Midtown Modern will provide all the essential fundamentals of a good life that make true wellbeing in the modern age attainable here.
We live in a time of great change and upheaval; this much is certain, and not much else. With each wave of technological advancement, industries are disrupted and lives, changed. At Guoco Midtown, cultivate a true and enduring sense of wellbeing by looking to the wisdoms of the past and adapting them for the future.
In a neighbourhood teeming with skyscrapers of glass and concrete, the warm brick tones of construction promise a cosy garden home within. Indoors, rustic stone and masonry await amidst a forested garden. A resort-like urban sanctuary unfolds.
Midtown Modern Development info
|Project :||Midtown Modern|
|Address :||16-20 Tan Quee Lan St, Singapore|
|Type :||Mixed Development|
|# of Units :||588 units|
|Tenure :||Leasehold 99yrs|
|Eligibility :||All Nationality|
|T.O.P Date :||est 3Q 2025|
|Site Area :||approx 124,117 sqft|
|Developer :||Guocoland / Hong Leong / Hong Realty|
|Architect :||ipli Architects / ADDP Architects|
|Unit Mix :||1br / 2br / 3br / 4br / PH|
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Developer for Midtown Modern
Listed on the Singapore Exchange Securities Trading Limited since 1978, GuocoLand Limited (“GuocoLand”) is a premier regional property company with operations in the geographical markets of Singapore, China, Malaysia and Vietnam.
In 2017, GuocoLand marked its expansion beyond Asia into the new markets of the United Kingdom and Australia through a strategic partnership with Eco World Development Group Berhad in Eco World International Berhad.
Headquartered in Singapore, the principal business activities of GuocoLand and its subsidiaries (“the Group”) are property development, property investment, hotel operations and property management, and it is focused on achieving scalability, sustainability and growth in its core markets.
The Group’s portfolio comprises of residential, hospitality, commercial, retail and integrated developments spanning across the region. As at 30 June 2018, the Group’s total assets amounted to $10.5 billion.
In Singapore, the Group has successfully developed 35 residential projects yielding approximately 10,000 apartments and homes. GuocoLand’s flagship integrated mixed-use development Guoco Tower, integrates premium Grade A offices at Guoco Tower, a dynamic lifestyle and F&B retail space, luxurious apartments at Wallich Residence, the 5-star business hotel Sofitel Singapore City Centre and a landscaped urban park.
It has also developed a sizeable portfolio of properties spanning across the major cities of Beijing, Shanghai, Nanjing and Tianjin. The Group’s 65% owned subsidiary, GuocoLand (Malaysia) Berhad (which is listed on Bursa Malaysia), is an established property developer of community-centric residential townships and innovative commercial and integrated development projects in Malaysia.
An Award-Winning Developer
GuocoLand has been honoured with numerous awards and accolades both locally and internationally, in recognition of its portfolio of quality, innovative developments and commitment to business excellence.
These include environmental sustainability awards such as the Building and Construction Authority (BCA) Green Mark Awards and Leadership in Energy and Environmental Design (LEED) Pre-Certification, as well as real estate awards honouring the best property companies such as the International Property Awards, FIABCI Property Awards, BCI Asia Awards and South East Asia Property Awards.
Architects for Midtown Modern
After a combined working experience of more than two and a half decades in the architectural profession, Yip Yuen Hong and Lee Ee Lin, the principals of ipli Architects decided to form a practice with a core philosophy and aspirations that would match their own professional and personal ambitions.
Passionate about design and architecture, they were torn between giving every project the attention and time they deserved, with the economics of running a business. This was a constant source of frustration for both but they took on the challenge and ipli Architects was formed in 2001.
By radically changing their working approach, they were able to create a studio that gave equal importance to the pursuit of creativity and innovation with productivity. One of the key decisions was to take on only selective commissions in order to be able to provide the level of service and the personal attention that each and every project and client deserves. This would ensure that the partners would personally nurture each project undertaken throughout its life cycle, with seamless integration and symbiotic use of both partner’s talents and experiences.
Every project undergoes vigorous working design explorations and detailing throughout the work stages to take advantage of site and budget potentials. All this is done within the agreed time-frame and with the intention to maximise and make good use of the client’s budget.
Both partners have thrived under this “remodelled” studio environment and continue to develop and push the boundaries of design while striving to foster a nurturing, creative, flexible and learning practice.
ADDP Architects for Midtown Modern
Founded in 1986, ADDP Architects (renamed to ADDP Architects LLP in 2011) is a multi-faceted architectural practice based in Singapore. We thrive in extensive levels of experience, expertise and resources that encompasses the fields of Master and Urban planning, Architecture and Interior Design. Over the years, ADDP has established a strong base of expertise and competence in providing consultancy services for a wide spectrum of project types in a comprehensive, efficient and effective manner thus gaining acknowledgement and recognition at an international level.
Tan Quee Lan site underwhelms with two bids, one-north Gateway site secures nine bids
THU, SEP 05, 2019 – 11:17 PM
THREE Government Land Sale (GLS) tenders closed on Thursday, with a 99-year leasehold site at Tan Quee Lan Street securing only two bids while the site at one-north Gateway brought in nine bids. The third 99-year leasehold land parcel at Bernam Street in the Tanjong Pagar area drew four bids.
The top bid for the Tan Quee Lan St site of S$800.19 million (S$1,535 per square foot per plot ratio) came from GuocoLand, Hong Leong Group and Hong Leong Investment Holdings. The second bid of S$768 million (S$1,473 psf ppr) was from Maximus Residential Sg and Maximus Commercial Sg (a tie up between City Developments Limited and MCL Land).
At S$440.9 million (S$1,463 psf ppr), the highest bid for the Bernam St site came from Hao Yuan-linked HY Realty. MCL Land’s Vesta Sg Residences and Vesta Sg Comm put in the second highest bid of S$405.08 million (S$1,344 psf ppr) and Boo Han Holdings’ Laguna Garden and Far East Commercial Trustee slipped in the third highest bid of S$373.33 million (S$1,239 psf ppr).
Meanwhile, the leading bid for the one-north Gateway site of S$155.74 million (S$1,001 psf ppr) came from TID Residential, while Kheng Leong’s Peak Vista submitted the second highest bid of S$153.55 million (S$987 psf ppr) and Laguna Garden had the third highest bid of S$151.78 million (S$976 psf ppr).
Tricia Song, head of research (Singapore) for Colliers International, said: “We believe the lukewarm response to the Tan Quee Lan Street and Bernam Street sites potentially reflects developers’ concerns over the macroeconomic headwinds and weaker economic outlook ahead.”
“Comparing the tender results of the three sites, it appears that the smaller the capital requirement, the higher the number of bidders,” said Nicholas Mak, head of research and consultancy for ERA Realty. “In addition, developers are also drawn to locations where there is very little competition.”
source: The Business Times