Guocoland have done it again! The Martin Modern condo is the newest addition to their magnificent real estate history. This prestigious property is located at the Martin Place near Orchard City Centre in Singapore. This property attracted one of the highest bids of $595M from Guocoland’s subsidiary company First Bedok Land Pte Ltd with a lease of 99 years.This property covers a gross area of 44,622 Square Meters(sqm).
The number of blocks and storey to be built will be advised at a later date.It is however good to note that the development has a 30 storey height restriction and a 20 storey height restriction in some other sections of the development. Due to a restriction cap by the River Valley Government Land Sales (GSL), the maximum number of units that can be constructed on this prime property is 450 only.
Martin Modern Government Land Sales Condo
The Martin Modern condo has attracted only the second highest bidding from investors interested in the property which is a sign of the confidence that they have with this project. This ensures that the units will be spacious but this will mean that the units are limited in number and may sell out very fast. Based on the government land sales programme, the development receive well interest from different developers in their bids for the plot of land The Martin Modern condo is located right in the heart of great recreational and transport amenities such as restaurants, hotel, public bus stations, schools and is only a few minutes’ drive to the city centre. The most accessible and popular amenities in the area include:
Government Land Sales Programme Martin Modern Singapore
Shopping Malls; Clarke Quay Central, Great World City Shopping Centre, Liang Court Shopping Centre.
Schools: River Valley primary School, Outram Secondary School.
Bus Stations: Great World City MRT Station.
Parks: Fort Canning Park and Pearl Hills’ City Park which is a short drive from the property.
Entertainment; Boat Quay Entertainment District, Robertson Quay and Singapore River.
The Martin Place residence, along with its residential units, is expected to have a long list of its own recreational facilities including; a swimming pool, an indoor gym, a tennis court, a children’s play area and a barbeque area. This will help to cater to the needs of those who wish to remain within the premises and still have an enjoyable time.
Martin Modern Guocoland Singapore Martin Modern
The floor plans for this residence are for 1,2 and 3 bedroom units facing either the Martin Road or the River Valley Road, but these plans are subject to changes by the developer.
The development is set to launch later this year when some of the restrictions are expected to be lifted but interested parties are advised to start booking now due to the limited spaces available.
The Martin Modern condominium is expected to be a great landmark in the city and will be an iconic achievement to Guocoland. Feel free to contact us for a comprehensive analysis of this great investment. A copy of the plan will be provided upon request to any interested parties.