Midtown Bay High Bid
There is a new and upcoming executive condo to be launch at Beach Road, Central for this year. And it is the only executive condo to launch in 2019. This project has gathered seventeen bids since the site was launched late last year. The developers will be comprised of thirteen blocks, each having between ten and seventeen storeys, actual to be confirm.
The Midtown Bay at Beach Road received a winning bid of S$509.37 million. The projected value makes it the most expensive bid for an executive condo in Singapore. The positive side of the Central district, which makes the Midtown Bay project a highly sought after residential property for buyers due to its potential upside. It is believed the project is going to be a success considering that the developer has won the most BCA awards in Singapore and base on their experience. The ideal location and other advantages of the development has makes it a highly valuable property.
There are several plans underway to make it an exceptional eco-green area as well as a digital waterfront town characterised by many developments. Hence Central is no loner considered a non-mature estate without enhancements. Midtown Bay face a panoramic view of the Central Reservoir. There are many amenities in the vicinity, including Seletar Mall, Waterway Point and Central Plaza. These malls give buyers many shopping, entertainment and dining options.
According to URA, Central will become the first digital district in Singapore integrating business and education and driven by social, technology and urban innovation. It will feature all the important sectors that constitute a digital economy such as artificial intelligence and the Internet of Things that will steer the Smart Nation Initiative in Singapore.
Central is set to be the first Digital District in Singapore with an exciting future that any buyer will like.