The M Condo is a mixed residential development that will be situated in District 07, which is also considered to be Core Central Region (CCR) in Singapore . Ongoing transformation is being built in the Rochor Planning Area, which is Singapore’s growing culture, art, education, and entertainment district. It is one of the famous areas that is rich in cultural and architectural heritage, and the government is planning to transform the whole bugis area stretching all the way to kallang basin.
The land of this plot was inaugurated in the year 2018 by URA ( Urban Development Authority) as it was part of the GLS (Government Land Sales Program) for the second half of the year. The total area of M Condo is approximately 1.16 hectares and has a gross plot ratio of 4.2. It has a lease of 99 years starting from 2018. With a total of 522unitsthis luxury high rise building will offer a scenic view of the majestic Singapore City skyline, and a mesmerizing sea view that totally depends on which direction the blocks are facing.
There is a lack of residential developments in district 7 with the likes of examples like The Riverine by the Park, Concourse Skyline, City Gate, South Beach Residences, DUO Residences, Citylights, and Kallang Riverside. WingCharm Investment Pte Ltd won the tender with a big $490 million beating rest of nine bidders. It is a wholly-owned subsidiary of a reputable real estate developer, known as Wing Tai Holdings. The winning bid changed to $1458 per square foot per plot. The Greatview investment and MCC land came in second place with $351.9 million, and the price per square feet per plot was $1043.
The massive bid is proof of the prime location of this land parcel. With the improvement, this portion of Beach Road is swiftly becoming an upscale neighborhood humming with vibrancy and growth.
The M Condo is located in the Bugis District on a coveted land parcel, and the land is for mixed-use residential and commercial purposes. The best part is that it will comprise of private luxury residential apartments atop F&B and retail and commercial podium founded at the first level of the development. By the report published by CBRE, this specific land is alluring with its perfect strategic location, in the future that will allow its residents to enjoy easy convenience to loads of amenities and facilities just around the corner. This community will be a perfect area to live, work, and enjoy as it is surrounded by plenty of entertainment and dining options and many more.
Wing Tai Holdings is known to be the most popular and longest established real estate developers and lifestyle companies in Singapore. The company was established in the year 1955, Hong Kong. In the year 1963, it was inaugurated in Singapore.
In the year 1989, The Group was listed on the Singapore Stock Exchange as an investment holding firm with its assets surpassing $4.5 billion. The main businesses of Wing Tai Asia are in the sectors of property development, lifestyle retail, property investment, and hospitality management. The Group’s focuses are largely in Asia’s growth markets.
The M’s prime location will be the most attractive selling point for this development. Only Duo residence and future Midtown bay is 5 mins walk to Bugis mrt
In the Bugis area, there are a lot of luxury retail amenities that presents a perfect urban vibe with a vibrant culture of heritage. The future North-South Corridor that is the MRT service line that is quite near to the highways, will offer a swift pathway to other destinations that are located in the region. The project or development is expected to be finished by the year 2024, and after its completion, it will contain one six levels of high rise and around twenty levels tall towers. Nonetheless, the development will consist of a total of about 522 apartment units.
Studio apartments are also available at the M condo. It has about forty-eight units and their sizes vary between 409 and 420 square feet, ninety-six units of the one-bedroom type which sized between 408 and 496 square feet, eighty-nine units of one bedroom with a study type which are sized at 527 square feet, around 170 units of the two-bedroom type that range between 592 and 666 square feet, 102 units of two bedrooms with study type that ranges between 720 and 765 square feet and last but not the least, seventeen units of three bedrooms with dual key type and its size is about 905 square feet.
The luxury facilities that these development offers are Fifty-meter Starlight Pool, Hydro Pool, Jacuzzi Lounge and Party Lounge, Aqua social terrace, The Hangout, Sun Deck and Chill deck, Club M, Fitness X, The Bar, The Grid, Rain garden, gym, Golf Snooker, garden shower, Yoga deck, Outdoor gym, Herbal Enclave, sky lounge, The Cabana, Wine, and roast, Star Deck, and many more. Specifically for residents, about 261 car parking slots and approximately 132 bicycle lots will be available for them.
The land shape of the M Condo is a rectangular, and it is situated along the Middle Road. On the three sides of the site will be flanked by rows of low-rise buildings, which provides a connection to the courtyard effect.
Towards the southwest direction beyond the Middle Road is also low-rise buildings. These are largely shophouses that extend from Purvis Street, Seah Street up to the Raffles Hotel. Towards the North Eastbound of the site will be similar to three rows of conserved shophouses. That implicates that the location of The M flanked closely by many buildings, actually does usually provide an open feel to it. This will give pocket views minimally to the city skyline of the Orchard area and the downtown financial district. It will also see the waterfront at the Marina Bay and the Kallang Basin.
The M Condo Singapore has the perfect locations as it is on the centralized location that is the extension of the Downtown Core of Singapore. It is located within the area of Beach road that is enduring improvement other than the financial districts of the Marina Bay, Shenton Way, and the Raffles Place.
Nicoll Highway is near the M Condo, which is located along the Middle Road and is between the Beach Road and the North Bridge Road. The coming coveted address will be shared among esteemed neighbors such as South Beach, the Guoco Midtown, DUO, and The Concourse Skyline.
Numerous dining and shopping options surround the location of The M. The new coveted addresses will be shared between the profound neighbors like The Concourse Skyline and South Beach. Multiple shopping and dining options are near to The M. Other than having the convenience to them at the Guoco Midtown that is right across the Beach Road, and prospective residents will have more choices than Bugis Junction, which is located on another side of the North Bridge Road.
The Suntec City Shopping Mall, a mega retail hub, is also close by its wide array of lifestyle and retail outlets, major banks, restaurants and cafes, fast food joints, and food courts.
The beautiful local colors that can be found at the conservation shophouses that are flanking the stunning streets in the area of The M Condo site. Some of the old famous and popular ones are situated along Beach Road, Purvis Street, Middle road, and Seah Street.
Whenever you are with family ones, and you have a special occasion or want to hang out with your loved ones, to spent a good time you can avail multiple options of dining, entertainment and they can head towards to the Raffles Hotel or The South Beach that is just in walking distance from The M.
The main concern of the residents is that they always look for a place where schools or educational centers are nearby. So the residents of The M do not have to worry about that, as multiple renown education centers can be found nearby it. Residents who are thinking of raising a family or already have kids, then this place is perfect and suitable for them in every perspective. Mostly the schools are located within five minutes walk from the development.
If there’s any project that ticks all the box , this might be the one. Great location, reputable developer, relatively lower than the market transected value around the bugis vincity, high rental yield , high occupancy rate. This explains the phenomenal why the M was 70% sold during launch day, a rare sight in today’s market after numerous cooling measures imposed. The nearest neighbour Midtown bay is averaging around $3000/psf and South beach residence is averaging around $3300/psf. You might still find the M with some units around the $2600/psf range as of today and the huge gap in price compare to the neighbour is a comfortable safety net for any investors who are keen. Highly recommended for any investors or young couples looking for to stay in the city.
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