Singapore – Knight Frank is pleased to reveal that Mayfair Gardens , a 124- system domestic development found off Dunearn Road, has been sold collectively to Citrine Home Pte Ltd, a subsidiary of Oxley Holdings Ltd, for S$ 311 million. Mayfair Gardens inhabits more than 200,000 square feet of land area and is seeking to develop about 387 systems. The approximate land rate is $1,244 per square foot (psf) per plot ratio (ppr) after an extra premium top-up of the land lease to a new 99-year period. This would represent a breakeven cost for this new launch condominium to be at an estimated $1,780 psf. Mayfair Gardens Layout and styles will hold the main elements of Oxley’s Group, like way of life design and wanted functions.
Future Residents of Mayfair Gardens Condominium will find a number of prominent schools within such as Pei Hwa Presbyterian Main School and Methodist Girls’ School. On this large plot of land will be home to 1-bedroom to 5-bedroom systems with 4-bedroom strata landed which will be well received to prospective buyers. With the introduction of the strata landed in this prime district 21 of Bukit Timah, we anticipate systems to be well offered. The lush greenery within the development will be well prepared with a range of facilities to pick from. A well planned house awaits you at Mayfair Gardens.
Mayfair Gardens rate will be exciting to watch for the upcoming District 21. Get the most recent starbuy price from direct designer from us. Please call us at 6100 3447 to understand more or drop us a message listed below. Mayfair Gardens is a brand new condominium Mayfair Gardens located at Rifle Variety Roadway along the prominent Bukit Timah Roadway in District 21. The new Bukit Timah condominium is the former Mayfair Gardens collective sale that was bought over by house grown developer Oxley Holdings.
Bus stops are simply a couple of actions away from the main entrance of Mayfair Gardens and it has shopping malls nearby such as Bukit Timah Shopping Centre, Beauty World Centre and The Grandstand. Mayfair Gardens is located within 1 km to Methodist Woman’s School and Pei Hwa Presbyterian School. It is within close distance to Nanyang Primary School, Nanyang Lady’s High School, Hwa Chong Organization, National Junior College, Ngee Ann Polytechnic, German European School Singapore and many more.
Surrounded by water functions, stylish Clubhouse, A boardwalk of English Tea Pavilion and aqua gym, Mayfair Gardens provides its citizens with choices from one-bedroom units to four-bedroom penthouses. The new project is positioned on the previous Mayfair Gardens en bloc site, which was acquired by Oxley in November 2017 for $311 million. In addition to a lease top-up premium of about $52 million, this equates to a land rate of $1,244 psf per plot ratio (psf ppr).