(GUOCO) MIDTOWN BAY

PROJECT DETAILS

Name:   Midtown Bay (residential component of Guoco Midtown)
Tenure:   99 years from 2018
Address:  122 Beach Road
Expected T.O.P. Date:  2022
No. of Storeys:  33 storeys
No. of Units:  219 units

Types of Units
1 bedroom – 107 units (409 – 527 sqft)
2 bedroom – 72 units (732 – 775 sqft)
2 bedroom duplex – 32 units (990 – 1152 sqft)
3 bedroom duplex – 8 units (1324 sqft)

CONDO REVIEW

Guoco Midtown is a proposed new mixed-use development that comprises premium Grade A office space, public and retail spaces, residential units, and the former Beach Road Police Station, a conserved building.   It is located within the Central Business District, at the intersection of two key development corridors along Beach Road and Ophir-Rochor Road, and will be served by four MRT lines and Nicoll Highway, as well as the North-South Expressway in the future.

In June and July 2019, the developer (Guocoland) gave a series of agent briefings for Guoco Midtown (of which Midtown Bay is the residential component) — ahead of Midtown Bay’s official launch in Sep/Oct 2019.

During the briefings, there was a palpable sense of excitement about the possibility of yet another iconic landmark in Singapore’s city centre.  This development may turn out to be in the same class as Guoco Tower and the neighbouring South Beach integrated development, perhaps even better?    This is because the developer has taken the insights learnt from these 2 earlier mixed-use developments in conceptualising Midtown Bay.

Straddling between the Bugis MRT vicinity developments on one side, and Suntec City / Marina Centre developments on the other side, Guoco Midtown will provide the seamless connectivity between these 2 precincts.  In future, it would be possible to walk from Guoco Midtown via an underground pedestrian link to Bugis MRT and Bugis Junction (via DUO Residences), and also possible to walk to City Hall MRT and Raffles City via an overhead link to Suntec City and then making use of the underground CitiLink Mall connection.

In addition to its excellent connectivity, residents at Midtown Bay will have easy access to the facilities / amenities at Guoco Midtown, including free membership (for a limited period) at the latter’s WeWork-type offices.  To serve the tenants in its office complex, Guoco Midtown will have its own lap pool and jogging track.

In Q3 2019, Guocoland also won the GLS tender for the neighbouring plot of land (residential with commercial on 1st storey) at Tan Quee Lan St for $800m.   While Midtown Bay caters to urbanites by blurring the lines between home and office, the Tan Quee Lan St site will focus on family-sized and larger units.

Guoco Midtown (together with the neighbouring Tan Quee Lan St plot) is expected to rejuvenate Beach Road by being the final critical piece of jigsaw that completes the transformation of the precinct.   It sits squarely at the heart of the government’s ongoing transformation of the Beach Road / Rochor-Ophir Road corridor (click here for details).   Eventually, I see D1, D2, and D7 forming a “Greater CBD” as the government’s Master Plan incentives and action plans to rejuvenate the City Centre gradually bear fruit.

Click here for the LAUNCH WEBSITE

Click here for the eBROCHURE

Click here for the Typical Floor Plans

Click here for the Drone view based on top floor est 130m

Click here to watch CNA news on Guoco Midtown

NEWS

ST 2 Oct 2019:   GuocoLand’s mega project gets bigger with addition of $800m site

TODAY 1 Oct 2019:  Midtown Bay residential part of Guocoland’s $2.4b mixed use project at Bugis launching Oct 5

BT 1 Oct 2019:  Guocoland’s Midtown Bay condo to open for booking on Oct 5

ST 3 Oct 2017:  GuocoLand wins Beach Road commercial site tender with $1.622 billion top bid, plans to build ‘work-live-play’ project

ST 26 Nov 2018:  GuocoLand starts work on Midtown project on Beach Road

ST 2 Dec 2018:  New Shaw Tower to blend in with Ophir-Rochor makeover

ST 29 Mar 2019:  URA tenders Tan Quee Lan Street site

BT 21 Mar 2019:  Ongoing makeover adding value to Beach Road’s commercial markets

ST 22 April 2019:  Guoco Midtown to jazz up Beach Road and feature new flexible leasing concept

BT 22 April 2019:  GuocoLand to debut flexible leasing concept at Guoco Midtown on Beach Road

 

Mike Tan  |  CEA Regn R059706Z  |  98280030
Click here for some of the best new property launches in Singapore