MIDTOWN BAY

Midtown Bay is the residential component sitting on Guoco Midtown integrated development site in Beach Road, Core Central Region of Singapore. Midtown Guoco Tower will comprise of commercial, offices and residential apartments, with a underground pedestrian pathway, 200 metres to Bugis Interchange MRT Station, serving the East-West Line and Downtown Line. The site, is bounded by Nicholl Highway, Beach Road and Rochor Road.

Being located in one of the most desirable location in Singapore. Midtown Bay is strategically at the intersection of two key development corridors along Beach Road and Ophir-Rochor Road.

Guoco Midtown is in this increasingly upmarket location, buzzling with growth and vibrancy. The development would be a welcome addition to the well-established commercial scene in the Beach Road, Bugis and Rochor precint, offering a diverse range of entertainment, cultural and lifestyle attractions.

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Midtown Guoco has a total gross floor area of approximately 950,500 square feet. It comprises 770,000 sq ft of premium Grade A office space; 30,000 sq ft of retail and entertainment; 219 units at its exclusive residences; and the former Beach Road Police Station, a conserved building, which was build in 1930s. The colonial-style building was accorded conservation status in 2002, and marked as a historic site in 2003.

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Prices At Midtown Bay
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Located in the HEART OF THE CITY

The area is within the bustling environment that, with the CBD master plan, promotes increased intra-city connectivity, with the continuing effort to connect people and places island-wide. It is expected within the next 10 years that the walking distance between the central area residential developments and an MRT station will be a mere five minutes. With an additional promotion of cycling paths to be implemented in the area, connectivity and reliable transport is a desirable upcoming feature of the central area. Cultural attractions and spaces for recreation will also be within walking distance, making the transition of work to play an easy prospect for families and individuals residing in the MIdtown Bay.

Together with Suntec City and new landmark developments such as South Beach Tower and the DUO, Guoco Midtown development would play a vital role in rejuvenating the CBD-fringe district into a world class commercial hub. Guoco Midtown will be "future ready" and "best-in-class" development that will take advantage of the large site and the spectacular views towards Marina Bay, Kallang Basin, Orchard Road and seaviews.

At Guoco Midtown, the office design will cater to companies in the new economy that want a dynamic and collaborative working environment. The residential project will target people who want a more engaging living environment. The retail and F&B spaces will offer F&B operators looking for a different environment to develop novel concepts. The entire development will be set in many lively and green public spaces, which will engage the community with year-round festivals and events.

Guoco Midtown is among the upcoming developments that will add to the supply of Grade A offices amid rising rents and an expected "peak" in the squeeze for space. Others include ASB Tower and Afro-Asia I-Mark, which are due for completion in 2020. The IOI Properties development in Marina Bay is set to be ready by 2022 as well.

LOCATION MAP and AMENITIES- MIDTOWN BAY

Midtown Bay Guoco Beach Road includes an underground space of 12,648 sqft for padestrain link to Duo Residences and to State Land at Tan Quee Lan Street. 

Midtown Bay- A Integrated Development- Amenities
When it comes to retail, dining, leisure and entertainment facilities, there are many at the doorsteps with the upcoming generous retail areas. For more dining and retail options, there is also the nearby Bugis Junction, Bugis+, Suntec City, Millenia Walk and Marina Square all within walking distance. There are also many eateries offer at Liang Seah Street and Tan Queen Lan Street which are just minutes’ of stroll away. Other shopping malls which are nearby include Raffles City, The Verge, Esplanade Mall, Peninsula Shopping Centre, Excelsior Shopping Centre, Funan DigitaLife Mall, Plaza Singapura, Marina Bay Sands Shoppes, The Central and Orchard Plaza.

To access to local delicacies, there are many food centres that are located close proximity to Beach Road such as Golden Mile Food Centre, Albert Centre Market & Food Centre, North Bridge Road Market and Food Centre, Tekka Market & Food Centre and Berseh Food Centre.

Midtown Bay by GuocoLand is also close to many recreation clubs and sports hubs which offers endless leisure activities.  The Jalan Besar Stadium Water-Venture at Kallang and the upcoming Singapore Sports Hub will offer countless land sports and sea sports facilities. Its site also also near to various parks, such as  Esplanade Park, Kallang Riverside Park and Fort Canning Park, which provides future residents a moment of tranquility and enjoyment of their surrounding greenery.

Amenities Near Midtown Bay

FACILITIES and SITE PLAN E-BROCHURE- MIDTOWN BAY

View Floor Plans HERE

RESIDENTIAL FLOOR PLANS E-BROCHURE- MIDTOWN BAY

View Price and Available Units HERE

• Make sure you check the measurement of each room which will give you the idea of the size of the room and how much of your furniture can fit into it. Always check which way the door will be swinging and the space that will be left empty after the door is opened or closed. Check if the windows embedded in the condo are as per your necessities. Sliding windows are demonstrated by thin empty line by the dividers, while casement windows, as a rule, come in sets.

• Do check whether room size matches your required area so that you do not have to face difficulty when fitting the furniture in the room. Make sure the total numbers of rooms mentioned in the floor plan are according to your family needs. Check the dimensions allotted to the kitchen. Make sure that every room has a separate entryway so that there is no hindrance to privacy.

• Check the measurements of the corridors as most people consider long passageways are generally viewed as a waste of space. Always check for natural lighting. This is a very important step for the ventilation and the aura of your home. Ensure you get enough morning and evening day light and the accessibility of sun shades. Ensure that there is appropriate cross ventilation in the house Condominiums usually do have room for the family maids. Make sure that there is one if you require it.

• Ensure that the cupboards are built-in in the condominium so that you do not have to spend extra money on installing new ones. Check which walls are structural and nonstructural for safe removal in the future. Structural walls are represented in the floor plan by thick bold lines while non-structural walls are indicated by thin lines. Check if storage room and pantry space fulfill your requirements. Also note that whether the washrooms are connected or common, according to your requirements.

WHY BUY MIDTOWN BAY NOW?

After enduring four years of decline, the property developers finally have some good news. The URA reported an increase of 5.4 percent in the private residential property. This is now attracting property dealers from all over the world. As you all may know, Singapore is an island and land will always remain a scarce commodity that’s why the prices of these properties are bound to increase in the long term.

Since Midtown Bay new launch condo is currently under construction, it offers a great option for buyers who are still saving the money for the initial down payment. By facilitating buyers with a progressive payment schedule, installments can be made every few months. These small installments represent a much more accommodating and manageable mortgage. If you buy an investment property, you can easily find a tenant that will help you pay down the loan and mortgage. You will be buying the property at the best price if you get it directly from the developer.

After the purchase, you can resell the property at a higher price. This is great for young people who are looking to settle down in a good place. The great thing about Midtown Bay new launch condominium is that there is no asset depreciation. So, if you sell the condo just before its completion, you have a chance of acquiring a higher profit.

Buying a Midtown Bay condo will prevent you from paying buyer’s commission because that will be paid by the developer. After each successful sale, the developer pays the agency which further pays the agents involved. The location of your condo will play a huge role in determining its value in the long run. You can also choose the unit you desire since Midtown Bay is newly launch, but you will have to act fast because condominiums sell out pretty fast.

This is ideal for buyers who are very choosy and particular about what kind of home they want. You will have the opportunity of securing units with better views which will eventually become very valuable on the open market. All you have to do is sign up and pre-register for the preview by contacting the developer’s marketing team members. To attract a lot of customers, property developers often offers many discounts and stamp duty reimbursements during the VIP and VVIP preview. All you have to do is choose your desired units, submit them with your cheque and leave the rest to the developer’s agent.

The developer’s marketing team will enlighten you regarding the all the particular details of Midtown Bay such as the pricing, floor plan, etc. during this preview. The value of these condominiums automatically increases the moment the developer removes the early bird discounts. These discounts will be saving you a lot of trouble of negotiating with the seller as well.

Anyone who has invested so much in property would want to be relieved from any further tensions and look forward to enjoying their latest purchase. You will receive Midtown Bay in brand new condition and can renovate it according to your taste and needs. Not that you’ll need any renovation because everything will be brand new and you will not have to deal with additional maintenance work.

But in case you face any issues in the condo, you won’t have to spend extra money to get it fixed because the developer offers you a one-year warranty on fixtures and fittings. The plus point about Midtown Bay is that you add your personal touch to it as everything will be according to your choice, and you will not have to deal with the previous owner’s choices. Midtown Bay also offer much better facilities than any other resale property.

Investing in a Midtown Bay newly launched condo does mean that you will have to wait to enjoy the luxury, but one thing that will help you get through it is that the wait and money are going to be worth every second and penny.

AVAILABLE BALANCE UNITS/ SOLD/ CHEAPEST PRICES PSF STARBUY- MIDTOWN BAY

View Site and Facilities Plans HERE

Guoco Midtown Bay is a new mixed development where the site was sold to GuocoLand, for $ 1.62 billion. The sale price will translates to a land cost of $1,706 psf per plot ratio on the potential gross floor area.

Cost of Land

The biggest item which determines the new condo price on the launch date is the price at which the land was acquired for the development. This cost of land is spread out across the size of the development so that the cost per square foot (psf) is established. This means that a piece of land with fewer condos may have a higher land psf than another similarly sized piece of land with more condos built on it.

Construction Costs

The cost of constructing the condos also influences the price at which those condos will be sold on the launch date. Construction companies have become so efficient that their construction costs for each square foot of a building don’t vary so much.

Developers want to make a good product that is of value to the consumers, and they need to generate healthy profits levels for their shareholders. With the most expensive items as land and construction costs, add on the administrative, sales and marketing expense, finance cost, profit margin we will arrive at the selling price.

Marketing expense for the project is around $200 psf. Construction costs including architecture design, is about $400 psf for a condominum.

• Administrative expenses: Staff costs, office rents etc..
• Sales and marketing expenses: Showflat building costs, commission for real estate agencies, advertising for the development, lawyer fees for conveyancing etc..
• Finance costs: interest expense paid to the finance institutions for financing the development.

Land Cost: $1,706 psf ppr
Construction Cost: S$400 psf
Marketing expense: S$200 psf
Profit margin: 20%
Estimated launch price: S$     psf

LOCATED IN HEART OF KEY GROWTH AREA

City Central Region, Singapore URA Master Plan 2014

Singapore Urban Redevelopment Authority URA Master Plan 2014 envisions some exciting developments for the whole of Singapore's central area including Tanjong Pagar, The Greater Southern Waterfront District,  City Hall, Marina Bay, Suntec and Bugis-Rochor area. The new prime City Central area will be a place for the people to engage community and arts, showcase Singapore's creative and artistic expression and links to Singapore's past and future aspirations. There will be more pedestrian- friendly precincts, public spaces and parks, night lightings and trees.

City Centre at Marina Bay is a unique and dynamic waterfront district, Garden City by the Bay, extending seamlessly from the CBD and it is zoned to be

• the next CBD, focusing on financial and business related activities
• More Commercial, residential buildings, hotel and entertainment spots are to be built.
• It will be a lifesytle destination for variety of water-based activities and events.
• Exensive road and rail network in the pipeline and 
• Padestrain bridges that loops attractions and open spaces around the Bay.

Marina South will have

• a new population catchment as it will have a residential district of 9,000 new homes, with mix-development plan of hotels, offices and entertainment
• elevated landscape walkway that links the Bay South Garden to Marina South seafront
• 800 metres padestrain walkway beween the upcoming Marina South and Gardens by the Bay MRT Station
• underground carpark that allows motorists to drive between buildings that reduce ground level traffic
• feaures that can collect rain water and harness wind energy
• continuous waterfront promenade will be creaed from Marina South to Labrador for joggers and cyclists.

Beach Road/ Ophir- Rochor will have abundant conveniences being in the heart of City.

• It will be further of the CBD with extension of convention, offices and hotel hub of Marina Centre
• There will be more developments of office cluster for financial business institutions.
• It will be turned into an exciting Commercial hub, blending with entertainment, cultural and lifestyle.
• It will be turned into a strategic transport hub, the area will be well connected by rail and road network to many parts of Singapore.

SHOWFLAT LOCATION- MIDTOWN BAY by GUOCOLAND

If you wish to visit Midtown Bay Showflat viewing, all you need to do is to schedule an appointment with us before coming around so as not to waste your time and avoid making a fruitless journey because our showflat may not be opened to the public on particular days and time.

Get amazing benefits as well as Direct Developer Discount. For additional enquiry, please get in touch with us at our Sales Information Hotline +65 90070868 for further details on the details of Midtown Bay Condominium. 

Get in touch with Midtown Bay Developer Sales Support Team.

It is important to deal with only with our authorized Developer Sales Support Team, you will get the best obtainable Direct Developer Discount. Get the latest information about Midtown Bay units today!

Midtown Bay Showflat is located along ................

Tastefully designed to maximise the usability and efficiency of the size, the geographical location, proximity to eateries and top schools, seek to attract many potential home seekers and upgraders to make Midtown Bay their dream home.

Do register early to book your Midtown Bay Showflat viewing appointment with us to have a feel of the luxurious and fine finishing by the developer after several detail plannings.

4 Simple things to take note before visiting Midtown Bay Showflat Gallery

1) We advise to check and know how much CPF you are able to use to purchase Midtown Bay Condo

2) Contact our Sales Team for our recommended trusted panel of bankers for your loan assessment

3) Are you affected by the TDSR? You will need to know the bracket which you are in

4) For the actual launch date, you will need to understand on how the balloting system works

Register Early to keep yourself update on the latest information pertaining to Midtown Bay. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.

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Thank you for Your interest in Midtown Bay

Be among the first to view and book Midtown Bay, a new life-style at Beach Road, at the lowest pre-launch price

Enjoy attractive prices before the official public launch. Be the first to secure your choice unit

• Latest updates on the development
• Priority unit choice and selection
• Enjoy early-bird VVIP Discounts
• Direct Developer price
• No Commission payable

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