The development of a big city can’t ever take place without the local government’s initiative. Singapore’s rapid development is often credited to the development plans and policies of the government. The Martin Modern residential project will be built in the central area with a reasonable price and will consist of 450 condo units .
This is by far one of the biggest projects undertaken by popular developer GuocoLand. The company won the location by defeating the bids made by 13 other real estate developers. The Urban Redevelopment Authority (URA) gave the land to GuocoLand under its Master Plan. URA’s Master Plan has been drawn up to further develop Singapore’s central area with several commercial as well as residential buildings.
The central area has its own MRT station, a huge encouragement for rapid growth. The Martin Modern project consists of approximately 450 residential condos built in the central-area of Singapore. Every building shall have an average height of 20 or 30-stories. Martin Modern is going to be built as dual key units, which provides enough space to each condo unit. The geographical advantage of Martin Modern helps it to benefit from the URA’s Master Plan.
Since the condos are being allocated on a first-come first-serve basis, buyers can expect to enjoy all the modern facilities by the time they are handed over possession of the condos. Singapore’s central area is slated to undergo several developmental changes such as dedicated cycling paths and the aforementioned MRT station. Several commercial buildings will be built in the central area in the coming years, which implies that numerous companies and businesses will have their offices in the region. Thus, residents in Martin Modern may have the benefit of having both their condos as well as their offices located near to each other.
Benefits of the Government’s Master Plan
- Quicker and better intra-city connectivity – Martin Modern residents will be able to avail convenient intra-city connectivity offered by the government. The MRT station’s location is just 5 minutes from the residential site. Thus, the residents will never have to worry about transportation. The government also has plans of implementing a cycling path in the central area, which gives a healthier option for the residents.
- Fulfilling educational needs – Martin Modern residents will be able to take advantage of the educational institutions located in the near vicinity of the project. Several old as well as new schools that offer primary, secondary, and even tertiary schooling are located close to the residential site. Some of the popular primary schools located in the near vicinity of the project include River Valley Primary School, Zhangde Primary School, Anglo Chinese Junior School, and St. Margaret Primary School.
- Shopping Malls – Since the Urban Redevelopment Authority has already given away the land for commercial purposes, these include shopping malls. Residents in the central area can stop worrying about their shopping needs. There’s no need to travel to other parts of the city because their surrounding area already has numerous shopping malls to cater to the needs of residents in the area.