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Martin Modern Phase 1 SOLD OUT

Martin Modern Phase 1 SOLD OUT.

GuocoLand sold approximately 90 units for the first phase of Martin Modern for a total of more than $220 million, over the weekend from July 22 to 23. Each unit was sold at a price range of $1.75 million to $4.55 million ($2,009 psf to more than $2,500 psf). Units sold ranged from two- to four-bedroom units.

“More than 70% of the units sold were larger units and 80% of buyers were high-income Singaporeans,” says Cheng Hsing Yao, Group Managing Director of GuocoLand Singapore. “This is a strong stamp of confidence in Martin Modern in terms of its quality and growth potential.” Cheng adds that many of the buyers are considering the units for their own use.

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According to GuocoLand, Martin Modern buyers were attracted to the ‘home within a botanic garden’ concept. The project is expected to receive its Temporary Occupation Permit (TOP) by end 2021.


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