8 Martin Residences in an upcoming and developing by Guocoland. It is a 99-year leasehold residential site located at Martin Place in River valley. There were a total of 13 bids for this particular piece of land. This land had been put up for sale by Government’s Urban Redevelopment Authority. Guocoland won the highest bid of S$595.1 million which basically means S$1,239 per square feet per plot ratio. Its break-even point is estimated to be approximately S$1900 psf per plot ratio. It was one of limited plot of land that was available for development’s tender that was located near to Orchard and also to a MRT Station. It would have gross floor area of 44,622 sqm. There would be approximately 300 units in this condominium and is expected to be TOP in later part of 2017. This condo would be very luxurious and according to the plan there would be two 30-storey towers which would in total consist of approximately 300 residential units.
8 Martin Residences would be located in a very prestigious area of Singapore which is Singapore’s 09 District. It would make a perfect choice for families or singles who are looking for a luxurious yet comfortable home. The location would provide all the convenience and all the facilities that you would expect from a place you would call home. Also, the condo would be having a range of 1-Bedroom Residential unit to 4-Bedroom Residential units from which the future residents can choose according to their need and budget. The different and varied sized condos would make home to various diverse mix of people thus making this a friendly and fun community to live in.