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Thread: Martin Modern, upcoming new development at Martin Place bubble guocoland

  1. #1
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    Dec 2016
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    Default Martin Modern, upcoming new development at Martin Place bubble guocoland

    Martin Modern is an upcoming development by Guocoland and is located in the heart of District 9, River Valley and in close proximity to Orchard Road. With its developer having a outstanding name for building quality residences, you could see from the Martin Modern Floor Plans that this would be a world class development with full concierge facility and full Condominium facilities.

    The Martin Modern location is well situated on Martin Place and is in close proximity to Robertson Walk Shopping Centre, Concorde Shopping Centre and Central Mall at Clarke Quay for entertainment, food and lifestyle. A short walk will bring you to Killiney and to Somerset with the full array of shopping Malls.

    Register with us to view Martin Modern Showflat for your showflat e-brochure and VVIP invite to be be first to view the by-invitation showflat. You will also be entities for the early bird discount for this new condo launch

  2. #2
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    Nov 2016
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    Grandeur Park Residences
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    Martin Modern is a new condo by Guocoland which is located in the prime district near to Orchard. Martin Modern carries the prestigious address Martin Place residences and is a highly sought after address in Singapore.

  3. #3
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    Mar 2017
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    Default Martin Modern Showflat | Hotline +65-61001639



    Martin Modern is a new residential condominium that you should be considered. It is developed by highly reputable developer First Bedok Land Ltd. First Bedok is a subsidiary of GuocoLand. Its recent projects are Leedon Residence, Wallich Residence and GoodWood Residence. You may visit or click on Martin Modern Showflat (http://showflatproperty.com/martin-modern-showflat/) to register for your interest now!

    Warmest Regards,
    Showflat Property SG | Hotline +65-61001639
    http://showflatproperty.com

  4. #4

    Default Martin Modern showflat opening soon in June 2017

    Just to provide some quick property updates.

    Martin Modern showflat is opening soon in June 2017. Drove past the actual site that day, the workers there are expediting the construction of the showflat.

    For those who is not aware, Martin Modern is a luxurious development by Guocoland which is located at River Valley Road in prime district 9. It will consist of 2 towers each 30 storeys, offering unblock seaview and CBD skyline towards the southern direction of Singapore. Expected launch price is around $2300 psf on average.

  5. #5

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    GuocoLand to launch Martin Modern condo project in 2H 2017

    Monday, April 24, 2017 - 11:46
    by
    CHAI HUNG
    GUOCOLAND Limited Group will be launching its luxury residential condominium project, Martin Modern , in the second half of 2017, it said in a Singapore Exchange filing on Monday.

    Located at the corner of Martin Place and River Valley Close, the District 9 project will have over 80 per cent of the land area turned into a unique botanic garden and an arboretum of native trees and vegetation, it said.

    The project, which is within the posh residential neighbourhood of Robertson Quay, will have 450 units, all with a view of the gardens, the city or the Singapore River.

    Cheng Hsing Yao, GuocoLand Singapore's group managing director, said: "Martin Modern is in the heart of the city but the moment you cross the main gate, past the mystical driveway to the arrival porch, you will be transported into a tranquil and enchanted garden."

  6. #6

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    Seriously, why would anyone buy this and not any of the freehold properties next door or nearby at lower prices?

  7. #7
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    Nov 2015
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    Duo Residences
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    Quote Originally Posted by sunman77 View Post
    Seriously, why would anyone buy this and not any of the freehold properties next door or nearby at lower prices?
    To be fair, I think one needs to see it first before making a comment if this is worth the price or not. I am heading there to take a look for myself.

  8. #8
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    10,738

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    Multiple reasons, but the ultimately one is that new launch is easier to flip to the next greater fool even if buy at more expensive price vs other properties nearby (since nobody is going to hold a 99-years leasehold for long-term anyway).......

    Quote Originally Posted by sunman77 View Post
    Seriously, why would anyone buy this and not any of the freehold properties next door or nearby at lower prices?

  9. #9

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    Anyone going down today? Thinking of popping by since I am vested across the street.
    Drove by the site... land parcel looks huge.

    Feel sorry for Martin Place Residences folks. Flanked by the Buddhist Lodge rebuilding project on one side, and Martin Modern construction on the other.

  10. #10
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    Nov 2015
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    Went to take a look this afternoon. For me, the vast landscaping is a distraction to the mostly blocked views. Waiting for the next site closer to the river to be announced according to the agent. I personally am not too keen on it based on its location and massive competition around it. As some forum members here mentioned, there are better deals around for this price. Spot on.

    2 cents,
    Propvestor

  11. #11
    Join Date
    Aug 2009
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    http://www.propertyguru.com.sg/prope..._content=links

    Martin Modern condo draws over 2,000 people



    Martin Modern, GuocoLand’s latest residential development, attracted more than 2,000 visitors to its showflat preview over the weekend (8 – 9 July).

    Located at Martin Place in Robertson Quay, it is the first large-scale condominium to be launched in the area in the past eight years.

    When completed by end 2021, it will comprise 450 units set within a botanic garden. A range of two- to four-bedroom apartments from 764 sq ft to 1,798 sq ft are available. Prices start from $1.8 million.

    One of the visitors, X. J. Yan, a Singaporean in her early 50s said: “The layout is elegantly designed and is functional as well as practical.”

    Mohamed Ismail, CEO of marketing agent PropNex Realty, said the response was very strong.

    “In fact, we have been getting numerous enquiries on the ground about Martin Modern over the past few months,” he noted.

    The 99-year leasehold project is expected to be officially launched on 22 July.

    “Many people recognise that the high-end market presents very good value now and are waiting for the right opportunity to enter the market,” said Cheng Hsing Yao, Group Managing Director at GuocoLand Singapore.

    “Martin Modern is coming into the market at a very opportune time. On top of that, it will benefit from the continuing growth and transformation of the Robertson Quay area when the new MRT line and future developments there come up.”

  12. #12
    Join Date
    Mar 2009
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    10,738

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    Looks like lots of flippers around waiting to flip for a profit (without wanting to come out with too much cash upfront at the time of purchase)...........

    For all the reasons quoted to buy Martin Modern, there are many more which are Freehold and of cheaper price (and most likely of better built quality) than Martin Modern nearby......................

    Quote Originally Posted by Laguna View Post
    http://www.propertyguru.com.sg/prope..._content=links

    Martin Modern condo draws over 2,000 people



    Martin Modern, GuocoLand’s latest residential development, attracted more than 2,000 visitors to its showflat preview over the weekend (8 – 9 July).

    Located at Martin Place in Robertson Quay, it is the first large-scale condominium to be launched in the area in the past eight years.

    When completed by end 2021, it will comprise 450 units set within a botanic garden. A range of two- to four-bedroom apartments from 764 sq ft to 1,798 sq ft are available. Prices start from $1.8 million.

    One of the visitors, X. J. Yan, a Singaporean in her early 50s said: “The layout is elegantly designed and is functional as well as practical.”

    Mohamed Ismail, CEO of marketing agent PropNex Realty, said the response was very strong.

    “In fact, we have been getting numerous enquiries on the ground about Martin Modern over the past few months,” he noted.

    The 99-year leasehold project is expected to be officially launched on 22 July.

    “Many people recognise that the high-end market presents very good value now and are waiting for the right opportunity to enter the market,” said Cheng Hsing Yao, Group Managing Director at GuocoLand Singapore.

    “Martin Modern is coming into the market at a very opportune time. On top of that, it will benefit from the continuing growth and transformation of the Robertson Quay area when the new MRT line and future developments there come up.”

  13. #13
    Join Date
    Aug 2009
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    3,863

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    Quote Originally Posted by teddybear View Post
    Looks like lots of flippers around waiting to flip for a profit (without wanting to come out with too much cash upfront at the time of purchase)...........

    For all the reasons quoted to buy Martin Modern, there are many more which are Freehold and of cheaper price (and most likely of better built quality) than Martin Modern nearby......................
    The good days for flipping is gone for good. Cost of flipping, SSD, ABSD, LTV is too high and must have lots of cash.

  14. #14

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    Quote Originally Posted by Laguna View Post
    The good days for flipping is gone for good. Cost of flipping, SSD, ABSD, LTV is too high and must have lots of cash.
    His flipping is after 3 years.

  15. #15

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    heard additional 5% discount thrown in. not that many people buy their "why this 99 year leasehold should sell for more than the freeholds surrounding it" story.

  16. #16

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    I'd be amazed if Guocoland can manage to sell 30% of the units by end July.

    High relative psf, blocked views, 99-year leasehold, and the relatively high maintenance fees for the 'concierge' service. Eats into a huge part of the rental. Not exactly near to mrt either.

    To move units at this psf range, it should be selling 500-600sqft units instead.

    The upkeep of the estate, with its extensive greens, will be a hefty burden to the 450 proprietary owners over time.

    At this price point and quantum, there are no lack of choices.

  17. #17

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    Received SMS on the project

    This is Final weekend to preview Martin Modern showflat and submit interest to enjoy up to 6% Early Bird Discount.

    2 Br from $1.71M
    2+Study from $1.84M
    3 Br from $2.02M
    4 Br from $3.67M

    The indicative price is now lower than the earlier $1.8m.

  18. #18

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    yup, that's the 5% discount.

  19. #19

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    If they continue to drop a further 5% on launch day, I think they can move the 2+S/3 (non premium) bedroom units at lower quantum. It's all a quantum game these days.

  20. #20

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    How's the ballot takeup rate like yesterday? Anyone with any news?

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