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CDL launches highly-anticipated North Tower of luxury freehold development New Futura

  • 97% of 64-unit South Tower launched in Phase 1 snapped up, including a penthouse sold at S$36.28 million
  • 70% of 30 North Tower units released in Phase 2 sold since preview started on 11 May 2018
  • Average selling price of over S$3,500 psf for Phase 2

Following the robust demand for New Futura’s South Tower, CDL has soft-launched the highly-anticipated Phase 2 of the luxury freehold development, comprising the 60-unit North Tower.

Singapore, 15 May 2018 – City Developments Limited’s (CDL) 124-unit limited edition luxury freehold residential development, New Futura, has achieved overwhelming response. In January, Phase 1 of the upmarket development, comprising its 64-unit South Tower, was soft-launched and to date, 62 apartments (97%) have been sold, including the penthouse, achieving an average selling price (ASP) of over S$3,350 psf. The 7,836 square feet (sq ft) penthouse was sold for S$36.28 million or S$4,630 psf. 72% of the buyers were foreigners and permanent residents, mainly from Asia including China, Indonesia, Malaysia and South Korea.

Located on Leonie Hill Road in Singapore’s prime District 9, New Futura is highly desirable amongst well-heeled individuals. Designed by internationally renowned award-winning architect – Skidmore, Owings & Merrill LLP (SOM), New Futura’s two distinctive 36-storey towers are within a 10-minute walk to the famous Orchard Road shopping and entertainment belt.

Following the robust demand for the South Tower, CDL has soft-launched the highly-anticipated Phase 2 of New Futura, comprising the 60-unit North Tower. The preview started on 11 May 2018 and in the first weekend alone, 21 units (70%) of the 30 units released have been sold at an ASP of over S$3,500 psf. Majority of the units sold were bought by permanent residents and foreigners, and they were the larger apartments of up to S$10 million each.

Mr Chia Ngiang Hong, CDL Group General Manager, said, “We are very pleased with the strong response for New Futura. The Singapore residential market has continued to show promising signs of recovery. Propelled by pent-up demand, sales volumes are strengthening and property prices are trending up especially for high-end projects with strong value proposition. Foreigners are also returning to invest in Singapore’s high-end property market given the city’s attractiveness, economic stability, price recovery and value. New Futura is CDL’s most luxurious project to date. With its exceptional attributes, we are confident that New Futura will continue to attract savvy buyers and investors.”

The jewels of New Futura are its two highly exclusive ‘Bungalow in the Sky’ Grand Penthouses. Each of the 5-bedroom penthouses spans across two floors, covering 7,836 sq ft, and provides 360-degree panoramic views of the city.

The penthouse at the South Tower has been sold.

Tailored for super-luxe lifestyle – ‘Bungalow in the Sky’ Grand Penthouses and ultra-luxury super car lots

The jewels of New Futura are its two highly exclusive ‘Bungalow in the Sky’ Grand Penthouses. Each of the 5-bedroom penthouses spans across two floors, covering 7,836 sq ft. Providing 360- degree panoramic views of the city, they come with a 13-metre private pool, sauna and shower by the pool deck. Perfect for entertaining, they feature a limited edition, one-of-its-kind Poggenpohl Entertainment Kitchen next to the pool and its deck. Designed by Porsche and imported from Germany, they are the first two sets to be installed in a condominium in Singapore.

In a city where space is a premium, New Futura’s two-level basement carpark has over 250 luxury and ultra-luxury lots – designed to be extra wide to accommodate super cars.

All units at New Futura have private lift access and come with exquisite finishes and fittings, such as fully equipped kitchens with Miele appliances and Poggenpohl cabinets, and sanitary wares and fittings from Hansgrohe, LAUFEN and Geberit in the bathrooms.

Comprehensive facilities including six thematic sky terraces

New Futura features over 50 facilities including Infinity Lap Pool, Aqua Beds, Cabanas, Wellness Studio, Social Lounge, Pets’ Lawn and Epicure Dining. Residents and guests can enjoy private dining and alfresco barbecue at the dual-level clubhouse, and mesmerising city views at the six thematic sky terraces and fitness terrace.

In addition, Signature Residential Services with dedicated Residential Hosts are on hand to take care of residents’ requests, be it making restaurant reservations, booking travel arrangements or co-planning milestone celebrations.

New Futura is available for viewing by appointment only. For enquiries, please call the sales hotline:

(65) 8783 1818.