GuocoLand unveils expansion plan for Guoco Midtown Master Project, to include a second residential project

Victor Kang21 Aug 2020

guoco midtown

Known as Midtown Modern, the condominium will come with 500 apartment units. Photo: GuocoLand

GuocoLand has unveiled plans for Guoco Midtown II, an expansion of Guoco Midtown. The mega mixed-use development along Beach Road will also come with the inclusion of a second residential project known as Midtown Modern

Located at Tan Quee Lan Street, the condominium project comprises two 30-storey towers with over 500 apartment units in a forest garden setting and a retail podium.

In a release, the property developer revealed that unit types will range from one-bedroom to four-bedroom units.

“Residents will enjoy large green spaces and a wide range of recreational facilities not usually found in Central Business District projects,” it said, adding that more details will be revealed at a later date.

With the expansion of Guoco Midtown II, the total Gross Floor Area (GFA) will now be 1.5 million sq ft, sprawling over 3.2 hectares (ha) of prime land. The mixed-use development will feature a 30-storey office tower, two condominiums (Midtown Bay and Midtown Modern), three concept retail clusters and a five-storey Network Hub building – the first-of-its-kind purpose-built social and business networking club.

Its first residential development, Midtown Bay, offers 219 condominium units that are spread across a 33-storey tower.

Suggested read: Guocoland’s Midtown Bay condo: 5 key points of interest

The developer noted that the units at the development were designed “with a flexible home concept that allows residents to adapt it for living, use as an office or for entertaining friends, family or business associates”.

“The two- and three-bedroom duplex units provide owners a unique opportunity to use the lower floor as a home office or for entertaining, while keeping the upper floor for private residential use,” it added.

Guoco Midtown is set to be completed in phases from 2022 to 2024. The multi-billion development is expected to bring an additional 10,000 residents, office workers and visitors daily into the district.

The mixed-use development is led by GuocoLand with a group of investors – Hong Leong Holdings, Hong Realty and Hong Kong-listed Guoco Group.

 

Looking for a property in Singapore? Visit PropertyGuru’s ListingsProject Reviews and Guides.

Victor Kang, Digital Content Specialist at PropertyGuru, edited this story. To contact him about this or other stories, email victorkang@propertyguru.com.sg

POST COMMENT

You may also like these articles

GuocoLand starts construction of Guoco Midtown despite 84% earnings plunge

Despite the huge plunge in earnings and URA data showing that prices of private non-landed homes in the area dipped by 1.0 percent in Q4 2018, the Group recently broke ground for the integrated mixed

Continue Reading1 Feb 2019

GuocoLand to launch Midtown Bay for sale this Saturday

The only residential launch within an integrated development in the central business district (CBD) in the coming year, it will also have 40 duplex units, that can be adapted from a 2+1 apartment into

Continue Reading2 Oct 2019

Midtown Bay: Live In The Heart Of Guoco Midtown, A Vibrant Work-Live-Play District

SPEACIAL ADVERTISING FEATURE: GuocoLand is breaking new grounds with its latest mega mixed-development Guoco Midtown, offering thoughtfully-designed public spaces, a new experience of working in Grade

Continue Reading30 Oct 2019