Neuer Peter
On the weekend of March 19th-21st, Midtown Modern, a 99-year leasehold condominium by GuocoLand, saw an impressive response from buyers and investors. Over 60% of the 558 units on offer were sold during the launch weekend, with more than 60% of the available units being snapped up.
More than 60% of units at Midtown Modern condo sold on launch weekend
THE STRAITS TIMES
This is a testament to the popularity of Midtown Modern and the positive outlook of potential buyers and investors in this property. The successful launch weekend of Midtown Modern is indicative of its potential as a great investment opportunity.
It’s official: Midtown Modern is launching its new condo development soon and it has all the bells and whistles you’d expect from a top-of-the-line condo.
From modern amenities to stunning views of the city skyline, this is one launch that you won’t want to miss. Read on to learn more about what makes Midtown Modern so special!
Introducing GuocoLand’s Midtown Modern Condo
GuocoLand has proudly launched the Midtown Modern Condo at Tan Quee Lan Bugis. It is a luxurious condominium situated in the heart of Singapore’s Central Business District, offering an array of amenities and convenient access to public transport.
This project is a joint venture between GuocoLand, Hong Leong Holdings and Hong Realty (Private) with its sales gallery already open for preview.
This state-of-the-art development has a total of 6 large, double-storey homes priced from S$15 million to S$17 million and is the only CBD condominium with full facilities that include a tennis court and a 50-metre long pool, set in 1 hectare of lush greenery.
GuocoLand has also unveiled plans for Guoco Midtown II, an expansion of Guoco Midtown that will bring additional retail space and other amenities.
With its strategic location, luxurious facilities and spacious units, Midtown Modern offers an ideal investment opportunity for those looking for quality living in the city.
Overview of Midtown Modern
Midtown Modern is the latest residential launch from GuocoLand, located along Tan Quee Lan Street in District 7. It is a 99-year leasehold development, with expected vacant possession in 2026.
Midtown Modern comprises two 30-story towers, a retail podium and 10 thematic gardens and landscaped areas.
It houses 558 luxury condominium units, all designed to provide the convenience of urban living. The units are catered towards families, with a focus on luxurious garden homes.
Midtown Modern’s Leasehold & Vacant Possession
Midtown Modern is a 99-year leasehold development, with an expected date of vacant possession on 30 June 2026.
Beyond the typical condo unit mix of one to four bedrooms, Midtown Modern also offers a collection of six large double-storey homes that comes with private gardens.
With its prime location and extensive list of amenities, Midtown Modern is both a great investment and a great place to stay too.
Midtown Modern’s Location & Connectivity
Midtown Modern is strategically located in the heart of Bugis, providing you with convenient access and unbeatable connectivity. With Bugis MRT Interchange station right at your doorstep, you can easily get to any part of Singapore with the East-West and Downtown lines.
Additionally, Midtown Modern is also well-connected to major expressways such as East Coast Parkway (ECP) and Pan Island Expressway (PIE), making it easy for you to get around the city.
Midtown Modern’s Floor Plans & Site plans
Midtown Modern Floor Plan offers a good mix of spacious unit types ranging from 1 to 4 bedroom. The development also comprises 6 large double-storey homes.
You can download Midtown Modern Floor Plan in the link shared above.
These units provide excellent space and functionality for the occupants. The floor plans are designed to maximize space utilization with no wasted space and an efficient layout.
The site plan shows the development’s location in relation to its surroundings, including nearby amenities and transport links.
This makes it easy for potential buyers to get an idea of the development’s potential before they make their purchase decision.
Midtown Modern’s Unit Mix & Pricing
Midtown Modern offers a vast unit mix range, from one-bedroom units to five-bedroom penthouses. Prices start from S$1.17 million for a one-bedder to S$5.63 million for a four-bedroom unit, with the 3,520 sq ft five-bedroom penthouse selling for S$17 million.
In addition, eight 4-bedroom units and one of two penthouses were sold. With an average psf of around S$2,500, Midtown Modern is priced competitively compared to other new launches in the area.
The Collection of 6 Large Double-Storey Homes at Midtown Modern
If you are looking for a larger living space in the city, the collection of 6 large double-storey homes at Midtown Modern may be just what you need. With its two 30-storey towers, Midtown Modern comprises 558 luxury condominium units, and these 6 double-storey homes are located at the top of the building.
Priced at S$15 million each, these double-storey homes offer a unique lifestyle that is perfect for family and friends.
With their spacious layout and modern design, these houses are sure to provide plenty of comfort and convenience. And with its excellent location and connectivity, Midtown Modern is the perfect place to call home.
Why Invest in Midtown Modern?
Midtown Modern is a great investment opportunity due to its prime and vibrant location. Located atop the Bugis MRT station, Midtown Modern is surrounded by a number of amenities, including cafes, shopping malls, restaurants, and entertainment outlets.
The development also offers a unique green environment with larger units, making it an ideal choice for families looking to live in the city.
On top of that, Midtown Modern is a joint venture by GuocoLand Limited and subsidiaries of Hong Leong Holdings, giving investors added assurance of the development’s quality.
Location and Amenities
Midtown Modern is situated in a highly sought-after location, atop the Bugis MRT station. It is just a mere 5 minutes away from the Guoco Tower, and provides easy access to major shopping centres, schools, and entertainment hubs.
Furthermore, the development is surrounded by lush greenery and offers views of the Singapore skyline. Residents of Midtown Modern can enjoy a myriad of amenities such as a 50m lap pool, jacuzzi, gymnasium, BBQ pits, children’s playground, and more.
Its prime location in the Central Business District makes it an attractive investment location for property investors.
Type of Units
Midtown Modern offers a variety of unit types to suit different lifestyles and preferences. The development has two condominiums, Midtown Bay and Midtown Modern, with a mix of 558 residential units, ranging from 1-bedroom to 4-bedroom apartments.
Additionally, there are six large double-storey homes available for those who prefer more privacy and space.
All units come with high-end finishes and fittings, with the larger units featuring generous balconies for outdoor activities. With such a variety of options available, you can be sure to find the perfect fit for your lifestyle at Midtown Modern.
Potential ROI
The potential for return on investment (ROI) for Midtown Modern is sure to be impressive. With Intrepid Investments and Hong Realty (GuocoLand and subsidiaries of Hong Leong) driving the development, the high bid of $800.19 million is a promising sign that Midtown Modern will be a great investment.
The 5 million to S$17 million price tag on the 6 large double-storey homes is sure to bring in potential buyers looking to invest in the city. Residents of Midtown Modern will benefit from the luxurious condo design, green landscaping and proximity to amenities, all of which can lead to high rental returns or capital appreciation should you decide to sell in the future.
