Mayfair Collection is an upcoming New Condominium in District 21 Singapore. The site/development formerly known as Mayfair Gardens was successfully enbloc sold to Oxley Holdings for $311 million. With an additional lease top-up premium estimated at $52 million to top up the lease to a fresh 99 years, it translates to a land price of about $1,244 per square foot per plot ratio (psf ppr). Under the 2014 Master Plan, the site is zoned "Residential" with a gross plot ratio of 1.4, which allows redevelopment potential to reach up to a maximum permissible gross floor area of 291,865 sq ft. Mayfair Gardens New Condo could potentially have 387 units on average 70sqm per unit.
Mayfair Gardens New Condo is located in a private residential enclave just off Dunearn Road and Bukit Timah Road. It is near to schools such as Methodist Girls' Primary & Secondary schools and Hwa Chong Junior College, and is only a mere 300m away from King Albert Park MRT station.
More information at https://investintproperty.com/properties/mayfair-collection/
No comments:
Post a Comment