With tons of newer projects launching at higher price points, this 450-unit luxury condominium within District 9 of Singapore, by GuocoLand could actually be the best condo project in 2019.
In recent years, you may have seen or heard countless new launches in Singapore – be it in the north, south, east or west. But if there’s one place that will steal a property buyer’s heart for sure, it will definitely be the grand District 9, which comprises of Orchard, Somerset and River Valley precincts. This is where the new Martin Modern condo will be.
What makes Martin Modern condo so special and a project not to be missed is its excellent location in the city center. In fact, it’s one of the rarest locations in Singapore where you will see a land sale from government taking place. The last one was in fact at Mount Sophia back in 2013, which currently sits Sophia Hills condo by Hoi Hup Realty.
The subject plot of land was, in fact, one of the most eye-catching land tenders in 2016. It drew a total of 13 bids with a top bid coming in from GuocoLand at $595.1 million (or $1,239 psf ppr), making it even more pricey than the last government land sale (GLS) at Mount Sophia.
Let’s take a look at what Martin Modern has to offer to Singapore’s property market and is this going to be the best condo project in 2019.
Martin Modern Developer
This developer for Martin Modern needs no further introduction – seriously. Being branded as a luxury developer and one of the real estate arms of Hong Leong Group, GuocoLand is a prime real estate developer in Singapore which is very well-known for delivering some of the finest real estate projects.
If you’ve seen some of their newest projects, such as Leedon Residence and Goodwood Residence, you will totally appreciate the kind of quality which GuocoLand is capable of offering – at an unmatched value.
With the property market being subdued for the last couple of years, Sims Urban Oasis at Aljunied is, in fact, their only ongoing new launch project right now. Despite being in the suburban region, GuocoLand is not shortchanging buyers and is not compromising on the quality being offered.
Martin Modern Location
Martin Modern is perhaps most attractive in terms of its location. Being located in one of the most highly sought-after locations by expatriates, this classy condo development already has several dining and entertainment options within the Robertson Quay neighborhood.
Further down, there are established shopping malls and complexes around its vicinity, including [email protected], Orchard Central, UE Shopping Mall, Liang Court and Great World City.
Living at Martin Modern is where you will probably get the best of both worlds – living in the city center and yet you are situated away from the hustle and bustle. Rarely you will find exclusive living and convenience blending into one.
Apart from shopping malls, however, some renowned primary schools and international schools are also located nearby. So if you are concerned about where your child will go to school, you have plenty of options at your disposal. One of the top draw and parents’ favorite will be River Valley Primary School. At Martin Modern, you are almost guaranteed entry into one of the top primary schools in Singapore.
Other than that, the likes of Chatsworth International School, Singapore Management University, Overseas Family School and Anglo-Chinese Junior School are all pretty close as well.
In terms of connectivity, thanks to its close proximity to major arterial expressways like Ayer Rajah Expressway (AYE) and Central Expressway (CTE), residents at Martin Modern will have easier access traveling around the island. Apart from that, the condo is situated within walking distance to the upcoming Fort Canning, Great World, and Somerset MRT stations, which connects you to the rest of Singapore in a jiffy!
Martin Modern Condo Facilities
If condo facilities are something you will consider when buying a home, Martin Modern is prepared to attract prospects who are looking for a wide range of amenities from a prime real estate development.
As it states, Martin Modern will have more than 80% of the land area being turned into an exclusive botanic garden with a pasture of primitive trees and vegetation – more than 200 different species of plants and over 50 different breeds of palms and trees.
Besides a swimming pool, pool spa, tennis court, clubhouse, and deck, the condo also boasts of a well-equipped gym and a BBQ facility for you to spend lazy weekends with friends and family.
As mentioned earlier in the post, if you have seen some of GuocoLand’s earlier projects, you can be sure that they will be able to offer the similar standard grade of facilities for the future residents at Martin Modern.
Martin Modern Floor Plan and Unit Types
It consists of 450 units in total and as a matter of fact, it is a rather straightforward development with units spreading across just two 30-storey residential towers. You can take a look at the Martin Modern site plan before for a clearer idea of the orientation.
GuocoLand has released the following floor plans for Martin Modern. On top of that, here is the list of unit types and their sizes which will be available in this development:
- 2-Bedroom (764 sq ft)
- 2-Bedroom + Study (850 to 883 sq ft)
- 3-Bedroom (1,012 to 1,087 sq ft)
- 3-Bedroom Premium(1,324 to 1,421 sq ft)
- 4-Bedroom (1,701 to 1,798 sq ft)
If you had noticed, there aren’t any 1-bedroom or studio units at Martin Modern. They probably have analyzed the demographics and demand in the area to stick with developing bigger unit types.
Martin Modern Showflat
At this point of time, the Martin Modern showflat is only opened for private preview and is located on its actual site. The tenative opening hours are only from 10 am to 6 pm.
If you are keen to have a look, you can contact us at (+65) 6631-8384 or drop us a note below and we will see if we can get you an appointment.
Martin Modern Price Guide
As of 09 January 2019, we’ve received the following Martin Modern price guide from developers GuocoLand.
|2-Bedroom||764 sq ft||S$1.99m – S$2.2m|
|2-Bedroom + Study||850 – 883 sq ft||S$2.359m – S$2.5m|
|3-Bedroom||1,012 – 1,087 sq ft||S$3.173m – S$3.244m|
|3-Bedroom Premium||1,324 – 1,421 sq ft||S$3.796m – S$3.995m|
|4-Bedroom||1,701 – 1,798 sq ft||S$4.624m – S$4.88m|
Please note that the above Martin Modern price guide is subjected to future changes and doesn’t constitute to the eventual sale price. For further updates, you can reach us by filling up the contact form below.
Martin Modern Review
The Robertson Quay precinct has always been one of the top spots in District 9 as the perfect choice for the yuppies and those who choose affordable luxury living along with a stress-free life.
Martin Modern offers an array of attractive options for people who enjoy the outdoors, as it is located near the Singapore riverside.
The number of amenities and living concept provided at the condo is perhaps unmatched in the area. Not surprisingly, thanks to its developer GuocoLand who has successfully delivered a number of real estate projects in the past and made a name for itself as one of the most reputable developers in Singapore’s property market.
The newest developments in the area would be [email protected] Quay by City Developments Ltd – completed in 2016 and Starlight Suites by TA Corporation – completed back in 2015.
Martin Modern Condo by CDL
Given the indication of an average psf price of S$2,300, it does sound kinda steep if you were to compare to the other current launch in District 9 – Sophia Hills, which is only averaging around S$1,965 psf for the past 6 months (as of 05 June 2017).
However, if you are just comparing between projects within the Robertson Quay and Martin Place precincts, you may want to put some serious consideration into Martin Modern for your next property acquisition.
As usual, we will start off our Martin Modern review with some apple-to-apple comparisons.
The newest 99-year project in the precinct is, in fact, [email protected] Quay – a mixed hotel (M Social) & residential development by CDL. Here are some of its earlier transactions (sold directly by the developer):
|Contract Date||Address||Size (sq ft)||PSF Price (S$)||Total (S$)|
|20-Jan-16||92 ROBERTSON QUAY #06-08||1,119||1,985||2,222,000|
|20-Jan-16||92 ROBERTSON QUAY #07-09||570||2,652||1,513,000|
|12-Jun-13||92 ROBERTSON QUAY #05-05||753||2,856||2,152,000|
|5-Apr-13||92 ROBERTSON QUAY #05-09||570||2,638||1,505,000|
|25-Jan-13||92 ROBERTSON QUAY #04-09||721||2,011||1,450,000|
|13-Dec-12||92 ROBERTSON QUAY #08-09||570||2,363||1,348,000|
|11-Dec-12||92 ROBERTSON QUAY #07-02||463||2,761||1,278,000|
|6-Dec-12||92 ROBERTSON QUAY #06-10||570||2,351||1,341,000|
|5-Dec-12||92 ROBERTSON QUAY #08-10||570||2,363||1,348,000|
|5-Dec-12||92 ROBERTSON QUAY #09-01||463||2,772||1,283,000|
If you are someone who is looking at investment opportunities (not a short-term one please) in the area – which I feel is a fantastic location for owning a property, you can probably look at some of the ready or resale projects (and yes, they are all freehold).
|Project Name||Completion||Tenure||Average PSF (S$)||Price Range|
|RIVERGATE||2009||Freehold||1,948||$2.8 – $6m|
|WATERMARK ROBERTSON QUAY||2008||Freehold||1,626||$1.58 – $2.8m|
|MARTIN NO 38||2011||Freehold||2,274||$2.18m – $2.22m|
|MARTIN PLACE RESIDENCES||2011||Freehold||1,930||$2.23m – $2.7m|
**The data above is based on the last 6 months of transactions (as of 05 June 2017)
It’s no doubt that Martin Modern will be a great development for buyers looking to purchase for own consumption and prefers a brand new condo, as it provides good access to the whole of Singapore through its close connection to major arterial roads and expressways.
It is no surprise that Martin Modern will appeal to the mass buyers who have the budget for District 9 properties with all the plus points in the development. It gives homeowners the epitome of luxury class living, at the same time affordable, in one of the prime districts in Singapore.