Singapore’s new Midtown
Midtown Modern tops March 2021 Residential sales
The private residential market in Singapore has heated up with a jump in sales and prices in the first quarter of 2021. Prices increased by 3.3 per cent quarter-on-quarter, and developers sold 3,493 private residential units (excluding executive condominiums) compared with the 2,603 units sold in the previous quarter.
One of the top-selling condominium projects in the first quarter was Midtown Modern. On its launch weekend in March, more than sixty per cent of the 558 units were snapped up. The unit price ranged from S$2,401 to S$3,501 per sq ft, with all unit types, from one-bedroom units to the 3,520 sq ft, five-bedroom penthouse, which sold for S$14.83 million.
The successful launch of Midtown Modern can be attributed to multiple factors. After all, the project is located within the precinct of tomorrow – Beach Road-Bugis – a place where the most dynamic companies in Singapore, signature food shops and retail outlets gather. It is part of GuocoLand’s upcoming mega integrated mixed-use development Guoco Midtown. The timeless project design integrated with lots of greenery appeals to buyers who want exclusivity, elegance and practicality with a human touch. In addition, the project offers unrivalled accessibility to every part of Singapore via the direct connection to the Bugis MRT interchange station. It is also the first family-oriented residential development in the Central Business District (CBD).
Human-Centric Biophilic Design by Award winner architect Yip Yuen Hong
Designed by four-time President’s Design Award winner Singaporean architect Yip Yuen Hong, Midtown Modern will feature more than ten thematic gardens and landscaped areas of more than one hectare, and a retail podium with more than twenty shops. To Yip, having big outdoor spaces reflects authentic luxury living.
From the level one hotel-like lobby, residents can travel up to an entirely different world, the garden and facilities deck at level three, via glass lifts. A unique light shaft designed to resemble a grotto lets natural sunlight into the lobby, altering the mood lighting for the area as the light condition changes throughout the day.
Expansive Amenities in Bugis
Midtown Modern’s other key selling point is its extensive range of amenities and direct connection to the Bugis MRT interchange station, served by both the Downtown Line (DTL) and East-West Lines (EWL). Besides the upcoming retail amenities in Guoco Midtown, there are many major shopping malls close by such as Suntec City, Bugis Junction, Bugis+ and Raffles City.
Some of Bugis Junction’s tenants include Cold Storage supermarket and Books Kinokuniya, while Suntec City hosts an exciting selection of F&B and stylish fashion trade-mix, in addition to Giant supermarket, cinemas and other entertainment choices.
The Bugis area is a haven for gastronomy connoisseurs, with fine dining restaurants aplenty. Some of the best fine dining restaurants are found in authentic, conserved shophouses, historical landmarks, or five-star hotels. Notable restaurants in the vicinity include the Michelin-starred Garibaldi at Purvis Street, Whitegrass at CHIJMES, 665°F at Andaz, Ash and Elm at InterContinental Singapore hotel, and Akira Back at South Beach.
For residents hosting their friends or relatives from overseas, there are many top-tier hotels in the area. One of the island’s most famous luxury hotels, the iconic Raffles Singapore, is located nearby. Immortalised in the novels of Somerset Maugham and Rudyard Kipling, the hotel has been a historic landmark in the area. Other luxury five-star hotels in the glitzy neighbourhood include the JW Marriott Hotel Singapore South Beach and Andaz Singapore.
A choice location for multinational corporations
Bugis has become the preferred choice for multinational corporations in the finance and technology sectors in recent years. Besides Guoco Midtown and the upcoming Shaw towers, the Grade A offices in Duo and South Beach house many regional headquarters of multinational corporations. Notable companies in the area include Abbott Laboratories, Mastercard, Chevron, Danish Toy company LEGO, pharmaceutical group Sanofi and Rabobank Singapore.
Cultural Tapestry
The reason why Bugis is appealing to talent and firms alike is its cultural heritage. Named after the Bugis people who established a settlement here during the 1800s, Bugis remains home to many historic buildings. Having modern developments side by side with conserved shophouses and landmarks, Bugis has become a rich cultural tapestry of the old and new, making it one of Singapore’s most Instagrammable district.
Bugis in the Next 10 years
Home buyers are looking towards the future and are buying with a longer horizon in mind. The transformation of Bugis has only just started. Under the URA Master Plan 2019, there will be more new park spaces and streetscape improvements to connect the arts and cultural precinct at the Bras Basah-Bugis, Fort Canning and Civic District that stretches from Kampung Glam to Rochor River. Kampong Bugis, which is situated at Kallang Basin, will be developed into a car-lite, community-centric and sustainable precinct.
Midtown Modern: The choice home for the present and the future
Beach Road-Bugis is an exciting district and appeals to those who love the buzz of city life and the setting within the vibrant arts, culture and heritage belt. It is an ideal location for innovative firms and the talent they seek to attract and will remain as the location of choice in the future. At the same time, its accessibility makes it a perfect place for young families, given that sought-after schools are just a train ride away.
Despite the appeal of larger units to families and property seekers who desire larger living spaces, there is a limited supply of four-bedroom units in the primary and secondary market in this unique district. The lack of such four-bedroom units in the CBD, coupled with a growing demand for them due to the increasing popularity of city living, will ensure the value of larger units is supported, with a tremendous upside potential when the transformation of the whole Bugis-Ophir-Rochor is completed. (Read the article: The model of City Living for more information)
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- Wallich Residence
- Martin Modern
- Meyer Mansion
- Midtown Bay
- Midtown Modern
SINGAPORE’S TALLEST ADDRESS
181 LUXURIOUS HOMES WITH UNPARALLELED VIEWS
Project Name:
Wallich Residence
Project Type:
Condominium
Project Address:
3 Wallich Street, Singapore (078882) / District 01.
Tenure:
Leasehold up to 99 years
Completion Year:
2017
KEY FEATURES
- Guoco Tower is a unique 5-in-1 integrated landmark development located in the heart of Singapore’s Central Business District, linked to and atop Tanjong Pagar MRT station.
- It integrates Grade A office space, 181 prestigious homes at Wallich Residence, dedicated retail and F&B space, a five-star business hotel designed for privileged experiences, and Singapore’s first double storey urban park.
- Inspired by Mr. Nathaniel Wallich, whose passion for botany led to the creation of Singapore’s first-ever Botanical and Experimental Garden at Fort Canning
- Wallich Residence is situated at the top of Singapore’s tallest building, starting from level 39 / 180m above sea level to level 64 / 290m above sea level
- Four levels of generous recreational facilities – including glass observation AirDecks at the Apex located on level 62 which offer a sweeping view from the city’s highest point
- Unit ranges from 1, 2, 3, 4 Bedroom, penthouses and one and only Super Penthouse
- Concierge services designed for privileged luxury
- A 150,000 sq ft Urban Park and a unique 30,000 sq ft City Room A vibrant hub for events and activities
LUXE BOTANICAL GARDEN HOME IN DISTRICT 9
Project Name:
Martin Modern
Project Type:
Condominium
Project Address:
8 Martin Place, Singapore (237992) / District 09 Junction Of Martin Place And River Valley Close, Orchard / River Valley,
Tenure:
Leasehold up to 99 years
Completion Year:
2022
KEY FEATURES
- 99 Years, District 9, A Home within a Botanical Garden
- Sprawling 1.6-ha land
- Luxurious amenities including a Secret Garden
- Walking Distance to Great World, Somerset and Fort Canning MRT
- Within close proximity to lifestyle amenities such as Robertson Quay, Orchard Road and Clarke Quay
- Within close proximity to established schools such as River Valley Primary School, School of the Arts and Singapore Management University
- Attractively priced 2, 3 and 4 bedroom units
THE FUTURE OF CITY LIVING
A collection of luxury homes at Guoco Midtown
Project Name:
Midtown Bay
Project Type:
Condominium
Project Address:
122 Beach Road, Singapore (189768) / District 07
Tenure:
Leasehold up to 99 years
Completion Year:
2022
KEY FEATURES
- Part of a mixed-use development Guoco Midtown that comprises premium Grade A office space, exclusive residences, public and retail spaces and the former Beach Road Police Station, a conserved building.
- Located within Central Business District, at the intersection of two key development corridors along Beach Road and Ophir-Rochor Road.
- Served by four MRT lines and Nicoll Highway, as well as the North-South Expressway in the future.
- It will rejuvenate the Beach Road by being the final critical piece of jigsaw that completes the transformation of the precinct.
- It will introduce a new way of luxury city living in response to the growing trend of live, work and socializing.
- Residents will have direct access to Midtown Hub -an exclusive urban social club that incorporates the best of business and leisure, it is a place to connect like-minded people to create opportunities for collaboration, and ideas to thrive.
THE SEASIDE ADDRESS FOR THE DISCERNING
Project Name:
Meyer Mansion
Project Type:
Condominium
Project Address:
79 Meyer Rd, Singapore (437906) / District 15
Tenure:
Freehold
Completion Year:
2024
KEY FEATURES
- The esteemed name of Meyer Road carries the prestige of a prime seafront residential district, where many affluent businessmen once built their holiday mansions along the coast in the 1800s. Today the Meyer Road address represents the most prime and coveted estate in the East Coast of Singapore and new freehold projects here are extremely rare.
- Inspired by the seafront mansions, 80% of the entire development will be devoted to landscaping and amenities.
- Through deliberate and careful design, Meyer Mansion’s vantage is elevated with floor to ceiling windows to maximise the stunning unblocked views of the sea and the surrounding landed enclave.
- There are 8 unique layout types, designed to capture the best views and to suit different demographic and lifestyle needs. Each layout has only 25 units.
- All units are thoughtfully designed to be efficient, functional and provide flexibility for adapting one of the bedrooms into multiple functions.
- About 80% of the entire development will be devoted to landscaping and amenities.
- Its strategic location gives you quick and easy access to major expressways such as ECP and MCE, which can get you to the city or the airport in less than 10 minutes.
- When the Thomson-East Coast MRT line’s target completion in 2023, the Katong Park MRT station will be just 6 minutes’ walk away, which will be directly connected to the Gardens By The Bay, Marina Bay and Orchard MRT stations.
NATURE IN THE CITY
Project Name:
Midtown Modern
Project Type:
Condominium
Project Address:
16, 18 and 20 Tan Quee Lan Street
Tenure:
Leasehold up to 99 years
Completion Year:
2026
KEY FEATURES
- A luxury residential project at the mega integrated development Guoco Midtown, a world class integrated development in the heart of CBD.
- Located directly above the Bugis MRT interchange station, Midtown Modern offers residents super-connectivity at their doorstep. They will enjoy the convenience of having direct access to both the East-West and Downtown Lines.
- Through Guoco Midtown’s network of underpasses and sheltered walkways, residents can have uninterrupted access to many shopping malls, offices, and two other MRT lines, namely the North-South and Circle Lines.
- Midtown Modern's twin towers are strategically orientated to maximise the views towards the magnificent scenery all around, including Marina Bay, Raffles Place, Orchard Road and Kallang Basin.
- With 558 units, full condo facilities amidst a lush natural setting, as well as concierge and networking amenities, Midtown Modern is perfect for family living in the city.
- Crafted by the same team that created Martin Modern, including four-time President's Design Award winner master architect Yip Yuen Hong of ipli Architects and project architect ADDP Architects; and landscape architect Chia Jui Siang, now a Partner of Ortus Design.
SINGAPORE’S TALLEST ADDRESS
181 LUXURIOUS HOMES WITH UNPARALLELED VIEWS
Project Name:
Wallich Residence
Project Type:
Condominium
Project Address:
3 Wallich Street, Singapore (078882) / District 01.
Tenure:
Leasehold up to 99 years
Completion Year:
2017
KEY FEATURES
- Located at the heart of Tanjong Pagar district and close proximity to the future Greater Southern Waterfront
- Within minutes to prominent cultural and lifestyle areas
- Inspired by Mr. Nathaniel Wallich, whose passion for botany led to the creation of Singapore’s first-ever Botanical and Experimental Garden at Fort Canning
- Wallich Residence sits at the pinnacle of Singapore tallest building, Tanjong Pagar Centre which is designed by world-renowned architects - Skidmore, Owings & Merrill
- Located from 39th to 64th floor, Wallich Residence is Singapore’s tallest residential development
- 181 exclusive residences consisting of 1 – 4 bedroom, units, four Penthouses and one Super Penthouse
- Four levels of generous recreational facilities – including a stunning infinity pool at level 39 / 180m and a glass observation AirDeck at Apex which offers a sweeping view from the city’s highest point
- Signature Wallich Concierge Service catered to the needs of residents
- A 150,000 sq ft Urban Park and a unique 32,000 sq ft City Room, a vibrant hub for events and activities
LUXE BOTANICAL GARDEN HOME IN DISTRICT 9
Project Name:
Martin Modern
Project Type:
Condominium
Project Address:
8 Martin Place, Singapore (237992) / District 09 Junction Of Martin Place And River Valley Close, Orchard / River Valley,
Tenure:
Leasehold up to 99 years
Completion Year:
2022
KEY FEATURES
- 99 Years, District 9, A Home within a Botanical Garden
- Sprawling 1.6-ha land
- Luxurious amenities including a Secret Garden
- Walking Distance to Great World, Somerset and Fort Canning MRT
- Within close proximity to lifestyle amenities such as Robertson Quay, Orchard Road and Clarke Quay
- Within close proximity to established schools such as River Valley Primary School, School of the Arts and Singapore Management University
- Attractively priced 2, 3 and 4 bedroom units
THE SEASIDE ADDRESS FOR THE DISCERNING
Project Name:
Meyer Mansion
Project Type:
Condominium
Project Address:
79 Meyer Rd, Singapore (437906) / District 15
Tenure:
Freehold
Completion Year:
2024
KEY FEATURES
- The esteemed name of Meyer Road carries the prestige of a prime seafront residential district, where many affluent businessmen once built their holiday mansions along the coast in the 1800s. Today the Meyer Road address represents the most prime and coveted estate in the East Coast of Singapore and new freehold projects here are extremely rare.
- Inspired by the seafront mansions, 80% of the entire development will be devoted to landscaping and amenities.
- Through deliberate and careful design, Meyer Mansion’s vantage is elevated with floor to ceiling windows to maximise the stunning unblocked views of the sea and the surrounding landed enclave.
- There are 8 unique layout types, designed to capture the best views and to suit different demographic and lifestyle needs. Each layout has only 25 units.
- All units are thoughtfully designed to be efficient, functional and provide flexibility for adapting one of the bedrooms into multiple functions.
- About 80% of the entire development will be devoted to landscaping and amenities.
- Its strategic location gives you quick and easy access to major expressways such as ECP and MCE, which can get you to the city or the airport in less than 10 minutes.
- When the Thomson-East Coast MRT line’s target completion in 2023, the Katong Park MRT station will be just 6 minutes’ walk away, which will be directly connected to the Gardens By The Bay, Marina Bay and Orchard MRT stations.
THE FUTURE OF CITY LIVING
A collection of luxury homes at Guoco Midtown
Project Name:
Midtown Bay
Project Type:
Condominium
Project Address:
122 Beach Road, Singapore (189768) / District 07
Tenure:
Leasehold up to 99 years
Completion Year:
2022
KEY FEATURES
- Part of a mixed-use development Guoco Midtown that comprises premium Grade A office space, exclusive residences, public and retail spaces and the former Beach Road Police Station, a conserved building.
- Located within Central Business District, at the intersection of two key development corridors along Beach Road and Ophir-Rochor Road.
- Served by four MRT lines and Nicoll Highway, as well as the North-South Expressway in the future.
- It will rejuvenate the Beach Road by being the final critical piece of jigsaw that completes the transformation of the precinct.
- It will introduce a new way of luxury city living in response to the growing trend of live, work and socializing.
- Residents will have direct access to Midtown Hub -an exclusive urban social club that incorporates the best of business and leisure, it is a place to connect like-minded people to create opportunities for collaboration, and ideas to thrive.
NATURE IN THE CITY
Project Name:
Midtown Modern
Project Type:
Condominium
Project Address:
16, 18 and 20 Tan Quee Lan Street
Tenure:
Leasehold up to 99 years
Completion Year:
2026
KEY FEATURES
- A luxury residential project at the mega integrated development Guoco Midtown, a world class integrated development in the heart of CBD.
- Located directly above the Bugis MRT interchange station, Midtown Modern offers residents super-connectivity at their doorstep. They will enjoy the convenience of having direct access to both the East-West and Downtown Lines.
- Through Guoco Midtown’s network of underpasses and sheltered walkways, residents can have uninterrupted access to many shopping malls, offices, and two other MRT lines, namely the North-South and Circle Lines.
- Midtown Modern's twin towers are strategically orientated to maximise the views towards the magnificent scenery all around, including Marina Bay, Raffles Place, Orchard Road and Kallang Basin.
- With 558 units, full condo facilities amidst a lush natural setting, as well as concierge and networking amenities, Midtown Modern is perfect for family living in the city.
- Crafted by the same team that created Martin Modern, including four-time President's Design Award winner master architect Yip Yuen Hong of ipli Architects and project architect ADDP Architects; and landscape architect Chia Jui Siang, now a Partner of Ortus Design.
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