will be launching its Martin Modern project soon. The 450-unit project is located on the site that Guocoland acquired in 2016, for the whopping amount of S$595 million. Since July 22, 2009, Martin Modern is the highest paid auction for the government leasehold project that will be mainly used for residential property. Cheng believes that most of the units in Martin Modern will be purchased by the local Singaporeans and permanent residents in Singapore.