The Most Efficient OCR Condo? We Review Midwood, The Condo With A 50m Infinity Pool Above A Carpark

Описание к видео The Most Efficient OCR Condo? We Review Midwood, The Condo With A 50m Infinity Pool Above A Carpark

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The Midwood condo didn't have the best of starts. For those in tune with the property market would know that Midwood is not the latest new launch condo around. In fact, it was launched at the end of October 2019 and sold a paltry 24 units, or 4%, over its first weekend. Thankfully for the developers, sales have picked up in tandem with the rest of the property market and is now close to 80% sold.

Midwood is a GLS (Government Land Sale) site and was the second site to adopt a dual-envelope tender process. What this means is that developers have to first submit concept proposals detailing their proposed design, quality, and development track record. Thereafter, only developers who have satisfied the initial criteria will be invited to the second stage – where the site will be awarded to the highest bidder.

In some sense, this would seem like the end product would be assured of a certain quality and design thinking about it – instead of just a straight up competition over its price.

So what it offers is a quite stunning 120m gap between both residential blocks. This means that you will get 80% of the land dedicated to facilities and landscaping. You are close to the greenery areas in Upper Bukit Timah too. And with the Hillv2 mall next door, plus the addition of the Downtown MRT line, connectivity isn't as bad as it was previously as well.

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Chapters
0:00 - Intro
1:23 - Model Tour
4:35 - Location
5:59 - The Developer
6:07 - 1-Bedroom + Study Tour
9:01 - 2-Bedroom Tour
11:46 - 3-Bedroom Tour
14:49 - 4-Bedroom Tour
18:07 - Overall Thoughts & Unit Mix

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Stacked is an online editorial aimed at helping Singapore home buyers, sellers, and renters make better decisions. By regularly conducting research and publishing our findings, we hope to give our readers a much better perspective on buying, selling, or renting Singapore real estate.

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