Midtown Bay by GuccoLand

13/07/2019

*💌Exclusive Invitation*

_⚜You’re invited to Andaz Hotel to Explore the Golden Opportunity of how to be part of the Beach Road Game Changer!_⚜

_Register Now as Limited seats available..._

*Venue: Garden Studio, Level 3, Andaz Hotel*

*Date: 14th July, Sunday*
*2pm-3pm ~Session 1(English)*
*4pm-5pm ~Session 2(Chinese)*

_*🖊Registration will starts 30mins earlier before seminar_

*RSVP* 📥
Jasmine Ye 96773449
R060349R

*Seminar Location 🚗*
bit.ly/AndazHotelLocation

04/05/2019

Best of the week: Having transformed the Tanjong Pagar neighbourhood with its $3.2 billion Tanjong Pagar Centre integrated development, GuocoLand intends to repeat that feat at the junction of Beach Road and Rochor Road with its upcoming Guoco Midtown

Having transformed the Tanjong Pagar neighbourhood with its $3.2 billion Tanjong Pagar Centre integrated development, GuocoLand intends to repeat that feat at the junction of Beach Road and Rochor Road with its upcoming Guoco Midtown

23/04/2019

Guoco Midtown by GuocoLand will feature a 30-storey office block, a residential tower with more than 200 units and an array of public spaces across a gross floor area of almost 1 million sq ft.

SINGAPORE - The Beach Road area is set for a fillip with the addition of a $2.4 billion mega mixed-use development, further cementing the Ophir-Rochor corridor as a work-live-play hot spot near the Central Business District.. Read more at straitstimes.com.

30/03/2019

New Bugis GLS site set to be hotly contested.

The government has released a site along Tan Quee Lan Street for sale by public tender under the Confirmed List of the 1H2019 Government Land Sale (GLS). The 99-year leasehold site in the Bugis area is zoned for residential with commercial on the first storey, and occupies a 124,117.5 sq ft plot.

This site is expected to be the most attractive of all the sites on the 1H2019 GLS Confirmed List and is expected to be hotly contested, says Tay Huey Ying, head of research and consultancy at JLL Singapore.

The site has a high-rise zone with a maximum building height of 30 storeys, as well as a low-rise zone for a six-storey building. The new development has a maximum gross floor area of 521,295.7 sq ft, and is estimated to comprise up to 580 residential units. The development will not be subject to the rule on minimum unit size as it is located in the Central Area. Up to 21,528 sq ft of the total GFA will be set aside for commercial use.

The successful tender is expected to set “benchmark land pricing for a residential site in the area”, and the site benefits from its superior city-centre location and good connectivity, says Tricia Song, head of research for Singapore at Colliers International.

Source: EdgeProp

12/03/2019

GuocoLand marked the groundbreaking of Guoco Midtown the Singapore-listed property developer’s new mixed-use development at Beach Road, on November 25. GuocoLand and Guoco Group jointly won the 99-year leasehold, two hectare site with a bid of $1.622 billion in September last year with a bid of $1.622 billion or $1,706 psf per plot ratio.

The new development will be the “final critical piece of jigsaw that completes the transformation of the area”, says GuocoLand in a release. Guoco Midtown will have a total gross floor area of 950,500 sq ft, of which 770,000 sq ft will be Grade-A office space; 30,000 sq ft retail and entertainment; and more than 200 residences. On the site is the former Beach Road Police Station, a three-storey, colonial-era building constructed in 1934, and given conservation status in 2002.

Guoco Midtown will boast unblocked views of Marina Bay, Kallang Basin, Orchard Road and the sea. The integrated development will have a direct underground link to the Bugis MRT station, an interchange for the East-West and Downtown Lines. It will also be linked above ground to neighbouring buildings such as South Beach, which has a direct link to the Esplanade MRT station on the Circle Line; and is within a short walk to Raffles City and City Hall MRT interchange station for the North-South and East-West Lines. It is well-served by highways such as Nicoll Highway and the future North-South Highway.

“We have a strong track record of building successful and transformative mixed developments,” comments Raymond Choong, group president & CEO of GuocoLand. He points to GuocoLand’s integrated development, Tanjong Pagar Centre: "Our Guoco Tower has uplifted the image of the Tanjong Pagar District; it is now perceived as a prime office location and leisure destination in the Central Business District."

Choong adds, “In the same way, Guoco Midtown will redefine the Beach Road area by introducing trend-setting concepts for office, retail and residential, It will also have some unique public spaces which will attract many people to Guoco Midtown.”

Guoco Midtown will be linked to the East-West, Circle, Downtown and North-South MRT lines (Photo Credit: GuocoLand Singapore)

According to Cheng Hsing Yao, GuocoLand Singapore’s group managing director, Guoco Midtown will appeal to forward-looking companies in the new economy who want a more vibrant, dynamic and collaborative work environment to attract the right talent. It will also appeal to retail and F&B operators looking for a different environment to develop novel concepts.

There will also be many lively and green public spaces, which will engage the community with year-round festivals and events, says Cheng.
“Guoco Midtown is a future-ready and ‘best-in-class’ development that will support the new way of working and living, and will elevate the positioning of the district,” adds Cheng. Guoco Midtown is scheduled for completion in 1H2022.

Source: The Edge Property