along Kampong Java Road, District 9, Singapore, developed by Chip Eng Seng Corporation Ltd (CES). The project has site are of 11,643.3 sqm. Approximately of 436 units with units mix ranging from 1-bedroom to 5-bedroom.
The plot of land at Kopar at Newton (Former Kampong Java Road Condo) belonging to the Urban Redevelopment Authority. On Jan 15th, The tender for Kampong Java Road Condo is closed and drew seven bids. The top bid came from CELH Development, a unit of Singapore-listed construction and property developer Chip Eng Seng Corp with the coast of $418.8 million (translate with $1,192 psf ppr). The re-development is into a new private condominium. According to Tricia Song, Colliers International head of research for Singapore said that The Kampong Java site was the first private residential land on the Confirmed List of the government land sale (GLS) that was put up for launch since the minimum average unit size guidelines was announced in October.
About CEL Development Pte Ltd
AWARD WINNING DEVELOPER
CEL Development Pte. Ltd. (CEL) is a wholly-owned subsidiary of Chip Eng Seng Corporation Ltd, a public listed company in Singapore since 1999.
Spearheading the Group’s portfolio in property development, CEL has over the years established itself as one of the industry’s fastest rising names. With development projects in Singapore, Australia and Vietnam, CEL has established impressive growth in recent years.
Being a dynamic organisation, we’ve built our success on the foundations of solid ethical practices and quality standards supported by our vast expertise in the areas of construction, property development and property investment.
With a strong synthesis of youth and experience in our ranks, we are able to leverage on these expertise as a Group to continually push benchmarks in construction and quality, much akin to our corporate vision.
CEL’s vision: “To be a leading multi-discipline property development company of choice, one that is synonymous with creating quality homes with outstanding build quality and investment value, thereby creating sustainable value to its shareholders and customers and being a socially responsible corporate organisation.”
And with our valued standard practices and dynamic approach, we aim to scale higher heights in the coming years and strive to deliver our promise of quality homes for today and tomorrow.
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