It seems that the construction industry cannot build housing quickly enough in Singapore. The island has a government that believed promoting building projects was a good way to prevent the construction industry and the real estate been too badly affected by recession. That strategy meant that Singapore has had several shopping mall and various condo developments completed in this decade already. Thus the building of condos at The Martin Residence is another part of the strategy to have more housing available for the population of the country. When finished it will provide 500 housing units in a relatively small parcel of land. Its developers won the lease tender from the government as they placed the highest bid.
The Martin Residence Guocoland
Given that there is a shortage of housing on the island you could be mistaken in believing that any housing development like Martin Residence Guocoland is going to sell its completed units without too much of a problem. However experience has shown that condos sell better and faster when the complex they are contained within are in more desirable locations, or are within a short distance of such locations. The Martin Residences without a doubt are close to places that their residents will want to go to for a variety of reasons.
The Martin Residence Martin Place
To begin with the residents of the new complex will find that they can go shopping easily enough from their new condos for Martin Residence Guocoland. They can choose between the Concorde Shopping Centre, the Central Mall, or the Robertson Walk Shopping Centre. There is even easy access to these centres with public transport via the Great World City MRT station. That also means that residents will find the commute to work in the centre of Singapore straightforward enough. There are some high performing schools in the area too, such as Outram Secondary School, and River Valley Primary School.