The M
Last Updated: 5th December 2020
- 05-12-2020: Register Interest to view The M showflat and get Direct Developer Price & VVIP Discounts.
- 05-12-2020: Contact us to get the updated The M price and floor plan.
- 27-11-2019: The M launch date will be announced here. Bookmark this page.
- 24-11-2019: Check your loan eligibility by calculating at Max Loan Eligibility Calculator (TDSR)
- 17-11-2019: Find out the recently updated site view.
- 10-11-2019: Location map and nearby amenities are updated.
- 03-11-2019: Welcome to the The M website.
| Project Name | The M |
| Location | Middle Road, Singapore |
| District | D7 |
| Site Area | 80,320 sq ft / 7,462 sqm |
| Site Use | Residential Flat Developement |
| Tenure | 99-year leasehold |
| Total No. of Units | 522 |
| No. of Storeys | 3 blocks of 20 storey, 1 block of 6 storey |
| Developer | Wingcharm Investment Pte Ltd, a subsidiary of Wing Tai Asia |
| Architect | P&T Group |
| Payment Scheme | Normal Progressive |
| Expected Date of TOP | Est. 2024 |
The M Price
Price Fact sheet & Guide
M-condo site located along Middle Road was sold to the Wingcharm Investment, a unit of Wing Tai Holdings, at the price of $492m. It was hotly contested by 10 bidders.
The site area of 7,462sqm, is an up-and-coming destination for work, live and play, surrounded by commercial developments and array of F&B outlets. As its close proximity to CBD, the site is not subject to the 85 sqm ruling. It can build 375 residential units and upto 1,500 sqm of commercial space on the first floor. It consists of low rise zone upto 6- storey and high-rise zone up to 20-storey high.
The sale price translates to a land price of $1,458 per sq ft per plot ratio (psf ppr).
It’s estimated that break even cost around $2000psf, and the launch price may range anything from $2500psf onwards.
Register your interest to be notified once The M Price becomes available!
STUDIO
48 UNITS
409 – 420 sqft / 38 – 39 sqm
1 BEDROOM
96 UNITS
409 – 495 sqft / 38 – 46 sqm
1 BEDROOM + STUDY
89 UNITS
527 sqft / 49 sqm
2 BEDROOM
170 UNITS
592 – 667 sqft / 55 – 62 sqm
2 BEDROOM + STUDY
102 UNITS
721 – 764 sqft / 67 – 71 sqm
3 BEDROOM DUAL-KEY
17 UNITS
904 sqft / 84 sqm
Calculators: Estimate Mortgage | Payment Plan | Rental Yield
Buyer’s Stamp Duty (BSD)
| Purchase Price or Market Value of the Property | BSD Rates for Residential Properties | BSD Rates for Non-Residential Properties |
|---|---|---|
| First $180,000 | 1% | 1% |
| Next $180,000 | 2% | 2% |
| Next $640,000 | 3% | 3% |
| Remaining Amount | 4% |
Additional Buyer’s Stamp Duty (ABSD)
| Nationality | 1st Property | 2nd Property | 3rd Property |
|---|---|---|---|
| Singapore Citizens | N.A. | 12% | 15% |
| Permanent Residents | 5% | 15% | 15% |
| Foreigners | 20% | 20% | 20% |
| Entities / Companies | 25% | 25% | 25% |
Residential Home Loan Regulations (MAS)
| First Loan | Second Loan | Third Loan | |||||||
|---|---|---|---|---|---|---|---|---|---|
| Loan Tenure | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | Up to 30 years | 31-35 years | |||
| Age | Age used to calculate loan tenure, will be based on income-weighted | ||||||||
| Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | Up to 65 | Up to 70-75 | Up to 70-75 | |
| Maximum LTV Limit | 75% | 55% | 55% | 45% | 25% | 25% | 35% | 15% | 15% |
| 20% (non-individuals) | |||||||||
| Minimum Cash Downpayment | 5% | 10% | 10% | 25% | 25% | 25% | 25% | 25% | 25% |
| Gaurantors / Co-borrowers | All Co-borrowers must be mortgagors. Guarantors must be co-borrowers if the latter did not pass the TDSR criteria |
||||||||
| Mortgage Servicing Ratio | N/A | ||||||||
| Total Debt Servicing Ratio | 60% | ||||||||
| Stress Test Interest Rate | 3.5% | ||||||||
Also known as Progressive Payment Scheme, allows you to service your loan via monthly instalments progressively stage by stage as the property is being built.
| Stage | Payment Under a Standard Payment Scheme (% of Purchase Price) |
|---|---|
| Upon the grant of Option to Purchase | 5% (Booking Fee) |
| Upon signing of the Sale & Purchase Agreement or within 8 weeks from the Option date | 20% less Booking Fee |
| Completion of foundation work | 10% |
| Completion of reinforced concrete framework of unit | 10% |
| Completion of partition walls of unit | 5% |
| Completion of roofing/ceiling of unit | 5% |
| Completion of door sub-frames/ door frames, window frames, electrical wiring, internal plastering and plumbing of unit | 5% |
| Completion of car park, roads and drains serving the housing project | 5% |
| Notice of Vacant Possession (TOP) | 25% |
| On Completion date | 15% |
The M Location
The M condo is located at Rochor/Ophir precinct, an upcoming CBD extension. Iconic landmarks sprung up in the past few years include South Beach, Duo, The Gateway, and the upcoming Guoco Midtown. The area will be rejuvenated with new 5-star Hotels, Grade A offices, Retail and F&B offerings from these new developments. Neighbouring Shaw Tower will be redeveloped and could potentially add another 400,000 sqf of new office space and 30,000 sqf of retails pace to the district. New buildings will blend well into the Kampong Bugis area with its conservation shophouses and local heritage.
The residents of M-condo will enjoy easy access to Orchard and CBD via public transport in less than 15 mins. You can hit 3 MRT lines within 3-5 min walk, they are Bugis (EW & DT line) and Esplanade (Circle Line) MRT
Beach Road offers a plethora of choices for shoppers. Apart from 2 major shopping malls nearby, Bugis Junction and Suntec City, there are many retail outlets in those newly completed integrated developments. As the area matures into a full-fledged work-live-play commercial and lifestyle hub over the next decade, residents in M-condo will enjoy substantial price upside in years to come.
As the site is surrounded by low rise building and shophouses, many units will be able to enjoy clear view of the heritage locality and Kallang River.
Amenities @The M
| Catergory | Amenites | Approx Distance |
| MRT Station | Bugis MRT (EW12, DT14) | 0.30km |
| Esplanade MRT (CC3) | 0.50km | |
| Bus Stops | NTH BRIDGE COMMERCIAL CPLX (01039) (Services: 7, 32, 51, 61, 63, 80, 145, 175, 197, 851 | 0.10km |
| OPP SHAW TWRS (01621) Services: 57, 100, 107, 961, 961C, 980 | 0.10km | |
| Schools | Stamford Primary School | 0.70km |
| St. Margaret’s Primary School | 1.30km | |
| Shopping Malls | Bugis Junction | 0.20km |
| Suntec City Mall | 0.50km | |
| Raffles City Shopping Centre | 0.60km |
The Central Area is envisioned as a well-connected and walkable global city centre with abundant job and business opportunities and endless options for leisure. It is an area of strong local identity and rich built heritage, and provides a variety of housing options within an attractive environment where work and play are close by.
Want to know how Central Area is planned with the comprehensive range of facilities to meet the needs of current and future residents? Check out the Central Area URA Master Plan.
The M Site Plan
The M Floor Plan
The The M condominium is designed to accommodate all your needs, a love nest for younger families or even multi-generational living. See below for the floor plans of the units available in The M.
Click the button above to view & download the Full The M Floor Plan.
Is floor plan easy to understand? Whereas it is exciting to read floor plans, compare them and hopefully make the decision, sometimes it can be confusing due to the many unfamiliar symbols and different types of lines. Armed with some basic knowledge, you will be able to gain more information from floor plans.
Doors
When reading floor plan, it is easier to first visualise yourself at the main door. That helps you better understand how living room, kitchen, bedrooms are connected.
Doors are quarter-circles on the floor plan. The arc of the door symbol indicates if the door swings inwards or outwards.
Windows
Windows are marked with thin hollow lines. There are two types of windows in Singapore – the sliding window and the casement window. The difference is that casement windows usually come in pairs.
Walls
You can quickly notice these bold lines and normal lines by looking at its thickness from the floor plan.
- Bold lines are structual walls which cannot be hacked.
- Normal lines are non-structual walls which usually can be safely removed. Non-structural walls seperate one room from another.
* For development using prefabricated structure, walls are indicated as normal lines but they cannot be hacked. You need to check the brochure if it is prefabricated units before planning any renovation work.
Facing
It is important to know the facing of doors and windows. The facing of North is usually indicated at the corner of the floor plan and is easier to tell directions from the site plan.
Symbols of door and windows on the floor plan and Their Meanings
The M Showflat
Location, Opening Hours
The location of The M condo is to be advised..
Kindly book an appointment here or call us at +65 6528 9588 before making your way down to view The M Showflat as it may be closed at certain days/time.
Online registrants who have booked an appointment here will be able to receive Direct Developer Price and need not pay any commission. Please be informed that units for sale at The M are on first come first serve basis.
Things to Take Note Before Visiting The M Showflat
- It is advisable to check exactly how much CPF you are eligible for The M purchase after setting aside the minimum sum.
- How are you affected by the TDSR & ABSD? You will need to know the bracket you are in. Find out more using the TDSR calculator.
- On the actual launch date, you will need to understand how the Balloting System works.
Alternatively, you may simply book an appointment by filling up the form below and let us contact you. Our experienced sales team is able to assist you throughout the process.
