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Midtown Suite is the residential component sitting on Guoco Midtown integrated development site in Beach Road, Core Central Region of Singapore. The development 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; more than 200 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.
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 Suite 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.
An Overview on Why Buy Midtown Suite
- Well developed by Multi-awards and Top Developer GUOCOLAND
- Integrated development, located in the heart of key growth area
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Prices At Midtown Suite
1 Bedroom from
2 Bedroom from
3 Bedroom from
4 Bedroom from
5 Bedroom from
Penthouse from
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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 Suite.
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 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.
Guoco Midtown will be the "....... final critical piece of jigsaw that will complete the transformation of the area. It will redefine Beach Road area by introducing trend setting concepts for offices, retail and residential spaces" according to GuocoLand.
Midtown Suite Guoco- Well connected with MRT and Road Networks
Midtown Suite is on the outskirts of the Central Business District (CBD), well be served by Bugis, City Hall and Esplanade MRT Stations, the East-West, Downtown, North-South and Circle lines). Being the Interchange for East-West Line and Downtown Line, residents of Midtown Suite have the convenience of rail connection from Bugis MRT Interchange Station, to the financial and business hub at Raffles Place and Marina Bay and to the shopping, dining and entertainment destinations at Singapore River. There is also direct access to Singapore Changi Airport via East-Coast Parkway Expressway (ECP).
It will also connect the three major office micromarkets of City Hall, Marina Centre and Bugis. There will be a direct underground link to the Bugis MRT interchange station and above ground links to surrounding developments. It is served by major arterial roads in the city centre and the Nicoll Highway, as well as the North-South Highway in future.
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.
Midtown Guoco consists of x tower of x storeys residential block and x tower of commercial blocks. The unit configurations available at Midtown Suite will comprise from studio units up to 3 bedroom units and penthouses.
As at 3Q2017, the Beach Road-Ophir Road-Rochor corridor has more than 1.6 million sq ft of Grade-A office space, with average monthly gross rents of $8.50 psf per month.
The monthly rents of newer developments in the Beach Road area have an average rate of $10.30 psf per month. This brings it on a par with office rents in the Raffles Place area, where rents average $12.30 psf per month.
Midtown Suite Guoco- Developer
Midtown Guoco property guru, GuocoLand, is an award-winning developer across the Asian continent. Named one of the top ten property developers in Singapore as part of the BCI Asia Awards 2016, the major developer, stationed in Singapore, has worked on projects in the housing markets of China, Vietnam, and Malaysia as well as Singapore. The portfolio of the property company showcases residential, commercial, retail, hospitality, and integrated developments spanning across various Asian markets the company has invested itself in. The key aims of the company’s projects – as part of their corporate social responsibility – include environmentally green practices for sustainability, quality treatment of its residents and their communities, and innovative developments in GuocoLand business operations.
GuocoLand is creating a leading edge product here that will set benchmark in the outskirts of Central Business District. They have drawn experience obtained from Tanjong Pagar Centre and has uplifted the image of the Tamjong Pagar District, combined that with the best architectural design, environmental sustainability and efficiency to develop Midtown Guoco, to serve the growing "work, live, play" life-style trend. It is now perceived as a prime office location and leisure destination in the Central Business District. In the same way, Guoco Midtown will redefine the Beach Road area by introducing trend-setting concepts for office, retail and residential.
More creative talents often move to midtown locations as they prefer working in more vibrant districts.
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Project | Midtown Suite by GuocoLand |
Developer | GuocoLand |
Location | Beach Road |
District | 07 |
Tenure | 99 years lease |
Site Area | sqft |
GFA: | 88,312 square metres/ 950,592 square feet |
Plot Ratio | |
Expected TOP Date: | |
Total Units | Approximately 200 residential apartments |
Total Carpark | |
Development | A Mixed Development integrated with Bugis MRT Interchange and comprising of office space, retail commercial and residential component |
Unit Type: | |
Architect | |
Eligibility | SC, SPR and Foreigner can buy |
Midtown Suite Guoco Condo Unit Mix Distribution | |||
---|---|---|---|
Unit Type | Type | Area (Square Feet) | Total No. of Units |
1 Bedroom | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
4 Bedroom | TBA | TBA | TBA |
5 Bedroom | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
Midtown Suite Guoco Condo Facilities | |||
Midtown Suite Guoco Condo Price List | |||
---|---|---|---|
Unit Type | Area (Square Feet) | Pricing | PSF |
1 Bedroom | TBA | TBA | TBA |
2 Bedroom | TBA | TBA | TBA |
3 Bedroom | TBA | TBA | TBA |
4 Bedroom | TBA | TBA | TBA |
5 Bedroom | TBA | TBA | TBA |
Penthouse | TBA | TBA | TBA |
Midtown Suite 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 Suite Guoco- 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 Suite 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.
Category | Important Amenities Near Midtown Suite Guoco | Approximate Distance |
Train Stations | Bugis (EW12/DT14) Downtown Line Due 2015 | 0.3km |
Bus Stop | Bef New Seventh Storey Hotel (Bus: 48, 57) Opp The Gateway (Bus: 100, 107, 107M, 961, 961C, 980) The Gateway (Bus: 100, 107, 107M, 961, 961C, 980) Parkview Square (Bus: 7, 32, 51, 61, 63, 80, 145, 175, 197, 851) |
0.1km 0.1km 0.1km 0.2km |
Supermarkets | Cold Storage NTUC Sheng Siong Shop N Save |
0.4km 0.5km 0.9km 0.9km |
Shopping Malls | Shaw Towers Bugis Junction Bugis+ Bugis Village Suntec City Concourse Shopping Mall Golden Mile Complex Millenia Walk Sim Lim Square Marina Square Raffles City The Verge Esplanade Mall Peninsula Shopping Centre Excelsior Shopping Centre Funan DigitaLife Mall Plaza Singapura Marina Bay Sands The Central Orchard Plaza |
0.3km 0.4km 0.4km 0.4km 0.4km 0.5km 0.7km 0.7km 0.8km 0.8km 0.9km 0.9km 1.0km 1.2km 1.2km 1.3km 1.5km 1.7km 1.8km 2.0km |
Schools | Preschool | |
PCF Kampong Glam Blk 2 PCF Kampong Glam Blk 462-3 Rosemary Hall Montessori Kindergarten Kampong Kapor Methodist Church Kindergarten PCF Jalan Besar Blk 806 Foochow Methodist Church Kindergarten Christ Church Kindergarten |
0.5km 0.7km 0.9km 1.0km 1.1km 1.4km 1.8km |
|
Primary | ||
Stamford Primary School Farrer Park Primary School St Margaret’s Primary School |
0.8km 1.8km 2.0km |
|
Secondary | ||
Outram Secondary School | 3.6km | |
Junior College | ||
Catholic JC | 4.0km | |
Tertiary | ||
Singapore Management University | 1.8km | |
International | ||
Swedish Supplementary Education School | 3.0km | |
Food Centre | Golden Mile Food Centre Albert Centre Market & Food Centre North Bridge Road Market/Food Centre Tekka Market |
0.1km 0.4km 1.0km 1.2km |
Lifestyle | Kampong Glam Constituency Sports Club War Memorial Park Singapore Recreation Club People’s Association HQ Esplanade Park Kallang Riverside Park PA Water-Venture – Kallang Jalan Besar Stadium The Legends Fort Canning Park Marina Bay Golf Course Singapore Sports Hub PWD Sports Club Singapore Indoor Stadium HomeTeamNS @ UE Shopping Mall Civil Service Club @ Tessensohn Singapore Khalsa Association |
0.4km 0.8km 0.9km 1.1km 1.1km 1.1km 1.1km 1.2km 1.5km 1.5km 1.6km 1.8km 1.8km 1.8km 1.9km 1.9km 2.0km |
The Facilities and Site Plan of Midtown Suite Guoco are currently seeking approval from relevant authorities.
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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.
In Singapore residential market, the price gap between HDB versus the private residential market is widening. Base on DBS, it states that Bull Case would see Annual Private Home demand of 17,250 units.
Base on our analysis, our projection for new home demand will come from
1) Household formation
2) Upgrader demand and
3) Foreigner purchases for investment.
The current en-bloc craze has seen developers investing close to S$34 Billion into Singapore property market (S$26 Billion in en-bloc transactions and S$8 Billion into Government Land Sales (GLS) programmes. With a total of 6,500 households displaced, the near term demand over the next two years could rise above the historical norm.
Projected base Population Growth of 6.5 million by 2030 is expected to have a positive impact on Private Home Property Market as demand is projected to remain above historical average of 12,000 units per year.
Register HERE for a presentation to understand why the property market is heading towards an unstoppable uptrend.
Since Midtown Suite 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 Suite 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 Suite 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 Suite 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 Suite 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 Suite 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 Suite 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 Suite also offer much better facilities than any other resale property.
Investing in a Midtown Suite 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.
View Site and Facilities Plans HERE
Guoco Midtown Suite is a new condo, for $ . The sale price of $ 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.
Land Cost: $ psf ppr
Construction Cost: S$400 psf
Marketing expense: S$200 psf
Profit margin: 20%
Estimated launch price: S$ psf
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
Marina South will have
Beach Road/ Ophir- Rochor will have abundant conveniences being in the heart of City.
Capitalising on Bugis and Bras Basah rich architectural and cultural heritage, URA is embarking on urban renewal efforts to transform it dramatically into Singapore's art, culture. learning and entertainment district.
From the cultural enclave of Kampong Glam to National Arts Gallery in the Civic and Cultural District to high skyscappers in Marina Bay, this growth area in Midtown Suite Condo promises residents a 24/7 city lifestyle. New major landmark developments will transform the city skyline, offering prestigious address locations and spectacular views out across the city. Strategic developments with conservation buildings will continue to inject vibracy, turning it into a lively art and education place, as an emerging commercial hub that will complement Singapore financial district.
If you wish to visit Midtown Suite Guoco 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.
No Agent Fees! 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 Suite Guoco Condominium.
Get in touch with Midtown Suite Guoco 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 Suite Guoco units today!
Midtown Suite Guoco 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 Suite Guoco their dream home.
Do register early to book your Midtown Suite Guoco 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 Suite Showflat Gallery
1) We advise to check and know how much CPF you are able to use to purchase Midtown Suite Guoco 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 Suite Guoco. Alternatively, you may contact our Developer Sales Personnel for a non-obligated discussion.
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