During the official launch last weekend, Martin Modern Phase 1 stroke the market as an odd with 90 units sold out with a total value of over $220 million. The price range is from $2,009 psf to more than $2,500 psf ($1.75 million to $4.55 million) each unit. Most of the units taken up are two- to four-bedroom.
GuocoLand Group Managing Director (Singapore), Cheng Hsing Yao said that the units sold-out were larger units (70% of units), 80% of home-buyers were Singaporeans with the high income, many of them were considering to get their units for the own use, he added.
In addition, Martin Modern is expected to obtain its temporary occupation permit by end 2021.
GuocoLand reveals that they have a strong confidence in Martin Modern Condo with its growth potential and high-quality as well as the ONE-AND-ONLY ‘home within a botanic garden’ concept.