3% Additional Disc Only For
- 2 bedder stack 14 & 10
- this project already pay up to 30% since launch.
- Mr Yip is a four-time President’s Design Award winner- Architect.
- ICN landscaping
- Botanica in the city.
- The only new launch with full condo facilities in D09 at this moment.
- 40% cheaper than land bidding from Jiakim.
- 4 bedroom Psf is higher than small unit Psf
- level 1-8 name it “Garden Suites” developer only launch it just before recently cooling measure.
- club lounge can cater up to 80pax.
- Stack 10 15th floor onward MBS view.
- ceiling height 3.2 meter
- ground floor & 30th floor 4.2m
- don’t have PH for this project.
- efficient layout
- $68 per share
- small unit 2/3 bed maintenance $408
- 3/4bed room $408+68
- show room 2+study layout is stack 04 face Martin place
- show room 4bed is stack 01
- show room 3bed is stack 12, 1421sqft type C4
#04-12 $3.79mil ($2667psf)
#09-12 $3.87mil ($2723psf)
The Martin Modern condo site, as an upcoming residential housing complex, may contain up to 450 residential housing units, though the actual number of units provided by the property developer may vary. In addition, the maximum gross floor area of the site measures at approximately 44, 622m² with the potential of 20-storey height restriction on one part of the development site, and up to 30-storeys for the rest of the Martin Modern Singapore plot. The released maximum building height in numerical terms is 153 meters Above Mean Sea Level (AMSL).
Located at the corner of River Valley Close and Martin Place, the Martin Modern address has been bought out by housing developer or one of the “property guru”, GuocoLand. Martin Modern GuocoLand placed the top bid for the private housing site just this past year. The highly desirable site attracted no less than 13 bids at a state tender when offered by Urban Redevelopment Authority (URA). With a site area of 15, 936.1 m², the future Martin Modern residential address has been leased for a 99-year period.
|Project Name||Martin Modern|
|Developer||First Bedok Land Pte Ltd|
|Address||35 Martin Place Singapore|
|Developer Sales Hotline||(+65) 8200-0070|
|Site Area||15,936 sqm / 171,471 sqft|
|No. of Units||Maximum 450|
|Expected Legal Completion Date||TBA|
There are, in earnest, numerous benefits for Martin Modern in the central area as afforded by and laid out in the government master plan. Additional features attractive to those residing in the area include:
- Expansion of spaces with skyline greenery.
- More car-free zones that will promote alternative forms of transportation such as walking and cycling.
- The incorporation of innovative principles of airflow into the area’s urban design to make the streets cooler.
- More eco-friendly buildings.
- Recreational attractions such as the Marina Barrage for recreational aquatic activities.
- The PubliCity initiative as proposed by the URA, more innovative design and programming to benefit the community.
The acquisition of the Martin Modern Martin Place development site by GuocoLand was achieved through the prominent housing developer placing the auction’s highest bid at S$595.1 million. This bid exceeded those of other prominent names in Singapore housing development, including the second-highest bid of S$588 million placed by a four-way partnership between TID Residential, Garden Estates, Hong Leong Holdings’ Intrepid Investments, and City Developer’s unit Verwood Holdings.
There is great potential for the land in the future which is probably what drew in the company. Everyone in real estate and property development knows that location is everything and that if a development is in the right location then the price doesn’t have the same impact on decision making. There is also the potential for great profit to be gained following the development, assuming that GuocoLand develops the spot.
When they develop the land, they are likely to build up to 20 storeys in parts, and 30 in others. That gives them great potential and it could be argued that they will be maximizing the land space if they do develop it.
Residents are likely to be drawn to the area once the development has been completed. There are several nearby transport stations including Orchard Station, Shenton Way Station, Marina Bay Station, Marina South Station, Garden by the Bay Station and East Coast Parkway. Typically, people look for transport connections when they are looking to purchase a property. Infrastructure matters a great deal to buyers. The area also houses several shopping centres and schools.
The area will, therefore, appeal to people of all ages from young singles wanting to spend their time at cafes, through to parents with children who have a different set of priorities. If future residents want to relax on the weekend or after their children have finished school they can easily do so at the nearby fort Canning Park, Pearl’s Hill City Park, The American Club and Tanglin Club.
About The Developer
GuocoLand is part of the Hong Leong Group and was founded in 1976. Since its formation in 1976, the company has grown substantially. The company is proactive and was listed on the Singapore Exchange in 1978. The group primarily focuses on property developments and has interests in residential, commercial and integrated developments. They have a very diverse portfolio, with commercial, hospitality, integrated developments and residential property. That gives them a huge footprint in the Singapore property and investment market. Holding 34 residential properties in Singapore alone, they have also invested in property in China, Malaysia, and Vietnam. According to the company’s website, they are worth approximately $7.9 billion and that is constantly growing.
The company is one of Singapore’s premier property development groups and has received various awards over the years. They have won awards for innovation and the environment. They place a huge emphasis on social responsibility. They aim to act with integrity at all times and they recognize employee performance. Their goal is to give back to the shareholders. The company cares about teamwork and wants all of their staff to have opportunities. They run training sessions to motivate their staff and they hold the belief that is one of the reasons they have been so successful.