journo
31-08-22, 11:08
One-bedder at Midtown Bay hits psf price high of $3,454
August 26, 2022
https://i.imgur.com/38hogQB.jpg
A 484 sq ft one-bedder at Midtown Bay, the luxury condominium at mixed-use project Guoco Midtown, was sold on Aug 9 for $1.69 million or $3,454 psf. This marks the highest psf price transacted at Midtown Bay this year, and the highest among all condominiums that registered new price highs for the period of Aug 7 to 16.
The 99-year leasehold project has 219 units comprising a mix of one-, two- and three-bedroom apartments with sizes ranging between 409 and 1,324 sq ft. Since its launch, 88 units have been sold based on caveats lodged at an average price of $2,971 psf, translating to a take-up rate of 40%.
Midtown Bay is one of two residential developments at Guoco Midtown in the Bugis-Beach Road area, the other being the 558-unit Midtown Modern. Other components at Guoco Midtown include 770,000 sq ft of Grade-A office space, an 80,000 sq ft business and lifestyle hub, and over 30,000 sq ft in retail space. The development will be completed in phases from 4Q2022.
Guoco Midtown will have a direct underground link to Bugis MRT Interchange Station for the Downtown and East-West Lines.
Another upcoming project in the Bugis-Beach Road district, Wing Tai Holdings’ The M, also saw a new psf price high when a 527 sq ft, one-bedroom-plus-study unit was sold by the developer for $1.69 million, or $3,174 psf, on Aug 13. This marks a new all-time price high for the development since its launch in February 2020.
The M is a 99-year leasehold project on Middle Road that will comprise three 20-storey towers and a six-storey tower. There are a total of 522 residential units as well as commercial units available on the ground floor.
Read more at: https://www.edgeprop.sg/property-news/one-bedder-midtown-bay-hits-psf-price-high-3454
August 26, 2022
https://i.imgur.com/38hogQB.jpg
A 484 sq ft one-bedder at Midtown Bay, the luxury condominium at mixed-use project Guoco Midtown, was sold on Aug 9 for $1.69 million or $3,454 psf. This marks the highest psf price transacted at Midtown Bay this year, and the highest among all condominiums that registered new price highs for the period of Aug 7 to 16.
The 99-year leasehold project has 219 units comprising a mix of one-, two- and three-bedroom apartments with sizes ranging between 409 and 1,324 sq ft. Since its launch, 88 units have been sold based on caveats lodged at an average price of $2,971 psf, translating to a take-up rate of 40%.
Midtown Bay is one of two residential developments at Guoco Midtown in the Bugis-Beach Road area, the other being the 558-unit Midtown Modern. Other components at Guoco Midtown include 770,000 sq ft of Grade-A office space, an 80,000 sq ft business and lifestyle hub, and over 30,000 sq ft in retail space. The development will be completed in phases from 4Q2022.
Guoco Midtown will have a direct underground link to Bugis MRT Interchange Station for the Downtown and East-West Lines.
Another upcoming project in the Bugis-Beach Road district, Wing Tai Holdings’ The M, also saw a new psf price high when a 527 sq ft, one-bedroom-plus-study unit was sold by the developer for $1.69 million, or $3,174 psf, on Aug 13. This marks a new all-time price high for the development since its launch in February 2020.
The M is a 99-year leasehold project on Middle Road that will comprise three 20-storey towers and a six-storey tower. There are a total of 522 residential units as well as commercial units available on the ground floor.
Read more at: https://www.edgeprop.sg/property-news/one-bedder-midtown-bay-hits-psf-price-high-3454