A NEW LUXURY RESIDENCE UNVEILING AT 8 MARTIN PLACE - Martin Modern Pte Ltd
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2017 CONDO LAUNCHES 1550 Units Sold In 4 Months!!! Abt 210 SOLD! Abt 510 SOLD! Abt 290 Park Place Residences Grandeur Park SOLD! District 14, 99 yrs Residences Clement Est. $1,8xxpsf District 16, 99 yrs Canopy Est. $1,4xxpsf District 5, 99 yrs Est. $1,4xxpsf Abt 410 Abt 130 SOLD! SOLD! Seaside ARTRA Martin Residences District 3, 99 yrs Modern District 15, 99 yrs Est. $1,6xxpsf District 9, 99 yrs Est. $1,7xxpsf ? psf Martin Modern is the only D9 launch this year!
Bullish Land Bidding By Developers! 13 bidders! PSF PPR $1,239 14 11 bidders! 24 bidders! D9 bidders! $998 $1,001 $939 D3 D8 9 D21 bidders! $565 D18 Martin Place Margaret Drive Perumal Road Toh Tuck Road Tampines Ave 10 (Parcel C) 1-Jul-16 12-Dec-16 18-Jan-17 18-Apr-17 25-Apr-17
$939 psf ppr Analysts had expected heated competition for the site, but the number of bids and the price far exceeded expectations. Analysts were expecting between eight and 16 bids. The top bid translates to a price of $939 per square foot per plot ratio, far exceeding the $600 to $700 psf ppr range of estimates. The last residential site to be launched in the area was in Jalan Jurong Kechil in 2012, on which The Hilford - a 60- year leasehold development - is being built.
$565 psf ppr The tender for a 2.17ha residential site at Tampines Avenue 10 (Parcel C) closed yesterday after attracting nine bids from property developers, said the Urban Redevelopment Authority (URA). Bellevue Properties, a unit of City Developments Limited (CDL), submitted the top bid of $370.1 million for the 99-year leasehold site. This translates to about $565 psf per plot ratio (psf/pr). Chinese developers Kingsford Development and Qingjian Realty were the next two highest bidders at $350 million and $345 million, respectively. A spokesperson for CDL said that its bid for the site topped the tightly contested tender by a 5.7 percent margin over the second highest bid. Launched for sale on 14 March under the confirmed list of the first half 2017 Government Land Sales Programme, the site could yield about 715 homes. It is sandwiched between two condominium projects, The Santorini and The Alps Residences. The nearest MRT station is the upcoming Tampines West station along the Downtown Line. Nearby amenities include Courts Megastore, Giant Hypermarket and IKEA Tampines. There are also various schools within the vicinity, including United World College of South East Asia (East Campus) and Temasek Polytechnic. “Although nine bidders is a good turnout, it is less than expected and this could possibly be due to bidders being drawn to the Stirling Road site as well as the Lorong 1 Realty Park parcel, which are more attractive sites,” said Ong Teck Hui, National Director, Research & Consultancy at JLL. Despite this, he noted that the top bid is 17 percent higher than the $483 psf/pr paid for The Alps Residences site in April 2015, and is almost similar to The Santorini’s land price of $562 psf/pr, awarded in July 2013 before the effects of the Total Debt Servicing Ratio were felt. “This shows that the outlook of the top bidder is for prices to at least remain stable or turn upwards when the project is launched. The average selling price of nearby projects such as The Santorini and The Alps Residences is $1,070 to $1,090 psf,” revealed Ong. Said CDL’s spokesperson: “In the event that we are awarded the site, CDL will explore a condominium development of about 15 storeys with about 800 units. All units are expected to enjoy a North-South orientation and the development will also include a childcare centre on site.” A decision on the award of the tender will be made after the bids have been evaluated, said the URA.
Project Name Address Tenure Units Highest Land Size: TOP Floor OUE TWIN PEAKS District 9 99-year 462 36 130,981 2015 33 Leonie Hill Road, Leasehold from sq ft S239197 May 2010 UNIT TYPE SIZE sq ft LOWEST Price/PSF AVERAGE Price/PSF HIGHEST Price/PSF 2 BR 1055 $2,758,300 $2,982,903 $3,217,500 $2,615 $2,828 $3,050 3 BR 1399 $3,266,000 $3,687,967 $4,029,200 $2,335 $2,636 $2,880 1604 $3,833,560 $4,398,784 $4,865,000 $2,390 $2,743 $3,033 93% sold! Source: PropQuest Since its sales relaunch last April 2016, OUE Twin Peaks sold around 428 units to date!
Project Name Address Tenure Units Highest Land Size: TOP Floor Cairnhill Nine District 9 99-year Leasehold 268 30 114,355 Just 9 Cairnhill Road from 12 May 2014 sq ft obtained S229723 UNIT TYPE SIZE sq ft LOWEST Price/PSF AVERAGE Price/PSF HIGHEST Price/PSF 2 BR 1033-1066 $2,464,000 $2,712,187 $3,044,000 $2,384 $2,607 $2,915 4 BR 1528 $3,684,000 $3,842,150 $4,008,000 $2,410 $2,514 $2,622 91% sold! Source: PropQuest Since its sales launch last March 2016, Cairnhill NIne sold around 246 units to date!
Project Name Address Tenure Units Highest Land Size: TOP Floor GRAMERCY District 10 Freehold 174 24 169,189 2016 PARK - 57 Grange Road, sq ft Apartment S249569 UNIT TYPE SIZE sq ft LOWEST Price/PSF AVERAGE Price/PSF HIGHEST Price/PSF 2+Study 1184-1292 $2,980,000 $3,407,451 $3,770,400 $2,517 $2,726 $2,919 3 BR 1884-2207 $4,708,000 $4,734,525 $5,964,800 $2,499 $2,584 $2,785 4 BR 2562-3132 $6,401,600 $7,050,711 $7,600,000 $2,468 $2,585 $2,836 Phase 1 sold 70 out of 87 Source: PropQuest units at average $2600 psf Phase 2 (March 2017) sold 11 units at average $2800 psf
Project Name Address Tenure Units Highest Land Size: TOP Floor THE PEAK @ District 9 Freehold 60 18 16,242.88 2015 CAIRNHILL II 61 Cairnhill Circle, sq ft S229789 UNIT TYPE SIZE sq ft LOWEST Price/PSF AVERAGE Price/PSF HIGHEST Price/PSF 2 BR 829 $2,160,000 $2,338,667 $2,409,000 $2,606 $2,822 $2,910 904 $2,359,000 $2,383,222 $2,511,000 $2,494 $2,636 $2,777 98% sold! Source: PropQuest Left a 2+study PH at $4,266,000 only!
LUXURY DEVELOPMENTS IN D9 SINCE 2010 (Non Freehold) Overall Average: $2,600 psf
SURROUNDING DEVELOPMENTS RENTAL COMPARISON TOP 2011 2016 2014 2011 2010 2009 2012 2007 2009 1995 2010 1999 1997
If based on developer guide price from $2,300 psf, Unit Types Estimated Floor Area (sq ft) Estimated Quantum 2 Bedroom 820 $2,000,000 2+Study 880 $2,200,000 3 Bedroom 1050 $2,500,000 3+Study 1300 $3,100,000 4 Bedroom 1800 $4,200,000
Market Trends: Increase in demand for Luxury Condos Following an overall price BEING the crème de la crème of the non-landed residential market, homes in the Core Central Region easing in the last three (CCR) are commonly referred to as high-end or luxury homes. According to the Urban Redevelopment Authority (URA), the CCR comprises postal districts 9, 10, 11, Downtown Core and Sentosa. years, sales momentum The URA CCR Non-Landed Residential Price Index rose 0.3 per cent quarter on quarter (q-o-q) in Q2 in the CCR finally picked 2016, marking a second consecutive quarter of increase after 11 quarters of price decline since Q2 2013 to Q4 2015. That said, flash estimates showed a 1.8 per cent price drop in the third quarter; the actual up in the first half of statistics for the full quarter will only be released at end-October. 2016. The total When viewed in a broader context, Singapore recorded the ninth highest growth in ultra-luxury home transaction volume of prices out of 37 cities, with values rising 7.9 per cent in Q2 2016 from a year ago, according to Knight Frank's Prime Global Cities Index. high-end homes Following an overall price easing in the last three years, sales momentum in the CCR finally picked up in increased by 31.3 per the first half of 2016. The total transaction volume of high-end homes increased by 31.3 per cent q-o-q, or 22.3 per cent year on year (y-o-y), to 767 units in Q2 2016. Buyers are capitalising on the relatively low cent q-o-q, or 22.3 per prices to snap up luxury homes at more affordable levels. cent year on year (y-o-y), The softened prices have also provided an opportune time for investors to explore bulk-purchase of high- to 767 units in Q2 2016. end homes, as some developers look to avoid paying extension charges for the remaining unsold units in some of their projects which are at the tail-end of the seven-year grace period under the Qualifying Certificate rules. In May this year, 23 units of Starlight Suites were bought by private equity firm Evia Capital for about S$48 million. This consistent healthy absorption in the new sales CCR market has resulted in the unsold private homes island-wide shrinking by 33.8 per cent to about 23,300 units in the last five years. Among the three market segments, the CCR experienced the largest decline in unsold inventory over the five-year period, falling by half to about 5,800 units in Q2 2016. http://www.businesstimes.com.sg/hub/property-2016/high-end-homes-see-price-uptick Oct 6, 2016
Prices and yields holding up Despite the slew of cooling measures, CCR home prices have remained fairly resilient. Average prices of private non-landed new home sales in the Rest of Central Region (RCR) and Outside Central Region (OCR) fell by 5.2 per cent and 2.1 per cent y-o-y respectively in Q2 2016. Conversely, CCR homes saw average prices rising by 15.7 per cent y-o-y over the same period. The resale market saw similar trends; while RCR and OCR home prices softened 0.4 per cent and 2.8 per cent y-o-y respectively in Q2 2016, average CCR home prices increased by 10.5 per cent over the same period. Capital appreciation is a key consideration for homebuyers, especially those with long-term investment horizons. Despite a weakening leasing market, high-end homes continue to generate attractive rental yields for investors. Knight Frank's analysis of a basket of private residential properties reveals that average yields of high-end homes rose 12 percentage points (ppt) to 3.15 per cent in Q2 2016, outpacing the 5 ppt and 6 ppt increases in the mid-tier and mass-market segments, respectively. This uptrend in investment returns is expected to spur greater interest in CCR properties. Sweet deals The table shows a list of the top 10 private residential projects in the CCR, ranked by total number of units transacted over the last one year (Q2 2015 - Q2 2016). Analysing caveats lodged, the S$1-million to S$1.5-million price quantum proved to be the most common "sweet spot" price range for more than half of these developments. Leading the competition in terms of transaction activity is mixed-use development Cairnhill Nine. With its prime Orchard location and direct connectivity to Paragon, the project had sold more than 75 per cent of its total units by end-Q2 2016. Another key driver behind the strong sales is the realistic pricing strategy; based on caveats lodged as at the end of Q2 2016, more than half the units transacted had price tags ranging between S$1 million and S$2 million.
Sustainable price recovery Based on Q2 2016 URA data, about 46,800 private homes are slated for completion by end-2020. Despite the looming supply glut, most of the units are in the OCR, while the CCR is projected to constitute only 16 per cent of this upcoming completion. On a shorter-term perspective, new project launches in the CCR are expected to be few and far between. The Government Land Sales site at Martin Place awarded in July this year is likely to be the only new launch in the CCR from now till end-2017. With its prime location and proximity to the upcoming Great World MRT station, the project is expected to draw strong interest when launched. As the site can only yield a maximum of 450 residential units, some homebuyers may have to delve into the resale market or existing CCR project launches such as Cairnhill Nine (57 unsold units ) and Marina One Residences (670 unsold units) to fulfil their luxury home aspirations. According to Knight Frank's Wealth Report Attitudes Survey 2016, Singapore has re-emerged in the top-three most important global cities to ultra-high net worth individuals (UHNWIs). This accolade is reinforced by Mercer's 2016 Quality of Living City Rankings, in which Singapore has been named Asia's best city for expatriates. Despite facing higher stamp duties for their property purchases, foreign homebuyers continue to be drawn to Singapore. Foreign purchasers of CCR homes rose from 33 per cent in Q1 2016 to 33.5 per cent in Q2 2016, marking a second consecutive quarter of increase. As more expatriates and UHNWIs look towards the city-centre as their ideal place of residence, competition for CCR homes is expected to heighten further. In light of the renewed interest in CCR homes, potential homebuyers keen on securing a "value-buy" in the high-end segment may find this period a reasonable time to enter the market. As buyers continue to scour the high-end market for value-for-money properties, this return of interest is expected to further strengthen the green shoots of recovery for the luxury home segment.
Increased connectivity and new amenities in the precinct would refresh price and rents by lifting them to a higher plane Martin Modern is only the third site in District 9 to be made available in the past 10 years http://brandinsider.businesstimes.com.sg/martinmodern/ new-catalysts-to-boost-prices-in-district-9/
Market Trends: Increase in demand for Luxury Condos Mr Ong Teck Hui, JLL Singapore's national director for research and consultancy, said that the segment has picked up this year. Compared with last year, there has been an 80 per cent increase in transactions of non-landed homes with prices of $2,000 psf and above, he noted, citing caveats lodged. http://www.straitstimes.com/business/property/sales-of-upmarket-condo-units-perk-up Dec 12, 2016
The strong bids for the Toh Tuck Road site on April 11 and high developers’ sales numbers unveiled by URA on April 17 are more signs that the Singapore residential market may be turning the corner, says JLL. According to JLL, signs of recovery began last year with the luxury residential sector when prices bottomed out in 3Q2016. Based on its basket of luxury properties, JLL says prices of luxury properties fell 18.3% in 3Q2016 from their peak in 2013. Tay Huey Ying, JLL’s head of research for Singapore, says: “Prices of luxury homes have since recovered by 1.1% over the past six months.” The recovery in the luxury sector was largely due to the various types of deferred payment schemes that developers such as OUE and Wheelock Properties rolled out for OUE Twinpeaks and Ardmore III, respectively, as well as the attractive pricing of CapitaLand’s Cairnhill Nine project, notes Tay. The same cannot be said, however, about prices for mass market homes. According to JLL’s basket of properties, prices have fallen 11% since their peak in 2013. That could soon change, following the strong monthly developers sales of 1,780 units achieved in March. “Barring unforeseen circumstances, we could see prices bottoming by year-end or early next year if sales volumes continue to strengthen,” says Tay. “We could be looking at monthly developer sales averaging 750 to 800 units a month, which means we could see full-year developers’ sales coming in 20% more than the 7,900 units achieved last year.” According to JLL’s research based on household income versus average private property prices in 2016, Singapore was ranked the most affordable among key gateway cities at only 4.8 times compared The strong bids for the Toh Tuck Road site on April 11 with Hong Kong, at 18 times, and global cities such as London, San Francisco, Tokyo and Sydney, at least 10 times. In 2010, the affordability level for Singapore, London, San Francisco and Tokyo were on a par at 7.3 times; Sydney was at 10 times and Hong Kong at 11.4 times. and high developers’ sales numbers unveiled by URA That means the average person working in Singapore will be able to buy a home after 4.8 years versus 18 years in Hong Kong and at least 10 years in London, San Francisco, Tokyo and Sydney. As such, the affordability level in Singapore has improved compared with the other key gateway cities.on April 17 are more signs that the Singapore residential Although sales volume is picking up, JLL believes developers are unlikely to raise prices anytime soon market because of uncertainties may in the be turning job market the and economic corner, outlook says JLL. for Singapore. According to Chris Fossick, JLL’s managing director for Singapore and Southeast Asia, developers have refrained from raising prices because there is an element of competition among them to sell down their projects. According to JLL, signs of recovery began last year with Another sign that the residential market may be bottoming is the recent aggressive bidding for government land sales programme sites on the confirmed list. For example, the Toh Tuck Road site attracted 24 bids. the luxury residential sector when prices bottomed out inbeing “The motivation to buy land is becoming more urgent for developers as unsold inventories are slowly 3Q2016. Based cleared,” says Tay. on its basket of luxury properties, JLL says prices of luxury properties Property consultants were not surprised by the aggressive bidding by developers looking to replenish their landbanks, owing to the lower number fell 18.3% of GLS sites available in on the confirmed list. This may just be the impetus needed to revive the collective sale market. 3Q2016 from their peak in 2013. “We could see a repeat of 2005/06, where developers had no choice but to go for collective sale sites, owing to the lack of GLS sites available,” says Tay. Tay Huey Ying, JLL’s head of research for Singapore, Three sites were sold last year: Shunfu Ville, Raintree Gardens and Harbour View Gardens. There could be more, with the recent launches of two former HUDC sites for sale: Rio Casa at Hougang Avenue 7; and Eunos Ville in Eunos. says: “Prices of luxury homes have since recovered by JLL’s Tay warns, however, that not all sites put up for collective sale will succeed because developers are also mindful about not paying over-the-top prices for sites, given the uncertainties in the market. 1.1% over the past six months.” “In current market condition, collective sale sites costing below $500 million, which could be redeveloped into [projects] of about 800 units, are more palatable to developers,” says Tay. https://www.theedgeproperty.com.sg/content/residential-market-likely-recover-early-2018-says-jll
Good time to buy Singapore luxury homes: JLL Romesh Navaratnarajah • March 3, 2017 The outlook for this segment is positive as foreign purchases of high-end homes or those costing above $2,000 psf doubled last year after dropping 80 percent since 2010 following the Singapore government’s easing of its stringent manpower policy in late 2015. Notably, buyers from Malaysia, Indonesia, China, Hong Kong and Australia surged by around 300 percent in 2016 on an annual basis. Artist’s impression of Sophia Hills, a 493-unit luxury condominium near Orchard Road. http://www.propertyguru.com.sg/property-management- news/2017/3/147684/good-time-to-buy-singapore-luxury-homes-jll
COMMERCIAL PROPERTY | Staff Reporter, Singapore Published: 12 Apr 17 http://sbr.com.sg/commercial-property/news/cdls-gramercy-park-records-healthy-take
A D9 sale site is rare! Martin Place… is just the third site in District 9 to be made available in the past 10 years, noted Mr Nicholas Mak, SLP International executive director. The location is attractive…a vibrant nightlife offered at nearby Robertson Quay…connected to the central business district via park connectors, appealing to those who may want to cycle to work. The plot is close to River Valley Primary School and the future Great World MRT station, Dr Lee added. "While the absolute land price would be high, and pricey end-products more difficult to market, the lack of new development opportunities as well as an improved mood in the market will probably result in keen competition for this site," said Mr Ong
Rennie Whang A plum River Valley site is set to sell for what is believed to be a record price for a Government Land Sales (GLS) residential plot outside of Sentosa Cove. The Martin Place site in District 9 drew 13 bidders, 10 of them local developers - a clear vote of confidence for the Singapore market. GuocoLand, which is controlled by Malaysian Quek Leng Chan, submitted the top bid of $595.1 million or $1,239 per sq ft per plot ratio (psf ppr). This was just above the next bid of $588 million or $1,224 psf ppr by companies also under the Kwek family - City Developments unit Verwood Holdings, Hong Leong Holdings unit Intrepid Investments, TID Residential, and Hong Realty unit Garden Estates. The offer price of $1,239 psf ppr would be a record for a pure GLS residential site and exceeds the $1,163 psf ppr cost for the Highline Residences site in April 2013 and the $1,157 psf ppr for the Sophia Hills plot in September that year. The Sophia Hills site was the last time a District 9 site was put up for sale. In terms of absolute quantum, the $595.1 million bid is still lower than the $624.2 million a Siglap Road condo site went for in January. But the Siglap site is larger and can support 800 to 900 units. The Martin Place site has a cap of 450 homes, which works out to average unit sizes of about 100 sq m or 1,076 sq ft. "Many developers interested in this site were aware of the potential fierce competition... In order to have a fair chance... the bid had to be bullish," said SLP International executive director Nicholas Mak. GuocoLand is likely looking to set benchmark prices for 99-year leasehold homes in the area, said Savills Singapore research head Alan Cheong. These could be about $2,300 psf, exceeding even prices of freehold homes in the area. "The site is large and we will be creating a beautiful development," said GuocoLand Singapore managing director Cheng Hsing Yao. It is close to Orchard Road and the Singapore River, and just a short walk to the future Great World MRT station, he added. The upbeat sentiment displayed by developers at the tender could be due to the recent increase in sales, noted JLL national research director Ong Teck Hui. "For example, within the River Valley planning area where the site is, monthly transaction volumes of non-landed units averaged only 15 units last year but rose to 86 units in May," he said. The bidders were also probably encouraged by recent strong sales at Cairnhill Nine, said Mr Desmond Sim, CBRE research head for Singapore and South-east Asia. They were expecting to launch when the market recovers, possibly due to a tweak in cooling measures. Response to the tender "is a good sign for the prime residential market... The strong representation from Singapore developers shows that market confidence may be coming back", Mr Sim added.
Be transported into a tranquil and enchanted garden right in the heart of the city Name of housing project: Martin Modern • Name of housing developer: Martin Modern Pte. Ltd. (Reg no. 199603059R) • Licence number of housing project: C1215 • Tenure of land: Leasehold of 99 years commencing on 28 September 2016 • Encumbrances on land: Presently encumbered to Oversea-Chinese Banking Corporation Limited (as mortgagee and security trustee) pursuant to an Assignment and Mortgage executed-in-escrow in favour of Oversea-Chinese Banking Corporation Limited (as mortgagee and security trustee) • Location of the housing project: Lot 01590P of TS21 at Martin Place • Expected date of vacant possession: 30 June 2022 • Expected date of legal completion: 30 June 2025
SITE PHOTO
SITE PERIMETER PLAN
2 Towers 15 blocks 2 – 4 BR Units 800 to 1800sf KEY PLAN
About Martin Modern Located at Martin Place, Martin Modern is a new luxury residential project by GuocoLand Limited, following closely the success of its earlier luxury projects Goodwood Residence and Leedon Residence. The master architect for the project is Yip Yuen Hong from ipli Architects, a four-time President’s Design Award winner who has designed good class bungalows for some of Singapore’s most affluent and sophisticated residents. The project architect is ADDP Architects, a multi-faceted architectural practice, while the landscape work will be undertaken by ICN Design International, an award-winning landscape architectural firm. Sitting on 15.936 sqm of land, the 450-unit project will comprise two- to four- bedroom apartments across two 30-storey towers, set in lush greenery. Over 80 per cent of the land area will be turned into an enchanting garden. It is a 15-minute walk from Somerset MRT station, 5-minute walk to the upcoming Great World MRT station and is close to a number of established schools and amenities.
Preliminary Information Location: Martin Place Developer: Martin Modern Pte Ltd (subsidiary of GuocoLand Limited) Land area: 15,936.1sqm (171,535 sq ft) Max GFA: 44,622 sq m (480,307 sq ft) Tenure: Leasehold 99 yrs Expected date of vacant possession: 30 June 2022 Land Use / Plot Ratio: Residential / PR 2.8 Estimated no. of units: 450 Unit Types Estimated Floor Area (sq ft) Estimated No Of Units 2 Bedroom 820 150 2+Study 880 90 3 Bedroom 1050 90 3+Study 1300 60 4 Bedroom 1800 60
A Prestigious address, in District 9 • Short walk to GREAT WORLD MRT (Thomson-East Coast Line) & FORT CANNING MRT (Downtown Line) • Within the vicinity of including River Valley Primary School, Singapore Management University, School of The Arts Singapore, and other international schools. • Short walk to Robertson Quay, River Valley, Boat Quay where fine dining, entertainment prevails • Short drive to CBD, Orchard Road, Marina Bay A Home within a Botanic Garden • A rare & luxury resort-home concept within the posh Robertson Quay neighbourhood. • Two towers (South Tower| North Tower – up to 30 Storeys) of high-end luxury residential development with communal facilities & concierge service • Luxurious landscape concept – 80% of land used for lush greenery/ landscaping/ facilities & 2 rooftop Secret Gardens • 450 units, all of which come with a view of the gardens, the city or the Singapore River • An unforgettable gardenscape is spread over 3 levels on the site with a 10-metre upward slope from one end to the other.
Yip Yuen Hong from ipli Architects is the appointed master architect for Martin Modern while ADDP Architects will take on the role of the project architect. The landscape work will be undertaken by ICN Design International. Mr Yip is a four-time President’s Design Award winner. An extremely exclusive architect, he has designed one-of-a-kind, highly-crafted Good Class Bungalows for some of Singapore’s most affluent and sophisticated residents. He has established a signature style that is unique in Singapore. ADDP Architects is a multi-faceted architectural practice with the expertise to do a wide spectrum of projects. ICN is an award-winning landscape architecture firm.
Location Martin Place Address TBC. Vehicular ingress from Martin Place. Company name First Bedok Land Pte Ltd Company registration no. 199603059R Land area 15,936.1sqm (171,535 sq ft) Max GFA 44,622 sqm (480,307 sq ft) Tenure 99 yrs Land Use / PR Residential / PR 2.8 Maximum building height Mid-rise 20-sty & High-rise 30 sty Allowable use Residential Project completion period 60 months from date of acceptance of tender Estimated no. of units Max 450 units PROJECT DETAILS
Vantage Views at Site Singapore River View
Vantage Views at Site City View
Martin Modern Landscape Concept – Secret Gardens at the Roof Tops
Martin Modern Landscape Concept – more than 200 species of plants and more than 50 species of trees and palms, including native ones like the jelutong, meranti and chengal
Your rare abode in the heart of the city Martin Modern
Surrounded by Kim Seng Road, Orchard Road, Scotts Road, River Valley and Killiney
Be surrounded by PRESTIGIOUS PRECINCTS Orchard Road, Asia’s most famous shopping street, is home to fashion favourites, specialist stores and loads of other lifestyle choices.
DISTRICT 9/10/11 CIVIL Be surrounded by PRESTIGIOUS DISTRICT PRECINCTS The Civic District is home to important buildings such as the Parliament House, the former Supreme Court, and the City Hall building.
DISTRICT 9/10/11 Be surrounded by PRESTIGIOUS PRECINCTS Part of Singapore’s CENTRAL Downtown Core, the BUSINESS Central Business DISTRICT District is Singapore’s business and financial hub.
The NEW District 9 Be in an area of GROWTH MARTIN MODERN FORT CANNING KIM SENG PRECINCT KIM SENG & OUTRAM SINGAPORE RIVER GROWTH CORRIDOR PRECINCT Upcoming exclusive residence enclave CLARKE OUTRAM QUAY PRECINCT
The NEW District 9 Be in an area of GROWTH THE CBD EXTENSION: MARINA BAY FINANCIAL CENTRE Marina Bay has been planned as an extension of Singapore’s downtown. With a vibrant mix of uses and a high quality live-work-play THE CBD EXTENSION: environment, this locale draws a diversity of MARINA BAY FINANCIAL individuals who enjoy the CENTRE urban lifestyle.
SOMERSET MRT BY FOOT GREAT MARTIN WORLD MODERN MRT RIVER VALLEY PRIMARY 2 mins to FORT River Valley Primary CANNING School MRT 10 mins to Great World MRT 15 mins to Fort Canning MRT 15 mins to Somerset MRT
BY TRAIN GREAT WORLD MRT Thomson East-Coast GREAT MARTIN Line WORLD MODERN MRT 4 mins to Outram Park FORT 8 mins to Shenton Way CANNING MRT 14 mins to Gardens by the Bay FORT CANNING MRT Downtown Line 6 mins to Downtown 12 mins to Bugis
DTL3: JOURNEY TO THE EAST Estimated date of completion: 2017 Length: 21km Stations: 16 Interchanges: MacPherson, Tampines, Expo Fort Canning – Bencoolen – Jalan Besar – Bendemeer – Geylang Bahru – Mattar – MacPherson – Ubi – Kaki Bukit – Bedok North – Bedok Reservoir – Tampines West – Tampines – Tampines East – Upper Changi - Expo
2021: THOMSON-EAST COAST LINE DIRECT ACCESS TO THE CBD AND MARINA BAY Hop on to the TEL for work or leisure! Commuters going to Shenton Way, Orchard or Gardens by the Bay have the option of breezing there by train. Mount Pleasant - Stevens - Napier - Orchard Boulevard - Orchard - Great World - Havelock - Outram Park - Maxwell - Shenton Way - Marina Bay - Marina South - Gardens by the Bay Estimated date of completion: 2021 Stations: 13 Interchanges: Stevens Orchard Outram Park Marina Bay
BY CAR 3 mins to CTE 7 mins to MCE 5 mins drive to CBD 6 mins to Nicoll Highway
BY RIVER TAXI 7 mins to Clemenceau 15 mins to Clarke Quay 25 mins to Boat Quay 35 mins to Esplanade
BY CYCLE 4 mins to Alexandra Park Connector 6 mins to CBD 20 mins to Gardens By The Bay
ROBERTSON QUAY A UNIQUE QUAINT NEIGHBOURHOOD This tranquil enclave is a hip precinct right beside Singapore River. Filled with an eclectic mix of international restaurants with alfresco dining, wine bars, arts houses, cafes and luxurious residential, Robertson Quay has come into its own with a string of pleasant dining spots that have attracted their own following. The perfect place for an intimate dinner by the River or a hip and happening evening to chill out with friends.
ART HOUSES @ ROBERTSON QUAY STPI is a global leader in contemporary art practice with TheatreWorks is an independent, non-profit Singaporean print and paper, creating unique and quality artworks in theatre company that develops and nurtures professional collaboration with leading artists from around the arts skills. It supports Singapore artists, and articulates the world. Singapore arts through its various productions and developmental programmes.
SCHOOLS NEAR ROBERTSON QUAY 8 min drive to SMU 4 min walk to River Valley Pri Sch Some of the country’s most well-known schools can also be found within the vicinity of Robertson Quay, including River Valley Primary School, Singapore Management University, School of The Arts Singapore, and other international schools. 8 min drive to SOTA
F&B / NIGHTLIFE @ ROBERTSON QUAY SUPERLOCO P.S. CAFE COMMON MAN CAFE
NEW DEVELOPMENTS @ ROBERTSON QUAY THE WAREHOUSE HOTEL Open as of January 2017, The Warehouse Hotel delivers thoughtful hospitality with historically-detailed rooms, classic local dishes and craft cocktails in the vibrant neighbourhood of Robertson Quay.
NEW DEVELOPMENTS @ ROBERTSON QUAY INTERCONTINENTAL ROBERTSON QUAY AND QUAYSIDE The project comprises the luxurious 5-star InterContinental hotel, along with 100,000 square feet of lifestyle retail fronting the Singapore River. Together, they promise to create an unparalleled experience and become Singapore’s most vibrant F&B retail and lifestyle destination.
NEW DEVELOPMENTS @ ROBERTSON QUAY M SOCIAL Nestled in the heart of vibrant Robertson Quay along the iconic Singapore River, M Social Singapore offers accommodation away from the hustle and bustle of the city.
It’s nice that it’s on the fringe of all the excitement… Robertson Quay is one of the most diverse neighbourhoods in Singapore, with a good mix of locals to expats. - Mr. Wee Teng Wen (The Warehouse Hotel) Our guests have given us feedback that it almost feels like a different place altogether — a truly unique and amazing environment. - M Social’s spokesperson …easy access to several iconic attractions and Singapore’s major landmarks — it is close to the Orchard Road shopping area and the heritage district of Chinatown… - Mr. Mark Winterton (Robertson Quay InterContinental’s general manager)
TARGETED BUYERS The New Rich Families • Has recent wealth • Like the neighborhood due to excellent establishment location and reputable schools. • Aspirational and affluent class. The Artist • Appreciate a different lifestyle. Savvy Investors • Enjoys arts/architecture. • Looking at renting as area is popular • Likes living in a hip/trendy locale among expatriates with interesting range of • Know that it is right time to commit a facilities. purchase as luxury segment has bottomed out in price and this is the opportunity to acquire a good quality product.
Estimated Targeted Timeline Preview starts on 8 July 2017 Launch on 22 July 2017 Formation of Core Team Taggers 6 Appointed DDs In-charge Bryan Setho Don Ng Kelly Yu Mark Kong Raymond Ho Zac Huang 9062 1168 8666 7222 9388 8897 9009 1122 9276 8000 9748 8168
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