Guoco Midtown

[Luc777]

You’re OK with low floor? Not much view at MTM anyway, unless you go for 20-25+ south-facing

stayed yewtee level 4 aka resi level 2 and current npr is level 5 also aka resi level 2.

aiming level 6-9 for mtm.

agre mtm no view. priority for us is accessibility. other concern than price is road noise from rochor road nia.

 

[ebiburger]

stayed yewtee level 4 aka resi level 2 and current npr is level 5 also aka resi level 2.

aiming level 6-9 for mtm.

agre mtm no view. priority for us is accessibility. other concern than price is road noise from rochor road nia.

Im guessing you will have insights/sneak peak on the psf price range on the day of 19th march itself which is the Vip sales day for bulk purchases?

 

[Luc777]

Im guessing you will have insights/sneak peak on the psf price range on the day of 19th march itself which is the Vip sales day for bulk purchases?

no la. agent info also kinda limited to what developers give us which we will pass down to buyers also. so can say everyone has access to similar info. just who got it first. as for vip transacted prices if we can get hold of them before the public booking day, have to see cos varies from developer to developer.

i not under vip sales day cos we have to choose either one; vip queue sales for priority selection with no comm or normal queue sales with comm. we opted for the latter.

price wise, I only agar. because the indicative was 2.2xxm for 3br. worst case scenario would be 2.299m, so i took 2.3m divide by the smaller 3br unit which is 904sqft, getting me 25xx psf.

then based on the 2.3m I guessed, I just ownself add 8k per floor lor and divide back by 904 to see where our budget in terms of psf stands.

then still got to standby extra funds for stamp duty etc.

end of the day, my guess is as good as yours, just that we get the info faster and we might have a slight advantage over what to take note of during budget calculations and unit selection because we are in the line which of course still can't be compared to seasoned investors la.

 

[Passerboy]

no la. agent info also kinda limited to what developers give us which we will pass down to buyers also. so can say everyone has access to similar info. just who got it first. as for vip transacted prices if we can get hold of them before the public booking day, have to see cos varies from developer to developer.

i not under vip sales day cos we have to choose either one; vip queue sales for priority selection with no comm or normal queue sales with comm. we opted for the latter.

price wise, I only agar. because the indicative was 2.2xxm for 3br. worst case scenario would be 2.299m, so i took 2.3m divide by the smaller 3br unit which is 904sqft, getting me 25xx psf.

then based on the 2.3m I guessed, I just ownself add 8k per floor lor and divide back by 904 to see where our budget in terms of psf stands.

then still got to standby extra funds for stamp duty etc.

end of the day, my guess is as good as yours, just that we get the info faster and we might have a slight advantage over what to take note of during budget calculations and unit selection because we are in the line which of course still can't be compared to seasoned investors la.

Hi bro, all the best! I was jus thinking does it mean that prices for VIP day and normal day is the same? If that is does it mean that the lower quantum units are likely to be snapped up first given that this development is more of location than view?

 

[scanner007]

Hi bro, all the best! I was jus thinking does it mean that prices for VIP day and normal day is the same? If that is does it mean that the lower quantum units are likely to be snapped up first given that this development is more of location than view?

Anyone have visited the showroom. The appointments were so packed and I can do it this weekend.

 

[daheigou999]

Anyone have visited the showroom. The appointments were so packed and I can do it this weekend.

Slightly disappointed with their furnishing (high expectations for Guoco), but think it’d sell pretty well at launch. 40% sold maybe?

 

[Luc777]

Hi bro, all the best! I was jus thinking does it mean that prices for VIP day and normal day is the same? If that is does it mean that the lower quantum units are likely to be snapped up first given that this development is more of location than view?

thanks! im guessing certain vips might have a slight discount of perhaps 1% thereabouts?

maybe loyalty discount or staff etc. just a guess.

actually i dont have high hopes because our budget kinda low. haha. see how it goes. but wont feel its a pity if we really dont get it.

on the bright side, can look for a resale and move in straight without the wait.

 

[Luc777]

Anyone have visited the showroom. The appointments were so packed and I can do it this weekend.

let me bring you go after booking day! hahaha!

actually can see online. i shared the 360s previously.

360s of the Showroom Units

Spoiler

1 Bedroom

2 Bedrooms

3 Bedrooms

4 Bedrooms

u can wait till sat and see how the prices turn out to be first. then decide if you wanna shortlist this project lor. if prices and layout suit you, then can go down for a physical look ba.

 

[daheigou999]

let me bring you go after booking day! hahaha!

Are you marketing Midtown Modern as well? Will be very credible if you tell your clients that you bought a unit there yourself

 

[Passerboy]

Are you marketing Midtown Modern as well? Will be very credible if you tell your clients that you bought a unit there yourself

I am also curious how many cheques collected since the cutoff on 15 Mar.

 

[snoopydog]

What was the total number of cheques?

Not disclosed.

 

[snoopydog]

Slightly disappointed with their furnishing (high expectations for Guoco), but think it’d sell pretty well at launch. 40% sold maybe?

Its deliberate marketing strategy by the developers.... MTM priced "attractively" between MTB and The M. To give MTM a luxurious finish would have increase the psf by at least $100psf! Besides MTM is subjected to QC rules and the 5 year clock is already ticking. MTB, on the other hand, is not affected by QC rules, which is why Guocoland is concentrating on MTM sales for now ( MTB sales gallery are closed, prices have increased 2.5% since launch, and is currently 36% sold ).
Undoubtedly, Guoco Midtown is a better product than The M, and the latter has started giving discounts for its remaining units.

 

[snoopydog]

Midtown Modern sales would set the bar for Irwell Hill Residences too, Martin Modern recent transactions are touching 29xxpsf... expecting to see Midtown Modern do well if launch ard 27-28xxpsf.. better location and overall nicer product imo.

Agree. While Irwell may be situated in the "affluent" Leonie area, MTM is better, imo.
MTM site is the last land parcel in Bugis. There is ZERO land parcel left for any new condos to build...so no competition. There are only 4 major condos here..MTB, MTM, M residences and Duo ( excluding SBR ) and combined has a total of close to only 1600 units! And springing up nearby will be 2 brand new Grade A office towers, serving an estimated 10,000 workers. Big enough tenant pool There is a lot of development going on here than in Irwell, meaning huge growth potential.
The nearest GLS parcel would be the already demolished colourful Rochor flats, and that land wont come cheap when its up for sale in a few years' time.

 

[Luc777]

Are you marketing Midtown Modern as well? Will be very credible if you tell your clients that you bought a unit there yourself

i market everything haha. but i focus more on integrated projects more because i myself believe in them and stay in them. so at least i sell something i personally will buy. then less salesman vibe. haha.

unless is client specifically request for other projects, then i will bring. wasted cos when we bought north park, i no license yet. haha.

 

[Passerboy]

The nearest GLS parcel would be the already demolished colourful Rochor flats, and that land wont come cheap when its up for sale in a few years' time.

Isn’t the Rochor flat site being demolished for the construction of new ophir-rochor corridor instead of residential sites? Don’t think there are any more land parcel near bugis, the nearest should be Kampong Bugis site nearer to Lavender.

 

[Broadwalk]

i market everything haha. but i focus more on integrated projects more because i myself believe in them and stay in them. so at least i sell something i personally will buy. then less salesman vibe. haha.

unless is client specifically request for other projects, then i will bring. wasted cos when we bought north park, i no license yet. haha.

Can you charge me 0% comm?

 

[NiShiZhu]

Can you charge me 0% comm?

Can I book your cab for free?

 

[snoopydog]

Isn’t the Rochor flat site being demolished for the construction of new ophir-rochor corridor instead of residential sites? Don’t think there are any more land parcel near bugis, the nearest should be Kampong Bugis site nearer to Lavender.

Yes..govt will always try to maximise its land use expecially after acquiring this prime site

https://en.wikipedia.org/wiki/Rochor_Centre

" After the completion of North-South Corridor, there will be a new commercial development located at the former Rochor Centre, and it will be named "The Rochor Residences/Offices", and there will also be an integrated transport hub, replacing Queen Street Bus Terminal and named it 'Bugis Bus Interchange'. "

 

[normoh]

Yup, think the land there will be the exit of the new highway, dunno if the land can be used for high rise residential area. There's a small plot of land behind Hotel Boss thought.

Isn’t the Rochor flat site being demolished for the construction of new ophir-rochor corridor instead of residential sites? Don’t think there are any more land parcel near bugis, the nearest should be Kampong Bugis site nearer to Lavender.

 

[daheigou999]

Isn’t the Rochor flat site being demolished for the construction of new ophir-rochor corridor instead of residential sites? Don’t think there are any more land parcel near bugis, the nearest should be Kampong Bugis site nearer to Lavender.

There are some reserve sites in front of Concourse Skyline, facing the Tanjong Rhu enclave.

Wonder what will happen to these prime waterfront sites