PUBLISHED 1st May Brand Insider
A brilliant spot for property seekers is said to have risen in Singapore’s exceptionally looked for after prime District 9.
In the River Valley and Robertson Quay areas, a huge number of changes are seen reviving the zone and livening up property costs.
Chief among these developments is the completion of two approaching MRT stations serving the River Valley region for the first time, which will greatly enhance connectivity in the area.
New hotels, retail and F&B offerings in the nearby Robertson Quay are also rejuvenating the lifestyle amenities along the waterfront promenade of the historic Singapore River.
These progressions are regarded a jolt for property estimations in the region, which is now prevalent for its focal area and vicinity to Orchard Road, the CBD and way of life comforts.
Savills Singapore research head Alan Cheong says: “Increased connectivity and new amenities in the precinct would refresh both price and rents by lifting them to a higher plane.”
In any case, it appears that the potential upside has not been evaluated into private properties there yet. A few reviews have demonstrated that properties order an excellent when another MRT line is finished.
Properties close MRT stations can be worth no less than 10 to 15 percent more than those further away by and large, a few examiners have watched.
On that note, a new luxury project by GuocoLand to be launched in the second half of this year is worth a look.
Martin Modern, a 450-unit condominium project, is settled in the opulent private enclave at Robertson Quay, within scrolling distance to the Great World MRT station along the Thomson-East Coast Line and the Fort Canning MRT along the Downtown Line — both up and running by the time the project is completed around 2021.
Private supply in this region is constrained. Sitting on a huge 1.6-ha site in Martin Place, it is just the third site in District 9 to be made accessible in the previous 10 years.
A new kind of luxe
“Martin Modern is in the heart of the city but the moment you cross the main gate, past the mystical driveway to the arrival porch, you will be transported into a tranquil and enchanted garden,” says GuocoLand Singapore’s group managing director Cheng Hsing Yao.
At Martin Modern, over 80 per cent of the land area is reserved for a botanic garden and an arboretum of more than 200 plant species and more than 50 species of trees and palms. The vast acreage will feature 15 different spaces including a party lawn, forest trail, rain gardens and a green maze. This garden is spread across three levels, leveraging the site’s 10-metre upward slope from one end to the other.
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