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Midtown Modern

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Old 01-08-2020, 07:22 PM
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Default Midtown Modern

Midtown Modern is a new launch development located at Tan Quee Lan Street im Singapore's District 7. Flanked by North Bridge Road and Beach road, Midtown Modern Condo is set to be part of the wider Bugis transformation. In this vibrant location with Bugis Junction, Bugis + and Bugis Village nearby, this mixed-use development will further inject life into district 7. Midtown Modern price will be available soon.

Midtown Modern was sold for $800.19 million on September 5 2019 to a joint venture between Guocoland and subsidiaries of Hong Leong Holdings, namely Intrepid Investments and Hong Realty. This land price translates to $1,535 psf per plot ratio. There was only 1 other bid for the site, submitted by City Developments Ltd (CDL), at $1,473 psf ppr.

The site area for Midtown Modern is at 11,530.8 sqm. The maximum gross floor area (GFA) for this land parcel is 521,301 sqft and this could yield about 580 private resident units. There will also be commercial units on the first level.

Located in District 7 (RCR), Midtown Modern condo is part of the new prime residential district. Coupled with its prime location within the district, being right beside the Bugis MRT, Midtown Modern is set to be the signature residential project in Bugis.

Midtown Modern is located right beside the Bugis MRT interchange station for Downtown and East-West Lines. The downtown line allows residents to have direct links to Marina Bay, CBD and Chinatown. This prime location with direct connection to the MRT station serves as an attractive proposition for home owners as well as investors.

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