The tender for Urban Redevelopment Authority’s (URA) Midtown Modern web site offered below the Government Land Sales (GLS) program has closed. The tender attracted two bidders. A partnership of three developers GuocoLand, and subsidiaries of Hong Leong Holdings, which square measure Hong Reality and bold Investment submitted the highest bid of S$800.19 translating to S$1,535 psf ppr. The second bid was a tie-up between MCL Land and City Developments.
The site enjoys a most gross floor space of around 521,301 sq ft. The development is predicted to deal with up to 580 private residential units and industrial areas. The maximum GFA for the serviceable residences is twelve,000 sq m, and the total GFA for the retail spaces at the primary level shall not exceed a pair of,000 sq m. The estimated breakeven worth for the Midtown Modern web site is regarding S$2,200 FTO and a mercantilism worth quite S$2,400 psf.
Midtown Modern Land Bid by Guocoland Well Received by Developers
Midtown Modern site’s high bid is five.3% higher than what the near Middle Road web site received at S$1,458 psf ppr. A possible rationalization for the distinction may be the appropriate location of Midtown Modern web site. It is on the brink of Bugis MRT station that connects with the East-West and Downtown Lines.
District 7 properties square measure snuggled in associate glorious location in Singapore. The area could be a historic city district that’s filled with exotic cultural vibes, heritage, and several cool places. Situated shut to the CBD makes it an appropriate space for investment. When living here, everything is within reach. The residents enjoy associate increased transportation network in the region that enables them to attach to varied places and get pleasure from the near amenities and facilities.
Midtown Modern Close to Bugis Neighbourhood District 07
If you’re looking for your next home, picking this neighbourhood is a sensible choice. The area is appropriate for a family living since there’s everything for all members of your family to relish. Apart from the superb schools that square measure simply a walking distance from Midtown Modern, there is a plethora of searching destinations, restaurants, and exciting places. With many essential merchandise and services among reach, the neighbourhood is ideal for work and board an opulent setting.
Transportation in District 7 is increased, allowing residents to simply connect among the neighbourhood and to alternative regions of Singapore. Midtown Modern sits right shut to Tan Quee computer network St, which provides swish access to the residence. Generally, transportation here is a breeze since the realm enjoys a mess of bus services and MRT Stations. Some of the roads within the area embrace Rochor Road, Beach Road, North Bridge Road, Nicoll Highway, and more. Major expressways like East Coast Parkway (ECP), Central Expressway (CTE), and Ayer Rajah motorway (AYE) permit automobile house owners to connect to alternative components of Singapore simply. Residents of Midtown Modern UN agency need to travel outside Singapore to Malaysia will use Queen Street Bus Terminal, which is less than ten minutes go forth.
Bugis MRT Station Located at Midtown Modern Close to Tan Quee Lan Street Condo
Bugis MRT station is just one min walk from Midtown Modern. The underground interchange station borders Victoria and Bugis planning space and connects the Downtown Line (DTL) and East-West Line (EWL). Transportation within the neighbourhood is about to become even better in the close to future with the completion of the North-South passageway (NSC). It will be the primary integrated transport passageway to be made in Singapore that includes athletics routes and continuous bus lanes. The NSC can link numerous places in the north like Air National Guard Mo Kio, Yishun, Sembawang, and Woodland to the CBD. This will ease traveling to the near areas from the Downtown Core.
If you are a athletics enthusiast, then you’ll be happy to know that the coming NSC can permit you to link to the new Central space athletics network extending the dockage Bay athletics network to places like Bras Basah, and Civic District. Besides, cycling routes on Queenstown-city, NSC, the Rail Corridor, and Bishan-City will conjointly be connected enhancing your safety and convenience.
Midtown Modern Near to Academic Institutions by Guocoland Real Estate Developer
District 7 is not well invested with with academic establishments as compared to some regions in Singapore. However, parents can still notice smart colleges in the neighbourhood. The availability of excellent colleges near to Midtown Modern Location within the space makes District seven a decent alternative for families. There are honored academic establishments shut to Midtown Modern. Parents with school-going kids can appreciate living here due to the simple access to the colleges. What’s more, is that there are faculty to suit any academic level of your child. If you have a child between but six years, then the nearby Pat’s building @ Prinsep is a smart choice.
Arts schools such as Nanyang Academy of Fine Arts (NAFA) and explorer faculty of the humanities square measure handily placed for your children to pursue their dreams. Also shut to your home square measure PoMo and Kaplan, which square measure excellent for your children or even yourself if you wish to increase your studies. The private establishments near to Midtown Modern provide many courses that vary from certificate to degree, and in suitable arrangements move from part-time to regular.
District 7 has some of the best searching scenes in Singapore. The neighbourhood is home to a plethora of searching destinations that provide a range of products and services. Shopaholics living at Midtown Modern Bugis can appreciate the conveniences that this space offers. Bugis Street features the largest market in Singapore with a singular retail expertise. The modern malls near aren’t simply ideal for retail therapy; they feature cool haunt areas and amusement facilities.
A 3 minutes drive from Midtown Modern can get you to this extraordinary Bugis Junction shopping precinct. The modern mall encompasses a heap to supply. It features a superfluity of outlets that sell domestically designed accessories, T-shirts, and dresses. The mall also has a few cafes that serve sweet low. You’ll also notice fine eating restaurants, hawker-style vendors and fast food retailers.
Bugis+ or popular as Bugis at Midtown Modern Condo and is a nice searching complicated during a 10-storey shopping precinct. You can tell from its lovely exterior look that it’s a gem. The mall has a nice selection of massive brands like Bershka, Pull & Bear, Uniqlo alongside freelance stores that sell domestically created garments. The upper floors feature fast-food chains and restaurants, and the top-level options a multi-screen cinema.
Midtown Modern Close to Bugis Village
Also acknowledged as Bugis Village, is not only one of the most important and best places to buy in Singapore, it is also one among the most cost effective searching destinations. This street market houses several ships and retail stalls that sell tourists knickknacks, vintage items, shoes, accessories, and food. Fashion hotspot offers a whole range of garments. It also has fine eating spots and stylish bars and cafes that stay open late into the night.
Popularly known as SLS, Sim Lim Square is a giant technology mall that’s a brief walking distance from Midtown Modern. The retail complex options up to two hundred stores distributed in the six floors and offers many electronic merchandise like computers, TVs, cameras, phones, DVDs, and more. It also options a few restaurants, such as Manzeel Tandoor which will enhance your searching expertise.
Midtown Modern Close to Hawker Centres and Cafes at Tan Quee Lan Street Bugis
This part of Singapore could be a food heaven at Midtown Modern Guocoland with several intake destinations providing a number of the foremost renowned dishes in Singapore. You can notice all the native foods to international flavours right at the corner from Midtown Modern. Restaurants here offer tasty Korean flavours, traditional Japanese culinary art, Indian meals and more. The famous Hjh Maimunah is set nine minutes walk from Midtown Modern. This place is famous for its typical kampung-styled culinary art and signature dishes like rendang, and Sudanese grilled chicken. The nearby Bugis Cube is the excellent destination after you desire intake Chinese cuisines.
The neighbourhood at Midtown Modern Condo also options masses of hawker centres that provide delicious and cheap food. What’s more, is that the hawker centres are shut to your home. Like malls, hawker centres equally provide a superfluity of food. Some of the nearby hawker centres embrace Prince Albert Street Food Centre, Golden Mile Food Centre, and North Bridge Road Market.
Midtown Modern Close to Food Centres and Cafes
Albert Centre Market & Food Centre is set five minutes drive from Midtown Modern. It is a pleasant dining spot. The hawker centre is popular with locals and serves delicious foods at affordable costs. Some of the favored stalls here are Singapore renowned Rojak, Hock Lee Fishball Noodles, Indonesian BBQ. Food, Hock Lee Fishball Noodles, Say Seng Cooked Food, Bedok Chwee Kueh, Bedok Chwee Kueh, Bedok Chwee Kueh, among others.
Golden Mile Food Centre also has a heap of food decisions. You can choose goreng pisang (fried bananas) from Golden Banana, Cheese lava baguettes or red velvet from man baguet, and cooked duck rice served by Tiong Bahru Roasted Duck Specialists. Other stalls on the market here embrace Hainan cooked Hokkien Prawn Mee, Kheng Fatt Hainanese Beef Noodle, Chung Cheng Chilli ME, Fishball Story and 76 Golden Mile Claypot Rice.
District 7 is acknowledged for its active hip cocktail hangouts, late-night cafes, discos and more. With just three minutes drive from Midtown Modern, you can get to campong Glam and luxuriate in deliciously the Tarik or force tea. Other near cafes that you will head to incorporate look Wonderland at pilgrim Lane, La Marelle at Baghdad Street, and Fika Cafe at North Bridge Road.
Residents who fancy tasty Southeast Asia-inspired cocktail can appreciate what’s offered at Loof. Situated in associate urban garden at the high floor of Odeon Towers in Downtown Core, this place offers an glorious mix of a up to date swankiness and old-school charm. Enjoy rounds of drinks here as you get diverted by the resident DJs all night.
If you need one thing to relax your mind when a busy day at work then, the nearby Tolido’s java Nook is the excellent spot. This place is affordable and offers distinctive previous intentional low and delicious foods. It enjoys a cosy atmosphere with a down-to-earth vibration that makes it a cool chillout areas. The coffee is created mistreatment high-quality beans and natural flavours and still comes at cheap costs.
Other places you will head to for distinctive cocktails and lots of drinking choices embrace Camp metric weight unit Charcoal Club, Bar Stories, and Beavers Pub & Grill. Most of these spots also serve delicious foods and square measure in exclusive settings that square measure appropriate for night parties. The good issue regarding living in Midtown Modern is that these cool chill-out places become simply accessible from your home.
The future residents of Midtown Modern won’t have to be compelled to worry regarding access to health care facilities. The area has enough hospitals and clinics that treat numerous ailments. As such, the neighbourhood is suitable for family living and for individuals UN agency want special medical attention. Raffles Hospital is found less 6 minutes walk from Midtown Modern.
Raffles Hospital, North Bridge Road is owned by Raffles Medical cluster, which is one of the highest personal care suppliers in Singapore. The group owns a lot of than fifty clinics in Singapore, providing various medical services throughout Singapore.
Other care suppliers near embrace Singapore viscus Society, Mount Elizabeth Hospital, Farrer Park Hospital, KK Women’s and Children’s Hospital and more. Besides, several clinics give specialists medical services such as Rochor Centre Clinic, Singapura Clinic, Parklane Medical Centre, Shalom Medical, Rochor Medical Centre and more.
District 7 is such a lovely place to lift your children as a result of it’s many kid-friendly places. The future residents of Midtown Modern can ne’er finish of things to try to to here be it cool spots to go to, or places to eat.
If there is something that produces District seven stand out is that its home to at least one of the foremost loved museums in Singapore. The National Museum of Singapore is less than five minutes drive from your future home at Midtown Modern. This museum holds fun activities each last weekday of the month. Some of the activities include drop-in craft activities, storytelling sessions, interactive tours, and thrilling performances.
SAM is another fine depository found in the neighbourhood. The museum is distinctive and makes a pleasant place to pay quality time. The museum is dedicated to art and options the most recent trends, innovations and expressions. It is quite just associate exhibition platform; it’s a spirited area that’s home to a number of the foremost proficient artists in Singapore.
Mint Museum of Toys is another fantastic place that your children can appreciate. While children square measure not allowed to play with the toys, there is a great deal to be told from the outstanding collection of vintage toys. They educate your kids of the story of the era they are available from. It is believed to be the biggest collection in geographic area that includes over fifty,000 pieces of toys. The toys are obtained from quite forty countries with some being a lot of than a hundred years previous.
Bras Basah Complex or popularly acknowledged as the Book town of Singapore as been there for over forty years. The centre of arts and books is situated shut to Midtown Modern. Parents living in Midtown Modern can relish straightforward access to the present place that options honored bookstores like Omaha Yu Yi, and Basheer Graphic Books for arts. It is a pleasant place for exploring books and other faculty provides, and it features a playground on the fifth floor.