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Midtown Bay Condominium Updates
: Various Layouts Available at Midtown Bay Mix Development in Bugis
29-Sep-2019: Have Any Questions? Contact Our Midtown Bay Developer Appointed Sales Team Hotline (+65) 6100-8687 For Further Assistance.
17-Aug-2019: Ideal Investment to capitalize on expansion of the Central Business District
14-July-2019: Check out the latest site plan and floor plans for Midtown Bay here.
11-Apr-2019: Upcoming Development located in the CBD by Guocoland.
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Midtown Bay Project Information
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[av_row row_style=”][av_cell col_style=”]Project Name[/av_cell][av_cell col_style=”]Midtown Bay[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Address of Development[/av_cell][av_cell col_style=”]Beach Road Singapore[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Project Developer[/av_cell][av_cell col_style=”]Guocoland[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Tenure[/av_cell][av_cell col_style=”]99 Years Leasehold Development[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]District[/av_cell][av_cell col_style=”]09[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Site Area[/av_cell][av_cell col_style=”]226,249 sqft[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]Gross Floor Area[/av_cell][av_cell col_style=”]950,592 sqft[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]No of Blocks[/av_cell][av_cell col_style=”]05[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]No of Storeys[/av_cell][av_cell col_style=”]33[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]No of Units[/av_cell][av_cell col_style=”]219 Units[/av_cell][/av_row]
[av_row row_style=”][av_cell col_style=”]TOP[/av_cell][av_cell col_style=”]30 Dec December 2022[/av_cell][/av_row]
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Register Interest Here
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Location of Midtown Bay
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One of the main draws of the Emerald of Katong is its rich heritage. The area has a long history dating back to the 19th century, known for its bustling trade and thriving Peranakan culture. Today, remnants of this heritage can still be found in the traditional shophouses and colorful facades that line the streets, adding a touch of nostalgia to the modern landscape.
Aside from its cultural significance, Tanjong Katong is also a hub of activity, with a plethora of lifestyle amenities to cater to residents’ every need. From popular malls and supermarkets to charming cafes and local eateries, there is no shortage of options for shopping and dining. For those seeking a bit of outdoor recreation, the area also has several parks and green spaces, perfect for a leisurely stroll or a fun family outing.
Living in the “Emerald of Katong” also means being part of a close-knit and vibrant community. The neighborhood’s residents are a diverse mix of locals and expats, creating a unique and welcoming atmosphere. The area is also known for its active community events, such as food festivals, cultural celebrations, and volunteer initiatives, making it easy for residents to get involved and form meaningful connections.
Bagnall Haus Roxy Pacific Holdings offers a one-of-a-kind chance to relish in the finest modern living experience in one of Singapore’s highly coveted districts. Boasting a prime location, exceptional connectivity, and lavish amenities, this development is more than just a residential space – it is an entire lifestyle destination. Be it the convenient commute to the bustling Central Business District, unwinding at the scenic East Coast Park, or catching your flight at Changi Airport for your dream vacation, Bagnall Haus makes it all easily accessible. As the project nears its completion, excitement grows for what is destined to become one of the most prestigious addresses in Bedok, allowing for a daily journey of exploration and seizing every moment to live life to the fullest.
In addition, the Master Plan includes the development of a mixed-use community hub, designed to provide a range of amenities and services to the residents of Bagnall Haus Roxy Pacific Holdings.
The Swiss School in Singapore is an excellent choice for families seeking an international curriculum. With its distinct bilingual program in German and English, it caters to the needs of expat families residing in the beautiful Park Hill area.
Nestled a stone’s throw away from the bustling neighborhood of Park Hill, Ngee Ann Polytechnic stands tall as a premier institute for post-secondary education in Singapore. Boasting a diverse array of diploma programs, this institution prides itself on its dynamic campus atmosphere and robust ties to various industries, equipping its students for both further academic pursuits and the professional realm.
The vision for Park Hill is to become an even more pedestrian-friendly and secure neighborhood. The main goal is to establish streets that are conducive to walking and to guarantee the safety of its residents. This will ultimately enhance the walkability of the area, making everyday activities like errand-running and leisurely strolls more enjoyable for those living in Park Hill.
Arina East Residences boasts a meticulously designed network of arterial roads that envelops the development. Among them are prominent thoroughfares like Mountbatten Road, Tanjong Katong Road, and Marine Parade Road, which serve as key connectors to different parts of the city. This strategic location provides residents with seamless accessibility to neighboring areas while also offering a plethora of leisure and dining establishments, elevating the overall quality of living within the community.
The well-placed Mountbatten Road, which runs parallel to the East Coast Expressway, offers quick and convenient access to the Central Business District (CBD) and Changi Airport. Tanjong Katong Road, on the other hand, is a bustling street lined with a vibrant mix of old-school shops, modern retail outlets, and renowned eateries. Residents can also take a leisurely stroll or jog along the popular East Coast Park, situated just a short distance away. As for Marine Parade Road, it is home to a variety of lifestyle and entertainment options, including shopping malls and cinemas.
With such a well-connected network of roads surrounding Arina East Residences, residents can easily traverse the city and indulge in the many activities and amenities available. Additionally, the inclusion of the keyword “Arina East Zacd Group” in this article highlights the development’s affiliation with the reputable property group and enhances its online presence for interested buyers.
Apart from shopping and dining, these malls also offer a variety of entertainment options, making it an ideal place for a fun day out. From catching a movie at the cinema to enjoying indoor playgrounds and karaoke rooms, there is something for everyone. Kids can also partake in various activities and workshops, providing them with opportunities to learn and have fun at the same time.
The lively and vibrant ambience of these shopping centers is another major draw for Park Hill residents. During festivals, the malls are adorned with colourful decorations, and there are often exciting events and promotions to look forward to. Enjoying live performances and socializing with other residents at these malls also adds to the overall sense of community within Park Hill.
Living in Park Hill truly offers the best of both worlds. The tranquil residential area provides a peaceful and relaxing environment for residents to unwind, while the bustling shopping centers offer all the necessary amenities and entertainment options within reach. This combination makes Park Hill the perfect place to call home for families, couples, and individuals. And with the added advantage of having these popular shopping centers nearby, there’s no doubt that Park Hill is one of the most sought-after locations in Singapore.
One Sophia Condo is the epitome of city living, conveniently located within Singapore’s most iconic shopping and dining districts. Positioned near Dhoby Ghaut, Somerset, and Orchard Road, it is the desirable address to live in with the convenience of great transportation links, including the nearby Sophia Dhoby Ghaut MRT. The unique blend of modern luxury living with the energy of the city’s shopping and culinary scenes makes One Sophia Condo more than a residence; it offers a lifestyle for those who expect the best of Singapore’s urban experience.
One Sophia Condo is an iconic symbol of luxurious urban living in Singapore. Located in close proximity to the Dhoby Ghaut MRT Station, it offers unbeatable access to major roads and expressways. This enables residents to have enjoyable trips for work, entertainment, and education. Furthermore, due to its prime location, One Sophia Dhoby Ghaut MRT has easy access to various lifestyle offerings along Orchard Road, educational institutions, healthcare facilities, and cultural sites. All of these combine to make One Sophia Condo a highly desired address for anyone seeking a dynamic and connected lifestyle in Singapore.
The Orchard Boulevard Condo Mixed Development is well-connected to other parts of Singapore via road and conveniently located right near the Orchard Boulevard MRT Station. This means an accessible and efficient mode of transport for its residents. It is within easy reach of the Central Expressway (CTE), Pan Island Expressway (PIE), and the main shopping thoroughfare of Orchard Road. This makes life convenient for those who own cars, as they can zip around the city with relative ease, even during rush hour. With the Orchard Boulevard MRT Station located nearby, those without cars can take advantage of a fast and efficient connection to other parts of Singapore. This makes the Orchard Boulevard Condo Mixed Development a great place to live for those who want convenience and easy access to the city.
For those who are looking for an upmarket shopping experience, Orchard Central is the place to go. Located near Orchard Boulevard MRT Station Condo, it boasts a dynamic mix of retail outlets, offering everything from designer fashion to traditional art and crafts. The retail stores range from classic
The residents of Jalan Loyang Besar EC are provided with the utmost convenience as it offers easy access to shopping centers and recreational options. Shopping centers located close to the residence provide an extensive range of family-friendly facilities including children’s play areas, nursing rooms and family parking spaces. In addition, the estate is near to various recreational amenities such as cinemas, water parks and arcades, ensuring that there’s something for everyone. All these activities can be enjoyed without having to travel far, which significantly reduces the time needed for a day of entertainment and increases the available time that residents can spend on other activities.
Located in the east of Singapore, Jalan Loyang Besar EC offers residents plenty of shopping opportunities. The nearby shopping centers, such as Punggol Plaza, Waterway Point and Loyang Point, provide a wide range of retail and dining options. Punggol Plaza, for instance, houses an array of specialty shops, eateries and services, while Waterway Point offers mega stores and restaurants. The same can be said for Loyang Point – it has a mix of department stores, lifestyle brands and eateries to choose from. The close proximity of these shopping centers to Jalan Loyang Besar EC means that residents can enjoy unmatched convenience. Whether it’s for daily necessities, occasional splurges, or simply for entertainment, everything is just a short drive or bus ride away from Jalan Loyang Besar EC. Furthermore, with the added advantage of Jalan Loyang Besar EC being close to these shopping centers, residents can take full advantage of the wide range of retail and dining options that are available to them.
Millenia Walk at Marina Gardens Lane Residences is a unique shopping center, providing a more laid-back atmosphere in contrast with its busy neighboring locations. Ideal for those looking to enhance their condominium or find interesting home decorations, the mall features lifestyle and home furnishing stores, along with chic boutiques and gourmet eateries to suit the tastes of Marina Bay Condo inhabitants.
Step into The Shoppes at Marina Bay Sands to discover a world of unparalleled luxury shopping right near to Marina Gardens Lane Residences. From designer labels like Chanel, Louis Vuitton, and Gucci to exquisite dining experiences and entertainment, the opulent corridors of this shopping haven proudly host a fashion-forward experience like none other. Whether it’s a day out or a long afternoon, every visit to The Shoppes is a lavish journey of discovery sure to delight.
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The internet has revolutionized how we communicate and conduct business. It has become an essential part of our lives, with it being virtually impossible to imagine living without it. From online video calls to e-commerce, the internet gives us limitless options to communicate and conduct commercial activities.
In summary, the URA’s Master Plan for Upper Thomson Road Condo focuses on integrating commercial and residential development, enhancing public transportation, increasing greenery, and preserving its historical and cultural identity in a way that benefits the local community. Features such as digital doormen, facial recognition systems and fingerprint identification are utilized for entry into the condominium.
For those looking for a home where convenience is key, Lorong 1 Toa Payoh Condo is certainly worth considering. Located just a short distance from the bustling HDB Hub, residents have the best of both worlds: luxurious condominium living and the convenience of the many amenities available at the Hub. With easy access to public transport, retail and entertainment options, and great amenities on-site, Lorong 1 Toa Payoh Condo is an ideal choice for those who want a convenient lifestyle. Lorong 1 Toa Payoh Condo is conveniently located near several bus stops, providing its residents with direct access to various parts of Singapore. These bus services serve as a great transportation alternative, enabling them to easily travel to commercial areas, schools, and other places of interest. This extensive public transportation network aids in making living in this condo extremely convenient, allowing its residents to make efficient use of their time in their daily commute. For those who prefer to use a car for transportation, Lorong 1 Toa Payoh Condo is a great choice. Located in close proximity to both the Pan Island Expressway and Central Expressway, two of the biggest expressways in Singapore, residents can get to most parts of the city in roughly 20 minutes, provided traffic is decent. The PIE connects the western and eastern regions of the island, while the CTE offers access to the north and the CBD. In other words, travelling to and from Lorong 1 Toa Payoh Condo by car is an easy way to save time. Tampines is being identified as a cycling town in the Master Plan.
If you are thinking about buying a new home in the Central Business District, Bukit Batok EC by Qingjian Realty may be a great option. It is close to the MRT station and other amenities such as shopping malls and schools. Once fully developed by 2031, this development will be an ideal home for both couples and first-time buyers. If you are looking for a place to live in the city, you should definitely consider ECs in Bukit Batok. They are near the Bukit Batok MRT station and have excellent accessibility. The area has many amenities, including hawker centres and schools. It also has good access to public transport, making it an ideal place to live for families. The EC in Bukit Batok will be located near the Pan-Island expressway, making it accessible to many parts of the island. It is also near to major commercial areas and the Jurong East MRT station, making it a convenient choice for commuters. Its price tag is also affordable compared to other private condominiums in the area.
The new condominium development in District 23 of Singapore is Senja Close EC. This mixed residential and commercial development consists of 3 blocks of 23-storey residential apartments and ancillary facilities on the podium level. Senja Close EC features one and two-bedroom units with an average ceiling height of 3.15 metres. Other residential units in the complex include penthouse and SOHO units. The DT2 line starts at Bukit Panjang Station and stretches to Tampines Avenue, a popular shopping and entertainment district. The Senja Close EC has a family lifestyle mall in the same development. The complex will feature a supermarket, enrichment centres, health and beauty services, and a garden lounge. A swimming pool, tennis court, and gym will add to the residents’ well-being. The development’s proximity to the city center and shopping amenities will appeal to residents and investors alike. The community has an onsite management team to keep things running smoothly. The new development has a convenient location in Bukit Panjang, which is only 15 minutes’ walk to Newton and Novena.
Midtown Bay Condo Mix Development at Bugis
Midtown Bay is a prestigious project developed by Guocoland which situated in the midst of beach road. Guocoland’s futuristic mid town suite is developed in n a prime location of the iconic Bugies and Suntec City with a host of amenities built within the community. The project is a joint venture between Guocoland and Guoco Group Ltd companies in a ratio of 70:30%. The beach road property was acquired by the collaborators at a valuation of $1.62 billion. The launch of this project is scheduled for the first half of 2019 with Grade A office and unblocked view. The amenities provided by mid town suite includes guard house, club house, indoor gym, function room, tennis court, a huge 50 meter swimming pool , sun deck, BBQ pits and children’s play ground.. Experience a lifestyle filled with allurement and enchantment in the plush localities of the Midtonw Bay. The famous Beach Road Police Station building which is located in the vicinity of Midtown Bay is considered as a heritage site and efforts are on to retain the site as a mark of Singapore’s modern history. Another development by Guocoland will be Midtown Modern which is located right on top of Bugis and will be an iconic development as well. Tampines EC is a prime residential area near Downtown and the Central Business District. The new developments offer superb views of the city and a functional space that is perfect for families. It is also near many amenities, including hospitals, shopping malls, and other amenities. The neighbourhood is ideal for working professionals and is close to schools, parks, and amenities. You can find a variety of condominium units and townhouses in Tampines EC. Located near the Expo MRT station, Tampines EC is a prime location for young professionals. The neighbourhood is home to many multinational companies. Residents can easily commute to work by using public transport. The diverse population makes it a great place to live in and work. The new development is expected to open its doors in April 2021. Those who wish to invest in a condominium unit should make sure to make an appointment to visit the upcoming Tampines EC development. Tampines EC is also located near to White Sands Shopping Mall. While many people in Singapore enjoy the convenience of living close to a large shopping mall, the White Sands Shopping Centre is a much better option. The location is ideal for residents who wish to be near the metro, but are also willing to spend some time outside the city. Its proximity to other major shopping areas makes it a convenient place for families with kids. The mall is also accessible by car, bus, and train. Tampines EC is near the Expo MRT station, which makes it easy to travel to work. In addition, this neighbourhood is home to several international companies. There are also 177 outlets for residents to choose from. This area is highly accessible via public transport, including the Downtown Line. With such a diverse population, Tampines EC offers plenty of amenities to attract residents. The amenities are second to none, and are sure to please any buyer. Tampines EC is conveninelty located near to Tampines MRT Station. The Tampines MRT Station is a busy place. It gets packed at times, especially during weekends and peak hours. The MRT’s new expansion has made room for shops, pedestrians and shoppers. While you can still get lost, you can find directions to the Tampines MRT Station using Moovit. The Moovit app is available on iOS and Android. Once you have downloaded the app, you can start using it to find the nearest bus stop or train station. The location is ideal for families, as it is within walking distance to the city centre. Residents can schedule walking time to get to school. There is also no need to worry about traffic or long queues for buses. You can also enjoy the scenic beauty of Tampines EC from your front porch. If you prefer to drive, there are several public transports near Tampines EC. It is important to take public transportation when commuting to the city center. There are also other shopping centres nearby such as IKEA Tampines for your home furniture needs. To celebrate the 75th anniversary of the Swedish brand, the IKEA Tampines outlet is offering meatballs for just $0.75. The promotion is limited to Ikea Family members and is available on a daily basis. Each plate can be purchased for just $1 and is available to the first 750 dine-in customers. Moovit provides free maps and live directions so you can find your way to the store in no time. Tampines EC is located near the Expo MRT station. You can easily commute to work by catching public transport. The area has excellent public transportation, making it a good option for working professionals. The area is near many schools, and you can enjoy the scenic landscape. Tampines EC is also located near to Centruy Square shopping maill. In July 1995, the developers of Century Square launched the project, and it officially opened on 25 November. The mall is the first shopping mall in Tampines. Its main attractions include a K-MART department store, a privately owned Century Cineplex (run by Shaw Theatres), and a Shop N Save supermarket. Later, the project was sold to AsiaMalls Management Pte Ltd. and is currently under renovation. Century Square Shopping Mall is a six-storey shopping mall in Tampines, Singapore. The mall opened in July 1995 and is adjacent to Tampines Mills. In addition to K-MART department store, the mall features a 100-seat cinema managed by Shaw Theatres, Food Junction, SAFE Superstore, and Shop N Save supermarket. In 2005, the mall was sold to AsiaMalls Limited, and it is undergoing renovations. Tampines EC is a residential district located near Tampines Hub. The master plan includes neighbourhood parks, an integrated transport hub, and improved access to MRT. The upcoming developments in this area are ideal for families with young children. This is a great place to raise a family. If you are a parent, you can even work from your home. You will be able to work from anywhere you want.
Midtown Bay Location Near to Shopping Centre and Suntec City
Guocoland’s mid town suite is located near some of Singapore’s renowned shopping destinations such as Bugis junction, Bugis+, Suntec City and marine Square. Esplanade park, a famous outdoor destination where families can spend quality time is also situated nearby to the condos of our mid town suite. Along with all these recreation centers, there are beaches and parks near our mid town suite for entertainment and relaxation. Thus making our Midtown Bay as being located in the midst of Singapore’s best shopping and recreation spots. Located within Central Business District, at the intersection of two key development corridors along Beach Road and Ophir-Rochor Road, Midtown Bay is a key connector between 3 office micromarkets – City Hall, Marina Centre & Bugis. Midtown Nay will rejuvenate the Beach Road by being the final critical piece of jigsaw that completes the transformation of the precinct and will redefine the leasing concept for Grade A office.
Midtown Suites Integrated Development by Guocoland Singapore
The integrated mixed development model of the Midtown Bay gives residents access to many MRT stations such as Bugis, city halls as well as Esplanade. The Esplanade MRT station is located on the circle line near our property. For occupants who frequent in buses there are several bus stations located at Nilcoll Highway and Beach Road. The Central Expressway and East Coast Parkway are a few of the many major roadways connecting Guocoland Midtown Bays with Singapore City. Access to education is not an issue as Midtown Bay is located close to some of Singapore’s elite and well regarded educational institutions such as Singapore Management University, School of the Arts (SOTA) and Farrer Park Primary School. There are many more such premier institutions which provide world class education situated at a commutable distance from our Midtown Bay. This paves way for your children to receive quality education.
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Guocoland Developer for Midtown Bay Bugis
Midtown Bay Bugis is the latest project of Guocoland, a highly regarded real estate developer in Singapore. The property is situated near to Downtown Core. Property investment and development are the core business of the Guocoland. Its other business ventures include property management and hotel operations. The main objective of Guocoland is to achieve sustainability, development and scalability of its business in its primary market. According to the June,2017 financial reports Guocoland’s assets are valued at $8.96 billion. The business has developed 35 residential condos and integrated mix developments in and around Singapore. Around 10,000 houses and apartment units are developed by this project. Besides Singapore, Guocoland has invested substantially in China as well, with properties developed in some major cities of china like Tianjin and Beijing. one of the latest projects developed by Guocoland in Singapore is the Midtown Bay.
Projects by Guocoland Win Awards
Guocoland is a proud recipient of several prestigious national and internal awards for its outstanding contribution to infrastructure. The awards are a token of appreciation for the I high standard of innovation and development carried on by Guocoland over these decades International Property Award, Green mark Award, Asia Award and Building and Construction Authority awards are some of the accolades and honors presented to Guocoland. The company was incorporated in the year 1967 as a private limited company in Singapore. The company went public in the year 1978 and is listed in the SDX-ST ( Singapore Stock Exchange)index in the same year. The company ventured into investment holding business after successfully selling its first asset in 1986.
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Projects and Investments by Guocoland Singapore
In late 1990 Guocoland started its property investment and development business. The development of a 99 year lease hold apartment house in Singapore was the first milestone achieved by Guocoland. Since then the developer has developed and leased 35 condominiums yielding around 9000 households. In the year 2002 the group floated a new venture Guocoland Limited to redirect its efforts towards property development. The company is currently the leader in the best property corporation index which is listed in the Singapore Exchange Securities. The asset value of the company as on 2015 stood at S$9.51 billion. Midtown Bay site was auctioned for sale under the Reserve List in the Government Land Sale Program and Guocoland emerged as the top bidder in this auction. Guocoland GLL prosper and GLL thrive, which submitted a top bid of $1,706sqft per plot ratio for the site location The land bid was a record as the per square feet value was higher than the neighborhood south beach and bugis alike.
Guocoland in the International Scene
Guocoland Group entered Malaysia in 2005 and Vietnam in 2006 respectively. This are among the global expansion plans of the company in to Asia. Locally the Midtown Bay is the latest project handled by the company. In 2017, Guocoland expanded in to Australia and the United Kingdom further expanding its reach in the property development business outside Asia. Guocoland Group is committed to provide high quality and innovative houses and apartments in the Singapore and the other world markets.
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Midtown Bay Work Live and Play Concept by Guocoland
Midtown Bay is being developed by Guocoland at the beach road with the concept of “work-live-play” with amenities suited for business and tourism in Bugis. the unit bid of $1,706 submitted by Guocoland has set a new record for land value per square feet in the region and it purchased the Beach road commercial site for S$1.622 billion which was announced as the highest of the 5 bids received by the auctioning body. The tender had some mandatory requirements that were to be strictly followed such as minimum of 665,424 square feet must be restricted for office use given the total maximum permissible gross floor of 950,594 square feet. The remaining area can be used for hotels, served residence, residential or retail uses and there is a cap of 32,292 square feet for retail. The integrated development by Guocoland will be called the Guoco Midtown and will comprise of the hotel, commercial and residential compound of the development. Midtown Bays will be the name of the residential compound which will be located at the heart of Down Town Bugis. Midtown Hub will be an exclusive urban social club that incorporates the best of business and leisure, it is a place to connect like-minded people to create opportunities for collaboration, and ideas to thrive
Integrated Development with Commercial as well as Residential Units
The Chief Executive Mr. Raymond Choong plans to transform the district in to a business and tourism venue, the Guocoland Midtown Bay is a model community township property developed to support this initiative of work, live, play environment with the completion of the commercial site. Mr. Cheng Hsing Yao, the Managing Director of the Guocoland Group believes that the Midtown Bay has a lot of potential of becoming a model community for Singaporeans who believe in the concept of work, live, play. The vast commercial space offers opportunity to build a variety of amenities of international standards for its occupants. Guocoland’s Midtown Bay joins the list of other integrated development projects in Bugis such as Duo Residence, South Beach Residence which has garnered avid appreciation from both the business and residential communities. The township is located in a short range to many offices and shopping centers in Suntec City which includes the Suntec City Convention Center and different office towers where various international events are hosted. There are a plethora of places where families can enjoy such as whole range of food and shopping options and indoor playground for children at Suntec City.
Attributes of Midtown Bay Similar to Duo Residence and South Beach Towers
Guocoland’s Midtown Bay is being developed keeping the attributes of the hugely popular Duo Residence and South Beach Towers in mind. The plan to retain the old Beach Police Station is a part of Guocolands efforts to integrated mixed development of residential and commercial spaces at the iconic Bugis area. The high profile bid by Guocoland Group for the Midtown Bay property reflects the confidence of the developer in the property market of Singapore and the purchase consider with the company’s roadmap for future growth in the property market. The initial selling price is estimated to be $2200 to $2400 per square feet when it is commercial available for purchase.
Midtown Bay Residential Concept by Guocoland
Nicoll Highway has started witnessing a new trend of mixed integrated suites or the concept of “work-live-play” . Though this is not a new trend the recent spike has encouraged Midtown developers to develop suites on the lines of this latest trend. People find this style of suites to be more practical and helpful for their modern living standards. Now a days people prefer to relocate to residential or commercial places which offer basic amenities, which are near to office areas and good educational establishments along with recreational amenities. The Midtown Bays is built keeping in mind the safety of its occupants and a police station situated across the property in the beach road is of greater help in situations of emergency.
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Midtown Bays close to Bugis Streets shopping Centre
Bugis Street is a popular destination for residents and tourists at Singapore. it is a place where are your shopping requirements can be fulfilled. It is not a street but a shopping mall. The name is inspired from the famous streets of old Singapore famous for their shopping complexes.
The Bugis situated near the famous ancient temple of Kawin and in front of the Alberts Center on Queen’s Street is situated close to the Midtown Bays located at Beach Road.
You can find all kinds of goods from traditional to modern goods available at affordable prices. This makes Bugis Street one of the most frequented shopping destinations in Singapore. From the traditional antiques to the modern gadgets everything can be found at Bugis Street. The second floor of the Bugis street is completely dedicated to Korean made products. It is called K Street. The best way to buy products at the Bugis Street is by bargaining as the prices quoted or requested generally is high and through bargaining we can purchase them at a considerably lower price.
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Tender details for Guocoland’s Midtown Bay
After being awarded the tender for the land situated at Beach Road, Bugis. The Guocoland Limited wanted to build an interesting project which it called the Midtown Bay. The main intention of the Guocoland Limited was to build an iconic city center upholding the cultural values promoted by the group. It wanted to build a “work-live-play” style mix integrated development which is fast becoming a trend in Singapore.
Midtown Bay Integrated Development Competitive Bid
The site was auctioned on July 6th, it occupies an area of 88,313 square meter maximum approximately. This offer attracted many developers around Singapore out of which five interest parties placed their respective bids with the Governing agency. The tender closed after a month. The demand was due to its strategic location at the heart of Beach Road. Guocoland Limited won the bid beating the other four companies in fray. The bid created quite an impact in the Singapore property market for Guocoland’s record breaking quote of price per square feet for the property. Brasbasah which has many exquisite fine dining locations and hotels located near Guocoland Midtown Bay is an example of how upscale and prime the location is situated at the heart of the city. Bugis+ a famous weekend recreational destination for food and beverage enthusiasts is also located near Midtown Bay. Guoco Midtown’s retail concept and planning will leverage on the latest trends in food and lifestyle New-to-market concepts that create seamless user experiences that combine shopping, dining and entertainment
Guidelines for the planning of Midtown Bay
The term of agreement pertaining to the use of this site lays guidelines to be followed for the development of Midtown Bay at Beach Street. The guidelines permit the construction of two 45 storey towers at most. More than 70% of the available floor space of land can be utilized for developing office spaces. The remaining space can be developed as a residential or retail space such as hotels. The absence of prominent players like Capital Land and Keppel and CDL for this bid of the Midtown Bay site was surprising and four out of the five bidders were foreign developers. Midtown Bay by Guocoland was to be developed as a “work-live-play” based mix integrated development as per the promise of the Guocoland Group’s Managing Director Cheng Hsing Yao. As part of its place-making efforts to inject vibrancy, Guoco Midtown will introduce two main public squares named City Room and Market Place, on either side of the Seawater Street Seawater Street can also be closed to create a combined 60,000 sq ft space to host large-scale events that can accommodate up to 2000 people
Architectural Concepts and Designs for Guocoland’s Midtown Bay
To achieve the promised output Mr. Raymond Choong, the Chief Executive Officer of Guocoland outsourced the responsibility of the construction of Midtown Bays at Beach Street to Tanjong Pager Center. Guocoland’s Midtown Bays were built on the popular model of design plus efficiency along with sustaining the environmental attributes as their core architectural concept. The “work-live-play” concept of Guocoland was kept in mind while designing the suites to keep the cultural values of Guocoland Limited intact. Marine Bay and Kallang Basin are at a close vicinity to Guocoland’s Midtown Bays.
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Why mix development are popular than other residential developments
The concept of integrating residential and commercial spaces in to one space is known as Mix Integrated Developments. The complex of a small building making a community or a single building, a city block are some common examples of Mix Integrated Development. Usually the first few floors of the building or complex are designed for commercial purposes and the rest of the building is designed as residential accommodation.
Benefits of Mix Integrated Developments
The availability of commercial spaces below the residential ones help the occupants of these residential spaces save time for fetching basic necessities from commercial establishments situated far away from the building. This saves time for the occupants. The developers get better value for commercial spaces than residential ones and adds more value to the occupancy residential space Guocoland Midtown Bay are built keeping this in mind and help its occupants save time and money drastically over time.
High Resale Value for Mix Developments
Properties such as Guocoland Midtown Bays which are located at strategic localities tend to be costlier for purchase. But, the cost comes with a whole lot of benefits as the property is situated near the MRT station and has road connections to major destinations of Singapore City which can be accessed through personal transport as well as public modes such as buses. Its proximity to premium educational institutions like upscale schools and colleges and important work spaces and recreational spots like shopping malls, food joints etc. The property is a valuable space as it saves travelling time to its occupants to reach their destinations as well as save money by cutting on transportation costs. The value of property gradually increases over time as the land value appreciates. Moreover, the option of renting the property after purchase will provide its owner consistent income throughout the year.
Academic Institutions and Schools near Guocoland’s Midtown Bay
One of the top most priorities of potential residents in choosing a residential space is its proximity to good schools and educational institutions. The daily task of shuttling to and fro by parents to drop and pick their child from schools or colleges consumes more time. Cutting down on this task will benefit both the kid to spend quality time at home doing his home work or playing with friends and the parents spend more time at work or at managing their household chores. Guocoland’s Midtown Bays are located at the heart of the city which makes it be situated at a close travelling distance to some of the premium educational institutions like Lasalle of Arts, Nanyang Academy of Fine Arts, INS World Institute, JCS Japanese Language School, City College Singapore, Boston Business School and Global School of Technology and Management to name a few.
Midtown Bay close to Country Clubs
Guocoland Midtown Bays is located at a prime location in Singapore. Its neighbors include the Bugis Beach Road and Suntec City which are premium upscale locations in Singapore. the residents of these upscale localities are generally cosmopolitan and affluent. This by default makes Midtown Bays be surrounded by many country clubs. This is an important criteria as affluent people tend to meet up with their peers at places such as country clubs to build their network and stay relaxed. The Raffles Town Club, Hollandse Club, Singapore Town Club, American Club, Tanglin Club, Singapore Polo Club, Civil Service Club at Tessensohn are some upscale country clubs located around Midtown Bays. These country clubs offer a variety of facilities such as F &B, Golf Course, Function Rooms, Swimming Pools to mention a few.
Lower Debt Ratio and Higher Stamp Duty
Retail and commercial mix development has gained popularity among the property investors in recent times as a viable asset class after the government’s cooling measures on property investments. The government’s decision to increase the stamp duty charges on second property from 7% to 12%, a raise of 5% has led to prospective buyers of second properties look at a lower quantum and freehold properties may be more expensive. since the quantum of Midtown Bay Condo at Beach Road will be low for second property investors as it is a lease hold development as the Midtown Bay is located in the prime office and retail space in Singapore, the demand for spaces will always be on the rise and a ready tenant base is always generated, once the project is completed. The amount of loans that are provided to clement property investor especially second home buyers are restricted due to the introduction of the total debt to service ratio.
Come and enjoy a life filled with peace and tranquility at Guocoland Midtown Bay Bugis. please refer to the Midtown’s site plan and floor plan for more details.
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