If you ever notice the quality they put in The Crest, you will have the confidence that Wing Tai is going to make this project the first choice of high-quality homes to many city dwellers.
Show flat briefing for Huttons will be on 5th February 2020 and show flat will be opened for preview on 15th February and VVIP Preview Sale will be one week after that.
Register interest with me via here or simply WhatsApp me at 91694922.
Visit The M website.
Project Information
The M is the new condominium by Wing Tai at the Middle Road which is in the Downtown Core district. It will be a mixed development comprises 522 residential units as well as 9 retail shops on the ground floor which will be managed by Wing Tai with carefully selected tenants. There are three 20-storey and one 6-storey residential towers. All unit types from studio to 3-bedroom dual-key units are investment-friendly. Entry price is believed to be from SGD2,3xxpsf onwards. This project is priced to sell. Maintenance fee is also affordable, from $250 to $350 per month.
Decent condominium facilities like 50m Starlight pool, Club M (the club house), gym, Jacuzzi Lounge, Sky Terrace and many more will be built by the developer. Just enough and not overkill. From the artist impression, lush greenery landscape is expected too.
While Block 38 is having east & west orientations, Block 30,32 & 36 are having north and south orientations. Many units will have the city view towards Marina Bay & Raffles Place CBD.
Unique Features
ID (interior designer) can do wonders. This is what I say to my clients sometimes. But, isn’t it true? In this 99-year leasehold condominium development, Wing Tai actually bring in many fascinating space-saving features and ideas for prospective home buyers. Take a look of below videos.
Foldable dining or working table which is folded and concealed when it is not used. This is provided in 1-bedroom unit.
Movable sliding wardrobe on track which provides flexibility in designing the room. This is provided in studio unit.
This is the most interesting one. Dual-use movable counter-top which covers entire kitchen counter and double up as dining and working table when pulling out. Besides that, integrated ceiling storage space. These are provided in studio unit.
Amenities near The M
The M is surrounded by four MRT Lines, CBD is only two stations away.
It is obvious that this project will catch the eyes of city dwellers due to its strategic location with many amenities around it. With shopping malls (Bugis Junction, Suntec City, Bugis+, Raffles City), full amenities can be reached within short walking distance. For those who do not cook, meals can be bought from famous eateries in vicinity such as those along Seah Street, Liang Seah Street, Tan Quee Lan Street, hawker at Albert Market etc.
Bugis is a chic and an eclectic neighbourhood within the Arts & Cultural Precinct next to the Civic & Fort Canning District.
Investment Opportunity
Under the Ophir-Rochor transformation master plan, more Grade-A offices, retails and F&B space will be added into this area, joining some existing Shaw Tower, Suntec City, South Beach Tower, Duo and upcoming Guoco Midtown that brings future capital appreciation as well as high-quality pool of tenants from many MNC in the vicinity.
Not forgetting the tertiary institutions like SMU, NAFA, LA Salle, SOTA and many more, the staff and students will want to live nearby.
GLS site at Tan Quee Lan Street was won by GuocoLand and the bid price translated to $1,535 psf per plot ratio (psf ppr) which is higher than The M’s bid price of $1,458 psf ppr. The M may have the advantage in terms of lower entry price due to lower land cost (TBC in the future). Both are mixed use development. Tan Quee Lan Street site is nearer to Bugis MRT Station. In the end, it will boil down to what they can officer to each individual home buyer.
Latest updates: The M'd indicative price will be from $2,4xx psf to $2,7xx psf for most of the units, while few units will have $2,3xx psf. This makes The M more attractive compared to neighbouring development likes Midtown Bay which has average price of $2,907 psf. ( Note: Based on transactions in the last 6 months, source: URA, www.squarefoot.com.sg)
Tan Quee Lan Street site may also have advantage in terms of development features as Guocoland is also the developer of opposite Guoco Midtown. The developer may have master/integrated plan for these two developments located side by side to each other. Thus, bring up the value of the properties.
In overall, The M offers a good opportunity to all investors to purchase properties in Downtown Core due to limited new supply in the precinct, especially the studio and dual-key units. Small family who prefers city lifestyle may also consider The M for its close proximity to full amenities, lifestyle facilities and well connectivity to other parts of Singapore.